Tieto Oyj : Tieto signs outsourcing agreement with Stampen

Tieto Corporation     PRESS RELEASE  26 January 2012 at 2.00 pm EET

Media group Stampen, Sweden, has decided to outsource a large part of its IT operations to Tieto. The agreement runs over five years and includes a consolidation of Stampen's IT environment into Tieto's data centre, operation of business-critical systems and the introduction of a new workplace concept for around 2 500 employees. In addition, around 30 Stampen employees will be transferred to Tieto. The five-year agreement corresponds to an order value of approximately EUR 21.5 million.

Stampen's business places stringent demands on availability, covering newspaper production, digital media and an extensive printing operation. In addition to providing infrastructure services, Tieto will also assume operational responsibility for most of the business critical systems.

"We chose Tieto because they showed us that they are a flexible partner that can provide cost-effective and scalable solutions, essential for any future international expansion. They also have a proven track record in media and understand trends in the industry, which is important to us given the challenges the sector is facing," says Inge Olausson, CIO of Stampen.

The agreement with Tieto will give Stampen access to the very latest technology, as well as a standardised and consolidated IT environment. The transition over to the new IT environment will be completed before the end of the year.

"We're delighted and proud to have been given this opportunity to work with Stampen. The biggest benefit for Stampen will be that they get access to services that are the best practice in the media industry, as well as a solution that offers cost optimization due to Tieto's economies of scale. The agreement with Stampen, along with the deal we recently announced with MTG, shows that Tieto's focus on the media industry in Sweden is now starting to bear fruit," says Mats Jadesköld, Vice President of Telecom & Media at Tieto.

For further information, please contact:
Mats Jadesköld, Vice President of Telecom & Media, Tieto Sweden,
tel. [phone], mats.jadeskold(at)tieto.com
Inge Olausson, CIO, Stampen, tel. [phone], inge.olausson(at)stampen.com

TIETO CORPORATION

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Tieto is the leading IT service company in Northern Europe providing IT and product engineering services. Our highly specialized IT solutions and services complemented by a strong technology platform create tangible business benefits for our local and global customers. As a trusted transformation partner, we are close to our customers and understand their unique needs. With about 18 000 experts, we aim to become a leading service integrator creating the best service experience in IT.

The Stampen Group is a rapidly growing media group and currently the largest owner of newspapers in Sweden. Digital media, printing houses, distribution companies and free papers are other business areas in the group. The turnover of Stampen is close to SEK 6 billion.