Reference is made to the Atea ASA stock exchange notice of December 22, 2014 regarding a new frame agreement with the Norwegian Armed Forces. The frame agreement covers the delivery of IT equipment and associated services to the Armed Forces’ secure IT platforms.
The Norwegian Armed Forces has exercised an option to extend its frame agreement with Atea for another two years. This extension to the frame agreement covers the calendar years 2020 and 2021 and has a value of approximately NOK 500 million per year. This is the final extension option on the frame agreement.
“We are very pleased that the Norwegian Armed Forces has renewed its trust in Atea by extending our frame agreement for another two years. This demonstrates that we are adding value to the Armed Forces as a provider of IT products and services, and as an advisor and partner in their IT strategy. We are committed to provide high quality IT products and services to the Armed Forces in the years to come,” commented Michael Jacobs, Managing Director in Atea Norway.
For further information, please contact:
Steinar Sønsteby, CEO Atea ASA, mobile (+47) 930 55 655
Robert Giori, CFO Atea ASA, mobile (+47) 934 09 188
Atea is the leading supplier of IT infrastructure and system integration in the Nordic and Baltic regions with 7,400 employees. Atea is present in 87 cities in Norway, Sweden, Denmark, Finland, Lithuania, Latvia and Estonia. Atea delivers IT products from leading vendors and assists its customers with specialist competencies within IT infrastructure services. Atea had revenue of approximately NOK 35 billion in 2018 and is listed on Oslo Stock Exchange https://www.atea.com