Brief: Innofactor Signs Agreement With Traficom

Innofactor Oyj

15/02/2019 12:33

Feb 15 (Reuters) - Innofactor Plc  IFA1V.HE :
    * REG-TRAFICOM SELECTS (SELECTED) INNOFACTOR AS THE PARTNER
FOR
DEVELOPMENT AND MAINTENANCE OF ITS DIGITAL SERVICES PLATFORM
(VISA)
    * ESTIMATED CONTRACT TERM IS 5-7 YEARS AND ESTIMATED TOTAL
VALUE
(EXCLUDING VAT) STATED BY CUSTOMER IN PROCUREMENT DECISION IS
EUR 5 MILLION
    * TERM OF CONTRACT IS PLANNED TO START IN SPRING 2019 AND TO
CONTINUE UNTIL FURTHER NOTICE AFTER FIXED TERM OF ONE YEAR HAS
ENDED
    * DECISION WILL BE LEGALLY VALID AFTER APPEAL PERIOD DEFINED
IN
PROCUREMENT ACT HAS PASSED.

Source text for Eikon:  ID:nGNE6PSG4W 
Further company coverage:  IFA1V.HE 

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