TietoEnator and Pen-Sam Holding have signed a Letter of intent for entering an outsourcing agreement in Denmark. Pen-Sam Holding concentrates on supplying pension schemes and supplementary insurance and banking products.
The planned outsourcing agreement will provide services to Pen-Sam Holding and subsidiaries in the areas of Operations Management and Application Management, primarily based on Unix and Ingres technologies
The agreement is planned to be signed in December 2004. TietoEnator A/S in Denmark will employ 27 people of Pen-Sam's current IT staff. Service delivery is expected to start immediately after the agreement is signed.