Eastern European Markets
October12, 2006

AffectoGenimap has signed two new contracts for project deliveries in Lithuania

AffectoGenimap's Baltic subsidiary, UAB Informacines Technologijos ("ITG"), will develop the information systems of the Vilnius Municipality. The project scope includes applying Oracle e-Business Suite and installing ITG's own HR & Payroll functionalities. The project will take approx. 13 months and the value is approx. 1.2 MEUR.

ITG will also develop the information systems of the Lithuanian Social Insurance Institution (SODRA) together with UAB Etnomedijos Intercentras. The consortium will develop and implement e-Forms and e-Signature functionalities for SODRA's e-Services system. The project will take some 15 months and the total revenue value is approx. 1.4 MEUR, of which ITG's part is approx. 0.5 MEUR.

"The new projects show our strong market position in Lithuania for developing demanding solution to our customers. We have been a long-term supplier for SODRA and we welcome Vilnius Municipality as our customer", comments Kestutis Uzpalis, the director of AffectoGenimap's Baltic operations.

For further information
Director of Baltic operations, Kestutis Uzpalis, Tel. +370 5 212 3712

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