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SWORD Group (0MN5)

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Thursday 10 April, 2014

SWORD Group

Sword Group: European Commission's Directorate-...

Sword Group: European Commission's Directorate-General for Research and Innovation awards to the Centaur² consortium. Backlog Growth: €7M

European Commission's Directorate-General for Research and Innovation awards to the Centaur² consortium, composed of Sword Technologies, Intrasoft International and Arns Developments, the ISS-Horizon 2020 Lot 2 Framework Contract, for a total value of 21.9 million EUR

 Backlog Growth: €7 M

Luxembourg - April 10, 2014

The Centaur2 consortium, of which Sword Technologies is a member, has been awarded the ISS-Horizon 2020 "External services provision of development, studies and support of information systems - Lot 2: IS off-site development projects" framework contract with the European Commission (Directorate General for Research and Innovation - DG RTD) with a value of €21.9 million.

This framework contract will be executed through fixed price or quoted time & means services related to software development, implementation and maintenance, and it spans to a 4-year duration.

The ISS-Horizon 2020 is the single most important framework contract of DG RTD and concerns the IS services that will support the processes and tools implementing Horizon 2020, the European Commission's €80 billion Framework Programme to fund scientific research across the European Union for 2014-2020.

Sword Group is honoured to be playing an active role in assisting the European Commission reach the objectives of Horizon 2020 on creating jobs, boosting growth and addressing the long-term concerns facing EU citizens, and also strengthen the Union's global position in Research Development and Innovation.

About Directorate-General Research and Innovation (DG RTD)

The Directorate-General for Research and Innovation's mission is to develop and implement the European research and innovation policy with a view to achieving the goals of Europe 2020 and the Innovation Union.

About Horizon 2020

Horizon 2020 is the biggest EU Research and Innovation programme ever with nearly €80 billion of funding available over 7 years (2014 to 2020) - in addition to the private investment that this money will attract. It promises more breakthroughs, discoveries and world-firsts by taking great ideas from the lab to the market.

About Sword Group

The Sword Group (http://www.sword-group.com) is a specialised IT Services and Software company. Sword Group provides its clients with high added-value services and products and delivers high value business applications to the world's largest companies globally. With operations in eighteen (18) countries, the Group today employs 1,236 people and generates more than €125 million EUR in proforma revenue.

With its Information Systems oriented approach that integrates high-performing project management methods, Sword tailors its know-how to provide innovative solutions that meet the strategic challenges of its clients and the adaptation demands of their information systems.

Investor Relations
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Sword Group
1,236 staff (01/01/2014)
Euronext Paris - Compartment C
ISIN Code: FR0004180578
ICB : 9530 Software & Computer Services
Indices CAC® Small
CAC® Mid & Small
CAC® All-Tradable
CAC® All-Share




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Source: SWORD Group via Globenewswire

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