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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.

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