VOLV AB Volvo (MM)

Regulatory News: Volvo IT and business system supplier IBS have signed an agreement making it possible for IBS' customers to allow Volvo IT responsibility for operating their business systems. The partnership means that operational services from Volvo IT (NASDAQ:VOLV) (STO:VOLVA) (STO:VOLVB) are included in IBS' complete solution including software, consultancy services, infrastructure, operation, maintenance and financing. "This benefits all parties. IBS can provide a complete solution to its customers, while we increase volumes at our computer centre, making IT operations more cost-effective for all our customers," says Olle Hogblom, Vice President Global Marketing and Sales at Volvo IT. "With Volvo IT as a partner, IBS can offer the market a unique solution - global as well as local - that delivers operations management and flexible capacity services," says P-A Freiholtz, Vice President IBS Nordics. Volvo IT has one of the Nordic region's largest IT operations, located in Goteborg and manned around the clock, throughout the year. The operational organisation is global with customers around the world. September 3, 2008 This information was brought to you by Cision http://newsroom.cision.com Volvo Information Technology AB is part of the Volvo Group and is a wholly owned subsidiary of AB Volvo. Volvo IT supplies industrial IT solutions, telematics services and consulting services. Its customers include the Volvo Group, Ford-owned Volvo Car Corporation and companies in other industrial sectors. In 2007, Volvo IT's global operations generated a turnover of SEK 7.5 billion and the company had around 5,000 employees and 1,900 contracted consultants in Europe, North America, South America, Australia, Africa and Asia. Regulatory News: Volvo IT and business system supplier IBS have signed an agreement making it possible for IBS� customers to allow Volvo IT responsibility for operating their business systems. The partnership means that operational services from Volvo IT (NASDAQ:VOLV) (STO:VOLVA) (STO:VOLVB) are included in IBS� complete solution including software, consultancy services, infrastructure, operation, maintenance and financing. �This benefits all parties. IBS can provide a complete solution to its customers, while we increase volumes at our computer centre, making IT operations more cost-effective for all our customers,� says Olle H�gblom, Vice President Global Marketing and Sales at Volvo IT. �With Volvo IT as a partner, IBS can offer the market a unique solution - global as well as local - that delivers operations management and flexible capacity services,� says P-A Freiholtz, Vice President IBS Nordics. Volvo IT has one of the Nordic region�s largest IT operations, located in G�teborg and manned around the clock, throughout the year. The operational organisation is global with customers around the world. September 3, 2008 This information was brought to you by Cision http://newsroom.cision.com Volvo Information Technology AB is part of the Volvo Group and is a wholly owned subsidiary of AB Volvo. Volvo IT supplies industrial IT solutions, telematics services and consulting services. Its customers include the Volvo Group, Ford-owned Volvo Car Corporation and companies in other industrial sectors. In 2007, Volvo IT's global operations generated a turnover of SEK 7.5 billion and the company had around 5,000 employees and 1,900 contracted consultants in Europe, North America, South America, Australia, Africa and Asia.