IBM Signs Six-Year IT Services Agreement with Nordea

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April 8, 2010
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IBM Signs Six-Year IT Services Agreement with Nordea

STOCKHOLM, April 8 -- IBM (NYSE:IBM) and Nordea (Nasdaq OMX: NDA SEK), the leading bank in the Nordic region, today announced a new six-year IT services agreement that runs through 2015. The new agreement succeeds a 10-year contract signed in 2003.

(Logo:  http://www.newscom.com/cgi-bin/prnh/20090416/IBMLOGO )

IBM will provide a flexible solution that supports the overall strategic direction of the bank. The agreement covers -- with updates to the original agreement -- IT infrastructure and operations services for Nordea in the Nordic countries. This will include mainframes, mid-range servers, PCs, local area network and helpdesk services. The contract also enables utilization of new emerging technologies such as Cloud computing.

Under the agreement, Nordea will benefit from improved flexibility and transparency as well as enhanced, more resilient infrastructure. Nordea will also be able to further leverage IBM's global leadership in technology and innovation with access to IBM's rich assets across research, consulting, software, system integration and global delivery.

  The contract was signed in March 2010.

  About IBM
  For more information, please visit http://www.ibm.com/services.

  Media Contacts
  Anders Hermansson
  External Communications Manager, IBM Sweden
  anders.hermansson@se.ibm.com
  +46 70 793 37 55

  Tara Sucato
  Media Relations, IBM U.S.
  tjsucato@us.ibm.com
  +1 917-472-3701

Photo:  http://www.newscom.com/cgi-bin/prnh/20090416/IBMLOGO
PRN Photo Desk, photodesk@prnewswire.com
Source: IBM
   

CONTACT:  Anders Hermansson, External Communications Manager, IBM Sweden,
anders.hermansson@se.ibm.com, +46 70 793 37 55; or Tara Sucato, Media
Relations, IBM U.S., tjsucato@us.ibm.com, +1-917-472-3701

Web Site:  http://www.ibm.com/

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