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Sparebanken Vest outsources its automated terminals to EVRY

March 5, 2014 - London

(Oslo, 5 March 2014) EVRY has entered into a five-year agreement with Sparebanken Vest for outsourcing and operating services for the bank's traditional minibanks, deposit terminals and cash recycling ATMs. This will ensure that customers of Sparebanken Vest have reliable access to cash services from automated terminals at all times, while at the same time the bank benefits from cost-effective service delivery.

"This is a further step in our focus on the bank's core operations, and a consequence of the continuing trend for cash services to represent a diminishing part of our core business. It was important for us to find a partner that could offer a broad range of support for cash services while at the same time offering competitive pricing", says Inge Ådland, CIO at Sparebanken Vest.

"This new agreement serves to confirm the excellent collaboration that EVRY has enjoyed with Sparebanken Vest over many years. EVRY currently provides services to customers that in total operate over 5,000 automated terminals in Finland, Sweden, Norway, Denmark and the UK. EVRY offers a complete services portfolio and leading-edge expertise in secure and efficient management of banks' automated terminals. This is an area of strategic focus for EVRY, and is an area where we see potential for continuing growth", comments Wiljar Nesse, Executive Vice President EVRY Financial Services business area at EVRY.

EVRY's solutions portfolio for automated terminals encompasses multivendor software, transactions processing, surveillance, technical services, cash management and reconciliation solutions, and support services.

EVRY's services in this area mean that banks no longer need to use their own technical and financial resources to operate their automated terminals. The services delivered also ensure optimal management of the cash held in a bank's terminals.

Contact persons

Wiljar Nesse, EVP EVRY Financial Services. Tel: +47 934 48 116
Geir Remman, VP Corporate Communications, EVRY. Tel: +47 97055017

About EVRY

EVRY is one of the leading IT companies in the Nordic countries, with a strong local and regional presence in 50 Nordic towns and cities. Through its knowledge, solutions and technology, EVRY contributes to the development of the information society of the future, and so creates value for the benefit of its customers and for society as a whole. EVRY combines in-depth industry knowledge and technological expertise with a local delivery model and international strength.

EVRY has some 10,000 employees, and the company is committed to demonstrating that Nordic customers are best served by a supplier that understands Nordic business from the inside. EVRY reports annual turnover approaching NOK 13 billion. The company is listed on the Oslo Stock Exchange and operates from headquarters at Fornebu in Bærum, with major activities in both the Norwegian and Swedish markets.

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: EVRY via Globenewswire



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