Tieto Oyj : to provide City of Stockholm with next-generation IT services

The agreement is part of the City of Stockholm's ambitious vision to make Stockholm the world's smartest city by 2040. In order to achieve this goal, it is essential that the city is equipped with modern IT infrastructure and that employees have access to digital tools and services which meet their needs.

'We are pleased that we now, together with Tieto, can embark on our project to implement the next generation of IT services for the city´s administration and municipal owned companies. Modern IT services are an important part of the City of Stockholm's digitalization efforts,' says Ann Hellenius, CIO at the City of Stockholm.

'The City of Stockholm has big ambitions and focuses heavily on digitalization with many investments to build a smart and sustainable city. We're very proud to be a part of that journey and to contribute to the city´s development so that Stockholm can offer the best possible services to its employees and inhabitants,' says Cristina Petrescu, Executive Vice President, Public Healthcare and Welfare, Tieto.

Further information of the financial impacts of the agreement on Tieto is available at www.tieto.com/investors/ir-news.

For more information, please contact:

Cristina Petrescu, Executive Vice President, Public Healthcare and Welfare, Tieto
Phone: +46 70 340 07 65, cristina.petrescu@tieto.com

Kia Haring, Head of Global Communications, Tieto
phone: +358 40 765 37 00, kia.haring@tieto.com

Anette Brifalk, Head of Digital Communication Executive Office Department for Digitalization, City of Stockholm
phone: +46 76 122 95 95, anette.brifalk@stockholm.se

Tieto aims to capture the significant opportunities of the data-driven world and turn them into lifelong value for people, business and society. We aim to be customers' first choice for business renewal by combining our software and services capabilities with a strong drive for co-innovation and ecosystems. www.tieto.com