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CANCOM SE (FRA:COK) CANCOM SE: CANCOM secures attractive framework agreement with EU institution eu-LISA

Transparency directive : regulatory news

03/03/2021 08:00

DGAP-News: CANCOM SE / Key word(s): Miscellaneous/Alliance
CANCOM SE: CANCOM secures attractive framework agreement with EU institution eu-LISA

03.03.2021 / 08:00
The issuer is solely responsible for the content of this announcement.


- The IT service provider records very positive order development in the public sector segment
- The EU project is the next milestone in CANCOM's ambitious growth plans in the public sector
- The maximum total value is around 440 million euros with a maximum term of six years

Munich, Germany, 3 March 2021 - Already in the first weeks of the year, the CANCOM Group was able to win a major project in the Public Solutions business unit, further accelerating its international growth in the public sector. The client is the EU institution eu-LISA with a major project worth a total of around 440 million euros and a maximum term of six years.

As part of the international ecos consortium, the CANCOM Group has won an attractive framework contract with the EU institution eu-LISA. eu-LISA is the European Union's agency for the operational management of large-scale IT systems in the area of freedom, security and justice. It is responsible for the management of large-scale IT systems and thus plays a key role in supporting the implementation of EU strategies for justice and home affairs. In this role, it aims to make Europe more secure through the use of technology. For example, eu-LISA ensures freedom of travel within Europe without compromising security.

"We are looking forward to this major international project, which is one of the largest data center projects in the EU. It will help accelerate our growth plans in the public sector, not only financially, but also in terms of the added value we can offer our customers," said Rudolf Hotter, CEO of CANCOM.

eu-LISA has set itself very ambitious strategic goals for the coming years: on the one hand, the institution wants to continue growing as a contributor and implementation partner for the EU in the relevant areas of freedom, security and justice; on the other hand, it wants to expand its role as an ICT competence center and service provider. Based on this strategy, ecos, which was founded by everis, CANCOM, OTE and Sopra Steria, will support eu-LISA in the development and provision of an infrastructure platform. This will provide services that can be used for all current and future business systems.

The framework agreement has a maximum term of six years. CANCOM was selected for its expertise in infrastructure services and will provide server, storage & networking components and hardware equipment. In addition, CANCOM technical architects will work closely with the ecos team to design, test and deploy all stack infrastructure solutions, including software through to virtualization. CANCOM's international focus will enable the provision of services required for the project at various locations of eu-LISA and the cooperating institution in France, Poland and Austria. The maximum total value is around 440 million euros for the consortium as a whole, with CANCOM's share amounting to 110 to 120 million euros. Currently, the necessary resources are being put in place so that activities can probably start before the end of the first quarter of 2021.

"At present, we are still in talks with a number of other public-sector customers, on the one hand at EU level, and on the other with the federal and state governments. We are looking forward to the next few months with great optimism and anticipation in the public sector business area," Hotter continues.

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About CANCOM

As a digital transformation partner, CANCOM accompanies companies into the digital future. CANCOM helps customers to reduce the complexity of their IT and to expand their business success by using state-of-the-art technology. In order to meet the IT requirements of companies, organizations and the public sector holistically, CANCOM offers tailor-made IT from A to Z from a single source.

The CANCOM Group's IT solutions offer includes consulting, implementation, services and the operation of IT systems. Customers benefit from CANCOM's extensive expertise and an integrated and innovative portfolio that covers the IT requirements of companies for successful digital transformation. As a hybrid IT integrator and service provider, the company provides a range of services and solutions that includes business solutions and managed services such as cloud computing, analytics, enterprise mobility, IT security, hosting and as-a-service offerings.

The more than 4,000 employees of the internationally active CANCOM Group worldwide and an efficient partner network ensure market presence and customer proximity in Germany, Austria, Switzerland, Belgium, Great Britain and the USA, among other countries. The CANCOM Group is managed by Rudolf Hotter (CEO) and Thomas Stark (CFO). The company's headquarters are in Munich. CANCOM generates an annual turnover of approximately EUR 1.7 billion and the parent company CANCOM SE is listed on the Frankfurt Stock Exchange in the MDAX and TecDAX (ISIN DE0005419105).

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Contact
Sebastian Bucher
Manager Investor Relations

Phone: +49 89 54054 5193
Email: sebastian.bucher@cancom.de

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Note
If you do not wish to receive information from us via e-mail, please write to ir@cancom.de.

Data protection notification
You are receiving this invitation because you are included in the CANCOM investor information e-mail distribution list. You have been included as you have indicated in the past to be informed about company news. For this reason CANCOM stores and processes personal data like name and e-mail address to be able to provide to you this service. CANCOM stores and uses this data solely to obtain information about the development of the shareholder communication and to be able to contact investors as part of the investor relations activities.

General information on the use of data by CANCOM
CANCOM will not pass on personal data obtained in the course of investor relations activities to third parties without the express consent of the person concerned. The only exception to this rule is that CANCOM receives a request for data transmission from competent authorities such as the Federal Financial Supervisory Authority.
Even after you have agreed to receive investor information from us and thus permitted CANCOM to store and use your personal data, you have the right to revoke this agreement at any time. All you need to do is send an informal message by e-mail to widerspruch@cancom.de or to ir@cancom.de
For any further information about CANCOM's privacy policy, who to contact or your individual rights as a data subject, please visit our website https://www.cancom.com/privacy-protection/



03.03.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: CANCOM SE
Erika-Mann-Straße 69
80636 Munich
Germany
Phone: +49-(0)89/54054-0
Fax: +49-(0)89/54054-5119
E-mail: info@cancom.de
Internet: http://www.cancom.de
ISIN: DE0005419105
WKN: 541910
Indices: MDAX, TecDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1172566

 
End of News DGAP News Service

1172566  03.03.2021 

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