Cybercom Group: Cybercom Develops Solutions for Volvo Car Corporation's First Connected Infotainment Solution

Regulatory News:

Cybercom (STO:CYBE) is developing solutions and services for Volvo Car’s first connected infotainment solution. The system was unveiled at the global consumer electronics show CES in Las Vegas this week.

The new system enables new kinds of services such as connected navigation, streaming music and service booking. Cybercom is a specialist provider of solutions and services to Volvo Cars in electronics and software development.

"Based on VCC's interaction concept, and through an agile approach between Volvo Cars and Cybercom, we have succeeded in developing applications and a graphical user interface in significantly less time and with a smaller budget than would have been possible with a traditional approach,” says John Eliasson at Cybercom.

Most car manufacturers are now launching solutions that involve providing entertainment and services that were previously associated with mobile phones and tablets, and we can say with great certainty that this is the beginning of a new era in the automotive industry, where new applications are integrated in the car. The ability to link car manufacturers, dealerships, service providers and customers will eventually give rise to new business models and contribute to greater customer value.

About Cybercom.

Cybercom is an IT consulting company that assists leading companies and organisations to benefit from the opportunities of the connected world. The company’s areas of expertise span the entire ecosystem of communications services. Cybercom’s domestic market is the Nordic region, and in addition the company offers global delivery capacity for local and international business. Cybercom was founded in 1995 and has been quoted on the NASDAQ OMX Stockholm exchange since 1999.

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