Tieto Corporation         PRESS RELEASE         9 January 2013 at 10.00 am EET

Tieto and Danske Bank have agreed to co-operate in sales of electronic invoicing service solutions. In addition to electronic invoicing, the collaboration covers invoice printing, scanning, archiving and presentation services.

The jointly marketed service is targeted at large Tieto and Danske Bank customers. In practice, the collaboration means an opportunity to easily access a standardized and comprehensive invoicing service for both Tieto and Danske Bank customers, which includes corporate invoicing and e-invoice services for consumers. If necessary, a solution that brings added value, built using predetermined service packages, can be produced to fulfil the customer's special requirements.

The signed agreement makes serving Tieto and Danske Bank online invoice customers more efficient especially in Finland and the other Nordic countries. The service can be expanded globally as online and e-invoices and other electronic transmission services expand, because the partners' operational processes are described in detail and the functionality of the partnership and the responsibilities of the parties have been ensured.

This way the customer company receives a functional online invoicing transmission chain with a single contract.

"Danske Bank is constantly and actively seeking better comprehensive solutions to support improvements to the efficiency of its customers' value chain," says Director Matti Villikka from Danske Bank.

The Tieto Sales Director, Nina Lukkari, says that the company has engaged in long-term collaboration with Danske Bank.

"We have sought the best possible way to approach our customers with a comprehensive range of services. I am happy that now we can deepen our partnership even further and together with Danske Bank offer our customers the best possible extensive and easily adoptable online invoicing service."

For further information, please contact:
Harri Korhonen, Channel Sales & Partner Manager, Tieto Finland Oy, Value Networks, tel. +35840 867 4580, harri.korhonen (at) tieto.com
Nina Lukkari, Sales Director, Tieto Finland Oy, Value Networks, tel. +358 400 485 695, nina.lukkari (at) tieto.com
Matti Villikka, Danske Bank, tel. +358 50 423 5303 matti.villikka (at) danskebank.fi

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Tieto is the leading IT service company in Northern Europe providing IT and product engineering services. Our highly specialized IT solutions and services, complemented by a strong technology platform, create tangible business benefits for our local and global customers. As a trusted transformation partner, we work closely with our customers and understand their unique needs. With approximately 18 000 experts, we aim to become a leading service integrator creating the best service experience in IT. www.tieto.com

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