Malam-Team wins Employment Service deal

The five-year contract is worth NIS 70 million and includes a five-year option to extend.

Malam Team Ltd. (TASE: MLTM) has won a tender by the Israel National Employment Service to replace its legacy computer system. Malam Team will develop and maintain information systems, and develop, maintain and operate the Employment Service's website. The five-year contract is worth NIS 70 million and includes a five-year option to extend.

The new system will serve the Employment Service's 650 employees at 70 locations nationwide.

Published by Globes [online], Israel business news - www.globes-online.com - on September 24, 2008

© Copyright of Globes Publisher Itonut (1983) Ltd. 2008

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