Friday, December 19, 2008

Swedish IT consulting company Modul 1 Data AB wins consulting contract from ICA AB

Swedish IT consulting company Modul 1 Data AB (OMX Stockholm:MOD1) announced on Thursday (18 December) that it has landed a one-year framework contract from the Swedish retail chain ICA AB.

The contract, which can be extended, covers IT consulting services.

The value of the framework contract was not disclosed.

Modul 1 Data, headquartered in Stockholm, Sweden, provides IT consulting services to large and mid sized enterprises and organisations within banking and finance and the public sector. The company has 160 employees and reported sales of SEK285m in 2007.

One British pound (GBP) is worth approximately 12.38 Swedish kronor (SEK).

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