Prokom wins TPSA tender to develop accounting system
State-owned telecom company Telekomunikacja Polska S.A. (TPSA) has signed a
contract worth zl. 270 million with Prokom Software for the development of a
new computer accounting program. Last year, Prokom was also successful in
winning two contracts with TPSA worth zl. 259 million. In fact, Prokom has
been doing work for TPSA since 1993 when it developed an accounting system
and checked TPSA's software for the Y2K problem. According to daily Prawo i
Gospodarka no further deals are being planned as Prokom focuses on
fulfilling its current contracts with TPSA. Edyta Zielinska from PKO BP
brokerage house said, "The fact that TPSA is introducing this system is
quite normal." She added, "The rise in Prokom Software share price and the
new contract are closely related." (Prawo i Gospodarka, page 14) J.K.