ComArch concludes EUR 2.5 million contract, and there's more to come

Cracow-based systems integrator ComArch, has concluded a EUR 2.5 million contract with 02 Germany, which is one of the largest mobile phone operators in Europe, for the implementation of a system to manage IT networks. "It is a very crucial contract, since it gives us good references and makes way for more contracts in this market," announced ComArch president, Janusz Filipiak. He did not rule out the possibility that further contracts would be signed this year. "We are negotiating deals outside the German market as well. We have gradually become interested in the quality of the contracts; we are not trying to win every minor one by all possible means," he said. If the majority of clinched deals and those to be signed shortly are realized by the end of 2003, ComArch's revenues from exports are likely to exceed 20% of the firm's sales. (Parkiet, p. 3) A.Z.