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-Norwegian EDB ErgoGroup gets ATM service contract in Sweden.

INTERNET BUSINESS NEWS-(C)1995-2011 M2 COMMUNICATIONS

1 February 2011 - Norwegian IT group EDB ErgoGroup ASA (OSL:EDBASA) said today it will service the 2,800 automated teller machines (ATMs) of company Bankarnas Automatbolag AB, or BAB, in Sweden, in a seven-year deal.

No financial details were available.

The agreement creates a foundation for profitable growth in the bank and finance sector in the country, EDB ErgoGroup's CEO Terje Mjos said.

Bankarnas Automatbolag was set up by Danske Bank (CPH:DANSKE), Svenska Handelsbanken AB (STO:SHB A), Nordea Bank AB (STO:NDA), Skandinaviska Enskilda Banken (STO:SEB ?), or SEB and Swedbank AB (STO:SWEDA) to manage the banks' ATMs.

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Publication:Internet Business News
Date:Feb 1, 2011
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