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Det Norske Veritas selects Contiki ECM

Oslo/Høvik –  May 10th 2007 – CMA Contiki has been awarded a contract by Det Norske Veritas (DNV) to provide a software solution to manage Contract Management processes for DNV’s IT Solutions division.

The software, Contiki Enterprise Contract Management Suite, will provide DNV IT Solutions with visibility into contracts, terms, and commitments across their global operations, in addition to insight and control of processes that occur before and after contracts are created and signed.

Visibility and compliance are key drivers, complete with a documented audit trail in a secure environment, explains Christian Hjorth-Johansen, Sales and Marketing Manager at CMA Contiki

Tom Thomsen, Head of Section - Business Services, DNV IT Solutions, states, “We believe that Contiki ECM 6 will be an instrumental tool in assisting us to more effectively manage and support our existing and new ITS contracts worldwide. We are looking forward to a successful long term relationship with CMA Contiki.”

Det Norske Veritas (DNV) is an independent foundation with the objectives of safeguarding life, property and the environment. DNV’s core competence is in identifying, assessing and advising on how to manage risk. Headquartered in Oslo, Norway, DNV has worked internationally since 1867 and has established approximately 300 offices in 100 different countries. DNV IT Solutions provides infrastructure and application services to the business areas and corporate units within Det Norske Veritas. http://www.dnv.com/

About CMA Contiki

Established in 1989, CMA Contiki is the world’s leading Enterprise Contract Management (ECM) software vendor serving the Oil & Gas/Energy industry. Contiki ECM software supports the negotiation process - from analysis to decision. It comprises design of workflow, an experience archive, a library of standard templates for negotiations and contracts, reminders, process plans, including management of ongoing negotiations, advanced search function, analysis functions, among other features. The Contiki ECM application has been installed in more than 20 countries for more than 40 enterprises (more than 80 installations) in the following industries: Oil & Gas, Energy & Utilities, Finance, Engineering, Service and Public sector.

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