3L System Group AB
3L Media strengthens its position as the leading supplier of systems for guiding media and Yellow Pages
3L System Group AB / 11.11.2009 Dissemination of a Adhoc News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- 3L Media strengthens its position as the leading supplier of systems for guiding media and Yellow Pages 3L System AB's (publ.) (OMX First North) business area 3L Media has entered an agreement with a leading European group of companies in the field of guiding media and Yellow Pages. The agreement covers 3L Media's product CORE - the latest generation of business systems for guiding media and the Yellow Pages industry, which is now being implemented in one of the group's countries. The deal value is estimated at approximately 12 MSEK over the next twelve-month period. The implementation project has already been initiated and is expected to be completed during the fall of 2010. The order means that some 40 existing systems will be replaced by 3L Media's CORE business system. CORE won the tender in large part thanks to 3L's long-term work to support the media industry's transition, especially from printed to digital media. CORE's ability to support most internal functions for companies in guiding media and Yellow Pages, such as company management, sales, production, finance etc., improves process efficiency and supports the rapid rate of change in the industry. 'Even though 3L Media has customers in both the US and Asia using our new generation media system, CORE, we view this European order as a crucial step in consolidating 3L Media as the leading supplier in the segment,' says Johan Rosenlind, Business Area Manager at 3L Media. Our systems constitute the heart of the customer's sales, customer management and both print and digital production. Next generation media system The media industry within guiding media and Yellow Pages is experiencing rapid change and faces great challenges today. Efficiency and the capacity for rapid change in sales, customer management, data management, information flows, product launches and production are crucial. 3L System has delivered systems to the media industry for almost 20 years, and, with the next product generation; CORE, it has positioned itself as our customers' most important partner in accomplishing their strategies. For more information, contact: Johan Rosenlind, Business Area Manager 3L Media, 3L System Group AB, +46 70 4544 000 For more details see enclosed pdf. News Source: NASDAQ OMX 11.11.2009 Financial News distributed by DGAP. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: 3L System Group AB Sweden Phone: Fax: E-mail: Internet: ISIN: SE0000494072 WKN: End of News DGAP News-Service ---------------------------------------------------------------------------
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