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Indre v?rdi pr. 26/11 2009 er 53,8 kr. pr. aktie

Tieto Corporation Press Release 26 November 2009 at 2.00 pm EET
Tieto has conducted a study prior to implementation of a mission-critical supply chain solution for Korsnäs AB, cartonboard and paper producer. The study is focused on the areas customer order management, warehouse management, customer invoicing and transportation cost management.

The study is based in part on Tieto’s extensive experience in sales order management and production planning. Trading Science has employed their in-depth knowledge in the areas of demand and capacity planning in partnership with Tieto to complement the logistics and operations services and software products to be supplied by Tieto. The prime goal of the study is to deliver a roadmap for implementation of a best-of-breed, integrated, supply chain solution that accurately models the paper industry. Once the solution is in place, Korsnäs will be able to better service and support its customers while improving its internal efficiency.

Tieto is a leading global provider of IT solutions to the pulp, paper, paperboard, packaging and tissue industries. Tieto’s core expertise and proven solutions offer unmatched value for Korsnäs’ operations. Tieto’s solutions are used by more than 450 pulp and paper mills worldwide.

“Korsnäs’ decision to award Tieto the study for this strategic solution is a further recognition of our leading position in this field of practice. It definitely strengthens our position in the Swedish marketplace,” says Lars-Göran Envall, Sales Manager at Tieto Sweden AB, Forest.

The solution that will be implemented at Korsnäs is an integrated component of Tieto’s forest industry-specific solution, Tieto Integrated Paper Solution (TIPS). TIPS provides world-class, proven support for supply chain logistics and operations management. TIPS has integrated yet independent modules for forecasting, customer order management and manufacturing execution systems modules, which cover production planning (rough planning, fine planning and paper machine trim), production and quality management (including optimisation of reelers, re-reelers, sheeters and other converting and packaging equipment), warehouse management, shipping and customer invoicing. Other business processes supported include product, real-time and transportation cost management. The applications will seamlessly integrate with I-Plan from Trading Science.

For further information, please contact:
Mats Lidström, Forest Sales, tel +46 1046 13224, text messaging +46 70 590 59 37, [email protected]

TIETO CORPORATION

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Tieto is an IT service company providing IT, R&D and consulting services. With approximately 16 000 experts, we are among the leading IT service companies in Northern Europe and the global leader in selected segments. We specialize in areas where we have the deepest understanding of our customers’ businesses and needs. Our superior customer centricity and Nordic expertise set us apart from our competitors.
www.tieto.com

Korsnäs is one of Sweden’s leading forestry companies, with three production facilities: Gävle, Frövi and Rockhammar. Production capacity amounts to 1.1 million tonnes of cartonboard and paper annually, with integrated pulp production. Korsnäs develops, manufactures and sells virgin fibre-based packaging materials intended for users with exacting requirements for efficient, creative, functional packaging solutions, primarily in the consumer goods segment. Korsnäs also produces bio fuel pellets at two plants in Latvia. The company exports approximately 90 percent of its products. Korsnäs employs 1,900 people, has annual sales of SEK 7,396 m (2008) and is a wholly-owned subsidiary of Investment Kinnevik AB.

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