IBM Extends Outsourcing Services Agreement

* Reuters is not responsible for the content in this press release.

Thu Jun 19, 2008 10:00am EDT 

  STOCKHOLM, SWEDEN, Jun 19 (MARKET WIRE) -- 
IBM (NYSE: IBM) today announced it has signed a global five-year IT
Services contract with Ericsson. IBM will manage application maintenance,
development and operation for Ericsson, extending an existing contract
signed in 2003.

    "During the last five years IBM has delivered IT services to Ericsson and
we are delighted to continue this relationship and to further strengthen
our position in the outsourcing market," says Lars Stanghed, Managing
Director to the Global Client Ericsson and Chairman of IBM Sweden.

    The new agreement was signed on June 19, 2008.

    About IBM

    For more information visit, www.ibm.com/services.

    

Contact information:
Carina Ginstmark
IBM Media Relations
carina.ginstmark@se.ibm.com
+46 70 793 48 89

Jenna Gable
IBM Media Relations
gablej@us.ibm.com
917-472-3512

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