2007-06-26 Qbranch signs outsourcing agreement worth MSEK 100


Qbranch has signed a five year outsourcing agreement with Praktikertjänst, the largest group within private entrepreneurial dental care and health care in Sweden. Qbranch will be responsible for Praktikertjänst’s IT-operation and user support. The five year agreement is worth approximately MSEK 100.

The agreement will create conditions for Praktikertjänst and Qbranch to develop and make IT-support more efficient for the group’s businesses. Qbranch’s mission incorporates operation of business applications, networks and 180 servers, helpdesk and support services to 12 400 users.

“Qbranch is one of Novestra’s largest strategic holdings and we are of course happy about the continued positive development of the company. We hope that Qbranch will be able to show a faster growth rate this year compared to last year, and agreements like this one will certainly increase the possibilities for continued strong growth. Generally we have had a positive development in most of our portfolio companies during the spring, and we expect that development to continue during the remainder of the year” says Johan Heijbel, Managing Director of Novestra.

For further information please contact Johan Heijbel, Managing Director, AB Novestra, telephone no. +46 8 545 01750.

About AB Novestra
Novestra is an independent investment company with a portfolio of investments in a number of privately held growth companies including Diino AB, Explorica, Inc., MyPublisher, Inc., Netsurvey AB, Qbranch AB and Strax Holdings, Inc.

The Novestra shares are listed on the OMX Nordic Exchange Stockholm. For further information regarding AB Novestra, reference is made to www.novestra.com

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