Peregrine Appoints TietoEnator as Strategic Managed Service Provider


ESPOO, Finland, Feb. 22, 2002 (PRIMEZONE) - TietoEnator's Processing & Network has concluded a Managed Service Provider (MSP) agreement with Peregrine Systems, an American software company specialized in infrastructure management. The agreement, which applies to the whole Business Area, enables TietoEnator to offer Peregrine software solutions within its own outsourcing services.

The agreement covers asset and inventory management solutions, which enable real-time collection and maintenance of data on a company's IT assets, and management of these assets throughout their lifetime. Identification, management and control of IT assets, and lifecycle monitoring of the entire IT infrastructure will assume considerably greater importance for businesses in the future.

The IT supplier of outsourcing services already has a strong base of customers for whom Peregrine can offer added value through efficient use of the IT infrastructure. TietoEnator is a major actor in the Nordic markets and well suited to be our partner, said Partner Sales Manager Sinikka Semenoja of Peregrine.

According to the leading research companies asset management will emerge as a top priority for the companies IT-departments in the next two-three years as they develop their processes. TietoEnator wishes to be among those able to offer this service to its customers. We believe that our customers can achieve very substantial savings using the service, commented Director Hannu Vetola of TietoEnator Processing & Network.

With more than 10,000 employees and annual net sales of EUR 1.1 billion, TietoEnator is a leading supplier of high value-added IT services in Europe. TietoEnator specializes in consulting, building and hosting its customers' business operations in the digital economy. The Group's services are based on a combination of deep industry-specific expertise and latest information technology. www.tietoenator.com

Peregrine Systems (Nasdaq:PRGN) is a leading producer of Infrastructure Resource Management (IRM), Employee Relationship Management (ERM) and Business Relationship Management (BRM) software solutions for resource management in companies. The parent company was established in 1981 and listed on the NASDAQ in 1997. The Group has more than 4000 employees in 100 offices around the world. Peregrine Systems has operated in the Nordic countries since 1997. www.peregrine.com

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