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IBM Signs Six-Year IT Services Agreement with Nordea


STOCKHOLM - 08 Apr 2010: 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.

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.

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For more information, please visit www.ibm.com/services.

Contact(s) information

Tara Sucato
IBM Media Relations (U.S.)
917-472-3701
tjsucato@us.ibm.com

Anders Hermansson
IBM Media Relations (Sweden)
+46 70 793 37 55
anders.hermansson@se.ibm.com

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