Tieto to supply EDI Transaction services to EMIX's customers

Tieto Corporation         PRESS RELEASE         19 December 2011 at 10.00 am EET

Swedenergy (Svensk Energi) and Energy Market Information Exchange (EMIX) have selected Tieto as partner to deliver Electronic Data Interchange (EDI) transactions services to EMIX's customers in Sweden. For the customers this means a more cost efficient service delivery and a strategic co-operation to meet future market requirements.

EMIX AB is jointly owned and financed by Swedish utility companies. Currently EMIX delivers EDI transaction services to more than 140 utility customers in Sweden. Following the new agreements, Tieto will supply transaction services to EMIX's customers.

Currently Vattenfall, E.ON, Fortum and Göteborg Energi use Tieto´s transaction services. Now also EMIX customers connected to the new service will get the benefit of lower operational costs and sharing of future development.

As the selected strategic development partner Tieto's intention is to support customers in the transformation to a Nordic Common Retail market. More value added services will be offered to support utility processes for meter data management, billing, customer management and financial clearing between market actors.

"Tieto has showed visionary thinking and professionalism as an industry actor in the development of the new service. We are pleased that EMIX has decided to co-operate with Tieto in this development", says Peter Strannegård, Head of Customer Services, IT and Process Development, Fortum.

"EMIX has contributed greatly to an improvement in intercompany data quality in the Utility market. Now it's time for a new phase where we believe that market driven service HUBs are positive for innovation and price development," says Kjell Jansson, CEO of Swedenergy (owner of EMIX).

"We are pleased that Swedenergy and utility customers in the Swedish market are showing confidence in Tieto´s capabilities to help them meet the future market requirements. Our aim is to supply value added services to the Swedish utility companies based on the cost efficiency of Tieto's EDI transaction service. Tieto is very experienced in this field, we handled 763 million electronic B2B transactions globally during 2010", says Mikael Nomelli, Tieto.

For further information, please contact:
Mikael Normelli, Customer Manager, Tieto, mikael.normelli@tieto.com , +46 768 097 539
Kjell Jansson, CEO Swedenergy, kjell.jansson@svenskenergi.se, +46 705 848 481
Peter Strannegård, Head of Customer Services, IT and Process Development, Fortum,
Peter.Strannegard@fortum.com, +46 702 886 604

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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 are close to our customers and understand their unique needs. With about 18 000 experts, we aim to become a leading service integrator creating the best service experience in IT. www.tieto.com