4Front Technologies, Inc. Wins New IT Service Contract With Fujitsu Siemens; Contract Worth $1.5 Million Over 3 Years.Business Editors & High-Tech Writers LONDON--(BUSINESS WIRE)--April 19, 2000 4Front Technologies, Inc. ("4Front") (Nasdaq NM/EASDAQ Symbol:FFTI FFTI Federazione Field Target Italia (Italian) FFTI Feel Free to Ignore ) today announced that 4Front France has won a new contract for the provision of logistics 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 to Fujitsu Siemens (Fujitsu Siemens Computers, Inc. (USA), Milpitas, CA, www.fujitsu-siemens.com) Fujitsu Siemens Computers USA is a wholly owned research and development subsidiary of Fujitsu Siemens Computers. . The estimated contract value is $1.5 million over three years. This contract is an extension to the significant business 4Front already does with Fujitsu Siemens following its acquisition of INEA INEA Istituto Nazionale di Economia Agraria (Italian: National Institute of Agricultural Economics) INEA Instituto Nacional de Educación para los Adultos (Spanish: National Institute for Adult Education; Mexico) in 1998. Antoine Henocq, General Manager of Fujitsu Siemens Computer France, said, "The combined capabilities of Fujitsu and Siemens have produced the number two key player in the European IT server and workstation market. We need strong partnerships with major players in the French market such as 4Front. This new agreement strengthens the partnership established with 4Front 18 months ago." Alain Sanjaume, General Manager of 4Front France, said, "We are pleased to contribute to the growth of our customers and provide them with value added Value Added The enhancement a company gives its product or service before offering the product to customers. Notes: This can either increase the products price or value. services which fit their requirements. This new agreement demonstrates the trust and confidence of a very significant customer and we hope, in due course, to extend our partnership with Fujitsu Siemens to other European countries." 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. 4Front's customers include General Electric, British Telecom, Telecom Italia, Lucent, Computer Sciences Corp., 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) , 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. |
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