Sword Technologies S.A., a Sword Group (Euronext Paris: SWP) company, as member of the I(P)NNOVATE consortium, has signed the Software Development and Maintenance (SDAM) framework contract of the European Patent Office (EPO) with a budget of €300 million.

Sword Technologies S.A., in a consortium with Everis Spain, has competed with worldwide leading IT services providers and has subsequently been awarded a 5-year framework contract worth €300 million for the Software Development and Maintenance (SDAM) of all the European Patent Office (EPO) IT applications and systems. Sword Technologies foresees a revenue of circa €100 million for this 5-year contract.

Sword is proud to be in a position to contribute, via its services, to EPO’s vision and strategic plan for 2023, and especially EPO’s goal and corresponding key initiatives to simplify and modernise its IT systems.

said Mr. Dieter ROGIERS, Managing Director of Sword Technologies S.A.

press release