4Front Technologies, Inc. Wins Major New Systems Management and Consulting Contract With Swedish PTT.Business & Technology Editors LONDON--(BUSINESS WIRE)--April 4, 2000 -Contract Worth $3.5 Million Over 3 Years- -Contract Won In Partnership With Tivoli Systems- 4Front Technologies, Inc. ("4Front") (Nasdaq NM/EASDAQ Symbol: FFTI FFTI Federazione Field Target Italia (Italian) FFTI Feel Free to Ignore ) today announced that 4Front Sweden has won a major system management and consulting contract from Telia Systems and Service AB (The Swedish National Postal and Telecommunications Company See telecom company. ). The contract has an estimated value of approximately $3.5 million over 3 years. The contract was won in partnership with the leading global IT services and solutions provider Tivoli Systems Inc., which is a unit of IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) . Under the contract, 4Front Sweden will provide a range of system management services and solutions to Telia offices throughout Sweden. Peter Rosqvist, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of 4Front Sweden, said, "This is an excellent contract win by 4Front Sweden. We are working with Telia in a number of high-value areas and look forward to further developing our already strong relationship with them. This contract is also one of several we have been working on with Tivoli, who are fast becoming an important industry partner for 4Front." About 4Front Technologies, Inc. 4Front Technologies, Inc., is a leading provider and integrator of information technology, consisting of specialized computer services Data processing (timesharing, batch processing), software development and consulting services. See service bureau, SaaS and ASP. and web-based solutions, primarily to blue-chip corporations throughout Europe. 4Front's services and solutions include help-desk services, education services, network services, e-business and software solutions, and support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services . 4Front's customers include General Electric, British Telecom The telephone and communications carrier that provides services in Great Britain and Northern Ireland. It used to be a division of the British Post Office, but was privatized in 1984 under Margaret Thatcher's administration. , Telecom Italia, Lucent, Computer Sciences Corp., IBM, Phillips, Nokia, Siemens, Sony, Cegedim, Renault, Pfizer, Paine Webber, Societe Generale and the UK Ministry of Defence. Additional information on 4Front can be found on the Company's website at www.4fti.com. About Tivoli Systems Inc. Tivoli Systems Inc. provides the industry's leading open, highly scalable and cross-platform technology management solutions that span networks, systems, applications and business-to-business e-commerce. Leading companies around the world use Tivoli software and Tivoli Ready(TM) products to reduce the cost and complexity of managing networks, systems, databases and applications. Headquartered in Austin, Texas, Tivoli is an IBM company (NYSE NYSE See: New York Stock Exchange : IBM). Tivoli distributes its products worldwide through a network of global sales offices, systems integrators, resellers and IBM sales channels. For more information, visit www.tivoli.com. |
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