HiQ Signs Framework Agreement with Vagverket Produktion and Heads a Project to Develop an E-commerce Solution


STOCKHOLM, Sweden, June 19, 2002 (PRIMEZONE) -- The IT and management consultancy, HiQ, has signed a framework agreement with Vagverket Produktion. Under the agreement, HiQ will offer IT consulting services, such as strategic advice and project management.

Vagverket Produktion is active in the road building and construction markets and offers overall solutions for operation, service, maintenance and construction.

In the spring, Sverigelagret, a unit within Vagverket Produktion, decided to start a project for the launch of internal e-commerce and the digitalisation of its product catalogue. Within the framework of the agreement, HiQ will run the entire project from start to launch.

"HiQ will have overall responsibility for the project and will work with such things as requirement specifications, procurement support, integration with a back-end system and acceptance tests," said Patrik Boman, Managing Director of HiQ Stockholm.

Launch of the service is planned for the end of 2002.

"With our strong position in communication and simulation technology, we are able to use our expertise in several IT-intensive areas, such the industrial sector. From HiQ's perspective, companies in this sector have many things in common with the telecoms sector. The basic program development is similar, the language is the same but the applications are different, and the same kind of technical skills are required to develop large software systems," said Lars Stugemo, CEO of HiQ.


For more information, please contact: Patrik Boman, MD HiQ Stockholm,
tel: +46 8 588 90 000

Lars Stugemo President and CEO HiQ International, tel.: +46 8 588 90 000

Anna Svensson CIO HiQ International, tel.: +46 704 200 103

HiQ is an IT and management consultancy that focuses on high-tech solutions in the fields of communication and simulation technology. The company is a leader in these fields and the Nordic region is its domestic market. HiQ employs around 480 people at offices in Sweden, Finland, Denmark and Norway. HiQ is listed on Stockholmsborsen. For more information, please visit www.hiq.se.

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