Ster-Projekt to use Telmax to win energy sector contracts

It is possible that even today both companies might sign an agreement to give Ster-Projekt's exclusive negotiation rights to purchase a 30% share in Telmax, with an option to further increase this stake. Telmax would supplement Ster-Projekt's offer for the energy sector, especially with regard to billing systems, which is a key need for energy sector clients. Competition in this field is very fierce, particularly from Comarch, Wasko, Spin, as well as ComputerLand. The latter recorded revenues of zł. 70 million from the energy sector in 2003, against zł. 30 million in 2002. Ster-Projekt will also soon sign a contract to supply the police with a road traffic reporting system, called Raport. The estimated value of this deal amounts to zł. 24 million and the costs are to be covered by insurance company PZU, as it is aimed at facilitating the recording of road accidents and limiting fraudulent claims. (Puls Biznesu, pp. 1, 9) M.M.