Teleca Renews General Agreement with Ericsson


MALMO, Sweden, May 22, 2002 (PRIMEZONE) -- Teleca has renewed its general agreement with Ericsson within the areas Research and Development and IS/IT. The agreement, which runs for one year, gives all Ericsson companies access to Teleca's total expertise of consulting services, outsourcing and software development. The assignments will cover various projects such as product development for mobile systems and terminals as well as development of Ericsson's internal systems.

"We are very pleased to extend our long-term relation with Ericsson. As an international consulting company Teleca see great opportunities to increase the co-operation between the companies," said Anders Cedervall, Executive Vice President at Teleca. "The recent outsourcing agreement in France is a good example of how the international co-operation is growing."


For more information, please contact:  Patrik Strandus, Global Account 
Manager Ericsson, Teleca AB, +46-703-79 10 60  Anders Cedervall,
Executive Vice President Teleca AB, +46-46-32 70 20,
+46-705-33 03 30 (mobile)

About Teleca

Teleca is one of Europe's leading consulting companies in new technology and R&D. Our business concept is to strengthen our customer's market position and time-to-market. This is achieved by providing professional teams with specialist technical expertise to work in partnership with development- intensive companies all over the world. The Group has more than 2,200 employees in 13 countries. It occupies a strong position in the Nordic countries, the UK and France. Teleca is listed on Stockholmsbrsen's Attract40. www.teleca.com

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