Company Logo Friday, October 11, 2002

Software Innovation receives key contract from Fluor Corp

Oslo - November 10, 2002 - Software Innovation ASA (OSE:SOI), together with Software Innovation Inc., has secured an important contract with Fluor Corporation (NYSE: FLR), one of the world’s largest engineering companies. The contract encompasses document management components and reflects Fluor’s decision to select ProArc as its Global Reference System for document management.

Fluor is expanding its use of Software Innovation technology through a global license for all of Fluor Corporation. The solution incorporates Software Innovation’s EDMS, tailored to meet Fluor’s specific requirements. When completely rolled out, the solution will be available to thousands of users in hundreds of concurrent projects worldwide.

“With nearly 20 years’ experience in document management solutions, we can point to several successful deliveries to other enterprises in the oil & gas and engineering industry,” says CEO Per Kveim of Software Innovation ASA. “This agreement is of strategic importance for Software Innovation and will open up additional opportunities for SI in the North American oil & gas, engineering and related industries. We have already registered considerable interest in the Fluor project,” says Kveim.

Fluor provides services on a global basis in the fields of engineering, procurement, construction, operations, maintenance and project management. Headquartered in Aliso Viejo, Calif., Fluor is a Fortune 500 company with revenues of $9 billion in fiscal year 2001.

Software Innovation is a leading software and consulting company in the Nordic countries in the area of mission-critical systems that support customer-related processes (CRM), document flow and workflow (document management), and mission-critical reporting and analysis (business intelligence and data warehousing). All solutions are designed to allow communication via internal or external Web portals and support for all communication channels. Software Innovation’s objective is to help our customers to develop effective business processes that support their value creation and growth.

linkback: http://www.softinn.com/news_pr_2002_11_10.asp

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