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ÅF sells PX Business Solutions to Visma

The ÅF Group has reached agreement with Visma on the sale of its software operations, PX Business Solutions (PX). Until now PX has been an integral part of the ÅF Systems division.
The sale will generate a capital gain for the ÅF Group of SEK 19 million. This will have a positive effect on the Group's earnings for the first quarter of 2006.
The sale is a further step in the process of streamlining the ÅF Group's business to concentrate on becoming one of the market's leading names in technical consulting.
PX has 26 employees and a software portfolio in which the PX Control business system is the main product.
In conjunction with the sale, ÅF has also signed a 3-year maintenance agreement with Visma regarding the continued use of the PX Control business system within the ÅF Group.
AB Ångpanneföreningen
Corporate Information

The ÅF Group is a leading name in technical consulting. We offer highly qualified services and solutions for process industries, infrastructure projects and the development of products and IT systems. We also carry out certified third-party testing and inspection work. <!-- hugin-supplied --><br> Our proven proficiency in engineering is founded on the in-depth specialist knowledge of many branches of industry that we have built up over more than one hundred years. Today the ÅF Group comprises almost 2,700 employees based in some 50 locations in Sweden and in almost a dozen other European countries. <!-- hugin-supplied --><br>