Borsa Italiana Chooses OM To Power Idem - The Italian Derivatives Market

Borsa Italiana has signed an agreement with OM as IT partner and systems provider for its Derivatives Market Idem. OM will deliver its CLICK Exchange system by the end of 2001. The contract covers license, delivery project and support over 5 years for the CLICK Exchange system. In addition to the contract for a new system, Borsa Italiana has also contracted OM for continued support of the existing Derivatives Market system. The total order value is expected to exceed 115 MSEK.

We are delighted that Borsa Italiana has once again chosen OM as an IT partner. This achievement strengthens our position in Italy and Europe and shows OM's ability to further deepen the relations with the leading European Exchanges. OM is establishing itself as a successful global player with world-leading technology and world-leading clients, said Magnus Karlsson Böcker, President of OM's Technology Division.

OM is a leading provider of application software to the financial services and energy industries with over 100 customers in 20 countries worldwide. OM has operations in 11 countries. OM is listed on the Stockholmsbörsen. For further information about OM, please visit www.om.com.