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Trifork and Nine Chosen for Major IT Development Agreement

Trifork and Nine Chosen for Major IT Development Agreement

Trifork and Nine Selected for Significant IT Development Agreement

Press Release

Copenhagen - Trifork and its subsidiary Nine have been chosen as suppliers for a new IT development framework agreement with The IT and Development Agency of the Danish Ministry of Taxation.

Trifork, together with its subsidiary Nine, has been selected as one of six suppliers for a comprehensive IT development framework agreement with The IT and Development Agency of the Danish Ministry of Taxation, also known as UFST. This agreement is noteworthy as it spans four years and includes a financial framework that could total up to 3.27 billion DKK (~440 million EUR). It involves various development and modernization initiatives that are crucial for improving UFST's extensive application portfolio.

"We are very pleased to continue and expand our strong partnership with UFST, which began in 2015 with our first service delivery. This new framework allows us to manage both small and large development projects while also ensuring the ongoing enhancement and modernization of UFST's applications, which are vital to the Danish welfare model," said Jacob Strange, the founder and CEO of Nine.

To deliver high-quality services that meet UFST's diverse needs, Nine will utilize the expertise of various companies within the Trifork Group. Additionally, strategic partnerships have been established with Emagine and Copenhagen Data.

Nine brings a wealth of experience in providing solutions to UFST, having been involved in several projects, including the development of a data exchange platform, an accounting guide designed for citizens, businesses, and the EU, as well as a property tax calculation engine for Denmark.

For further information, please contact:

Investors
Frederik Svanholm, +41 79 357 7317, frsv@trifork.com

Media
Peter Rørsgaard, +45 2042 2494, pro@trifork.com

About Trifork
Trifork is a leading technology partner committed to serving both enterprise and public sector clients. The organization employs 1,275 individuals across 72 business units in 15 countries. Trifork's primary business areas include Digital Health, FinTech, Smart Building, Smart Enterprise, Cloud Operations, and Cyber Protection. Research and development take place within Trifork Labs, which continuously invests in fostering technology companies. Trifork also owns and operates prominent software conference brands GOTO and YOW!, along with a global tech community that has garnered over 66 million online video views. Trifork Group AG is publicly traded on Nasdaq Copenhagen. For more information, visit trifork.com.

Frequently Asked Questions

1. What is the purpose of the new IT development framework agreement?

The framework agreement is designed to enhance IT development and modernize services for the Danish Ministry of Taxation.

2. How long will the agreement last?

The agreement is set to last for four years.

3. What is the total financial framework for this agreement?

The financial framework can reach up to 3.27 billion DKK, which is approximately 440 million EUR.

4. Who are the partners working alongside Nine in this agreement?

Nine will collaborate with other companies within the Trifork Group, as well as strategic partners Emagine and Copenhagen Data.

5. What prior experience does Nine have with UFST?

Nine has been involved in various projects for UFST, including the development of a data exchange platform and property tax calculation engines.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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