Luxembourg, May 5, 2015 – The CENTAUR² consortium led by INTRASOFT International has been selected by the European Commission - Directorate-General for Research and Innovation to be the first priority contractor in a cascading framework contract of a total estimated value of 21.9 million EUR for the provision of external services for the development, studies and support of IT systems.

The contract (ISS - HORIZON 2020 - Lot 2) represents one of the most important contracts within the European Commission, as HORIZON 2020 is the biggest EU Research and Innovation Program ever, with nearly 80 billion EUR of funding available over 7 years (2014 to 2020). It also covers services to be provided for former Framework Programs (including FP5, FP6, FP7).

INTRASOFT International's participation is estimated to reach up to 8.5 million EUR of the total budget (about 39% of the aforementioned total budget). The consortium also includes Sword Technologies and ARHS Developments. The project has a 4-year maximum duration.

The purpose of the project is the provision of IT services for the development and maintenance of IT systems related to the management of Research and Innovation grant projects. These services may include the development and maintenance of legacy applications and Open Source Software (OSS) developments. Under this framework contract, the consortium can provide services to a number of other Executive Agencies and Bodies, apart from the specific DG.

The Directorate-General for Research and Innovation's mission is to develop and implement the European Research and Innovation policy with a view to achieving the goals of Europe 2020 and the Innovation Union.

Mr. Alexandros Manos, CEO of INTRASOFT International commented: “We are very pleased to be an integral part of the biggest EU Research and Innovation Program, HORIZON 2020. This latest award justifies the leading position of INTRASOFT International within the EU administration and public sector ICT market. We are honoured that the European Commission –being confident that we have the expertise- continues to trust our people and our high-quality IT services.”

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About the Directorate General for Research and Innovation

The Directorate General for Research and Innovation's mission is to develop and implement the European research and innovation policy with a view to achieving the goals of Europe 2020 and the Innovation Union. As such, the DG contributes to making Europe a better place to live and work, improving Europe's competitiveness, growth and job creation while tackling the main current and future societal challenges. To do so, the DG supports research and innovation through European Framework Programs, coordinates and supports national and regional research and innovation programs, contributes to the creation of the European Research Area by developing the conditions for researchers and knowledge to circulate freely and supports European organizations and researchers in their cooperation at international level. http://ec.europa.eu/research

About HORIZON 2020

HORIZON 2020 is the biggest EU Research and Innovation programme ever, with nearly €80 billion of funding available over 7 years (2014 to 2020) – in addition to the private investment that this money will attract. It promises more breakthroughs, discoveries and world-firsts by taking great ideas from the lab to the market.

http://ec.europa.eu/programmes/horizon2020/en/what-horizon-2020

About INTRASOFT International

INTRASOFT International is a leading European IT Solutions and Services Group with strong international presence, offering innovative and added-value solutions of the highest quality to a wide range of international and national public and private organisations. The company employs more than 1,600 highly-skilled professionals, representing over 20 different nationalities and mastering more than 18 languages. With headquarters in Luxembourg, INTRASOFT International operates through its operational branches, subsidiaries and offices in 18 countries: Belgium, Bulgaria, Denmark, Cyprus, Greece, Iraq, Jordan, Moldova, Morocco, Romania, Palestine, Philippines, Saudi Arabia, UK, UAE, USA and Yemen. More than 500 organizations in over 70 countries worldwide (Institutions and Agencies of the European Union, National Government Organizations, Public Agencies, Financial Institutions, Telecommunication Organizations, and Private Enterprises) have chosen the company's services and solutions to fulfil their business needs. http://www.intrasoft-intl.com/

Information for Press only

Kalliopi CHIOTI, Communications & CSR Manager, INTRASOFT International

Tel. +352 44 10 12 2178 & +30 6951 008800

E-mail: Kalliopi.Chioti@intrasoft-intl.com