Carl Lamm Holding Ab: Carl Lamm/Ricoh Enter into Agreement with Axfood.- STOCKHOLM, Sweden -- Carl Lamm/Ricoh have entered into a framework agreement with Axfood AB, worth approximately SEK SEK In currencies, this is the abbreviation for the Swedish Krona. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 10 million over the contract period. Under the terms of the agreement Carl Lamm (STO:CLHO), as supplier, will provide the Axfood Group with Ricoh's multifunctional products (MFPs) as well as related software, service and support. The agreement is valid from December 2008 for a two-year period and includes an option to extend the contract. Carl Lamm is the exclusive supplier of Ricoh products in Sweden. Axfood conducts food retail and wholesale trade in Sweden. The Group's retail operations are conducted through the wholly owned Willys, Hemkop and PrisXtra chains and the Group's wholesale operations are conducted through Dagab and Axfood Narlivs. Axfood is listed on the NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on OMX OMX Office Max (stock symbol) Nordic Exchange and has around 10,500 employees. Under the terms of the agreement the Group will standardize stan·dard·ize v. 1. To cause to conform to a standard. 2. To evaluate by comparing with a standard. its office equipment so that all MFPs are supplied by Carl Lamm/Ricoh, resulting in fewer operational routines etc., and thereby decreasing costs for Axfood. "According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the agreement, Carl Lamm is now the sole supplier of MFPs to the entire Axfood Group. Axfood has stores all over the country and our aim is to be supplier to the stores too," said Hans Johansson, Group President and 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. Carl Lamm Holding AB. The IT company Carl Lamm operates in the document and information management sector and has a nationwide organization with operations in 25 strategic locations in Sweden, offering solutions for customers' IT environments. Carl Lamm is the exclusive Swedish distributor for Ricoh products, Philips voice management systems, Francotyp-Postalia's postage-meter systems and a distributor of Samsung multifunctional products. Furthermore, the company is a HP Gold Partner and a Microsoft Gold Partner. Carl Lamm Holding AB is listed on the OMX Nordic Exchange Stockholm. For further information regarding Carl Lamm Holding, please visit www.carllamm.se. The information in this press release is such that Carl Lamm Holding AB is required to disclose under the Securities Market Act and/or the Financial Instruments Trading Act. It was released for publication at 08:50 (CET CET abbr. Central European Time CET Central European Time CET n abbr (= Central European Time) → hora de Europa central CET abbr ) on December 9, 2008. This information was brought to you by Cision http://www.cisionwire.com |
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