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September 2006

Accelerating the development of new services

D Lamouche

Following on from the worldwide recognition of the technological excellence demonstrated by Bull – with the TERA-10 supercomputer, delivered to the French Atomic Energy Authority (CEA) – I’d like to focus for a moment on some of the initiatives we have recently taken in the world of services.

During the first half of this year, Bull’s services business recorded a 9% increase in revenues (with order intake up by 55%). The partnership signed recently between Bull and Barnsley Metropolitan Borough Council in the UK is just one example of the surge in activity that our services business has seen of late. A joint-venture set up to manage Barnsley’s IT operations and proactively pitch for IT support contracts in the wider market has translated into a contract worth €110 million over ten years, and marks Bull’s return to the services market in the UK.

Bull’s recent acquisition of, a Polish consultancy and systems integration company specializing in advanced and open IT solutions for the telecoms sector has strengthened our presence among international operators, and has marked a new step in the development of our activities. During the first six months we achieved 38% growth in this sector, and have several success stories to report. To mention just one of them… Maroc Connect, the Moroccan telecommunications operator – which provides fixed and mobile services - has chosen Bull to implement its information system.

Finally, as part of Bull’s moves to reposition itself as offering high added value systems integration for complex systems, we have just announced the creation of a new worldwide business focusing on postal services, along with two acquisitions to extend our offerings:
• The Software Department of Selisa – a subsidiary of Sofiposte – which specializes in video coding. This offering is a key element of the automatic address interpretation system project awarded by the French Post Office (La Poste) to Bull as part of its new mail sorting platforms
• The postal software application development activities of First Logic Inc – a company recently acquired by Business Objects – for its automated address processing solutions that also form a core element of mail sorting systems.

As a builder of open, flexible and secure information systems, Bull taps into the world’s intelligence and harnesses it for you. Your projects benefit directly from the commitment of all our teams across the globe.

Didier Lamouche
Chairman and Chief Executive Officer



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