TurnIT subsidiary Libro selected as IT supplier to SAS

TurnIT subsidiary Libro selected as IT supplier to SAS In a procurement process for master agreements covering IT-related consultancy services worth SEK 500 million on an annual basis, the TurnIT subsidiary Libro, part of TurnIT Consulting, has been selected as a supplier. Libro has already carried out a number of assignments, including operational analyses, requirement specifications, Java development, adapting Oracle Financials, and a range of multimedia applications. SAS expects very high standards from its selected IT suppliers in meeting the company's needs for systems development and systems maintenance. The choice of Libro as an IT supplier reflects Libro's high level of expertise in systems development and its ability to offer SAS the relevant skills. - "The master agreement with SAS strengthens Libro's position as one of the leading IT suppliers, and we expect Libro to achieve its target of 20 percent annual growth", says Peter Enström, President of TurnIT AB, in his comments on the agreement. The Libro Group consists of three companies: Libro Datakonsult AB, Libro ITarkitekt AB and Libro TIME AB. Libro is part of TurnIT Consulting, a business area within TurnIT AB - one of Sweden's major quoted IT groups on the OM Stockholm Stock Exchange O list. TurnIT has 1000 employees. Its business idea is to act as an IT partner, and to offer a low-risk share through the acquisition of companies in different areas of the IT market. The Group's operations are divided over five business areas; Consulting, Software, Communication, Outsourcing and Supplies. It also includes TurnIT Development, which invests in IT companies at an early stage of development. TurnIT AB For further information, please contact: Knapp Lennart Petterson, President, Libro AB, Tel: +46 (0)18 16 77 01, Mobile: +46 (0)705 16 77 00 Rickard Linderoth, Information Director, TurnIT AB, Tel: + 46 (0)8 545 877 45, Mobile: +46 (0)709 65 02 98 ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2000/05/29/20000726BIT00600/bit0001.doc http://www.bit.se/bitonline/2000/05/29/20000726BIT00600/bit0002.pdf