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Generic Signs Agreement with FMV Through NESP

March 15, 2013

Network Enabling System Partner (NESP) has entered into a framework agreement with FMV (the Swedish Defense Materiel Administration) regarding system development and lifecycle support for the Swedish Armed Forces’ Command and Control System (FMLS TS). NESP is owned in equal parts by CGI, Generic, BnearIT, Peter Johnsson IT-konsult, and Centric Labs. The new agreement covers three years with the option to extend for an additional two plus two years. The value of the deal is estimated at approximately 350 million Swedish kronor.

See the attached PDF

Phone: 08-601 38 00 Email: fredrik.svedberg@generic.se

Generic Sweden AB (publ) operates in the consulting and telecommunications sectors, focusing on critical communications in areas where extremely high reliability is required. The consulting division provides services and solutions for command and communication systems to the defense sector, government agencies, and industry. The telecommunications division is a specialized telecom operator that operates its own radio network and offers messaging services for critical situations under the Minicall and Messit brands. The Group had revenue of SEK 134 million in 2011 and has approximately 90 employees. The stock is traded on NASDAQ OMX First North Premier under the ticker symbol GENI. For more information, visit generic.se.

Attachments
Press Release NESP March 14, 2013

NESP Press Release, March 14, 2013
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