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Comments To the Co-operation Between Framfab and Volvo IT.


Business Editors

STOCKHOLM, Sweden--(BUSINESS WIRE)--July 10, 2000

With reference to the attention surrounding the co-operation between Framfab and one of AB Volvo's subsidiaries, Volvo IT -- not to be to confused with Volvo Car Corporation or AB Volvo -- Framfab announces the following:

Framfab is co-operating with several parties within Volvo. Framfab is primarily working with Ford-owned Volvo Car Corporation in the areas Internet solutions and e-business. Furthermore, Framfab is a direct supplier to AB Volvo and its subsidiaries, among them Volvo Trucks Volvo Trucks (sv: Volvo Lastvagnar), a Swedish truck manufacturer, owned by Volvo, is the World's second largest heavy-duty truck brand. Founded in 1927, in 2006 Volvo Trucks employed about 35,000 people around the world. , in the same areas. Volvo IT, which forms a part of the AB Volvo group, is also one of Framfab's clients, primarily of traditional IT services. Guide, today a part of Framfab, was during 1998/99 one out of four preferred suppliers of IT services to Volvo IT and works under a frame agreement. In March this year the frame agreement was transferred from Guide to Framfab. Today the frame agreement includes only traditional IT services. The details of this co-operation are being discussed between Framfab and Volvo IT.

Until the discussions are finished, Volvo IT has decided not to use the frame agreement. The co-operations between Framfab, Volvo Car Corporation and the other subsidiaries of AB Volvo are pursued as scheduled. The discussions on the subject of the future co-operation between Framfab and Volvo IT are held in a positive spirit and in spite of the frame agreement not currently being used, the ongoing projects are continuing.

Framfab's business concept is to create new business for the network economy through strategic advice and digital services. Framfab today has 2,050 employees in 53 offices in Denmark, France, Italy, the Netherlands, Norway, Great Britain Great Britain, officially United Kingdom of Great Britain and Northern Ireland, constitutional monarchy (2005 est. pop. 60,441,000), 94,226 sq mi (244,044 sq km), on the British Isles, off W Europe. The country is often referred to simply as Britain. , Sweden, Germany and USA. Our clients include 3M, AstraZeneca, AXA AXA Anguilla, Anguilla (Airport Code)
AXA Alpha Chi Alpha
AXA Animal Crossing Ahead (online forum community/guide to the game Animal Crossing)
AXA Auxiliary Artery
, Bosch, Electrolux, Ericsson, Expressen, France Telecom, IKEA IKEA Ingvar Kamprad Elmtaryd Agunnaryd (Swedish home furnishings retailer founder's initials and location) , International Red Cross, le Groupe Pernod Ricard Pernod Ricard (Euronext: RI) is a French company producing alcoholic beverages. Their most famous product, Pernod Anise (40% alcoholic volume) and Ricard Pastis, are both pastis, and often referred to as simply Ricard or Pernod. , Nike Europe, SAAB SAAB Svenska Aeroplan Aktiebolaget (Swedish Aeroplane Corporation; auto/aircraft manufacturer)
SAAB Student-Athlete Advisory Board
SAAB Student African American Brotherhood
SAAB South African Association of Botanists
 Group, Tele Danmark, Vattenfall, Volvo Car Corporation and Volvo Group. Framfab is listed on the Stockholm OM Stock Exchange "O" list.

------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download To receive a file transmitted over a network. In any communications session, "download" means receive, and "upload" means send. The download/upload often implies a big/little scenario, in which data is being downloaded from the "big" server into the "little" user's computer. : http://www.bit.se/bitonline/2000/07/10/20000710BIT00670/bit0001.doc http://www.bit.se/bitonline/2000/07/10/20000710BIT00670/bit0002.pdf
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Publication:Business Wire
Geographic Code:4EUSW
Date:Jul 10, 2000
Words:363
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