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Devoteam and Exprivia Partner to Build a Market Leader in IT Services for Telecommunications and Media in Italy

  Devoteam and Exprivia Partner to Build a Market Leader in IT Services for   Telecommunications and Media in Italy  EXPRIVIA SPA ACQUIRES DEVOTEAM AUSYSTEMS SPA WITH THE GOAL TO EXTEND THE RANGE                        OF ITS HIGH VALUE ADDED SERVICES  Business Wire  PARIS -- February 12, 2014  Regulatory News:  Devoteam (Paris:DVT) has signed a contract for the sale of its Italian subsidiary Devoteam auSystems Spa to the Italian group Exprivia Spa. The company has operated in the Italian market for over 15 years as a significant IT services player in Telecommunications and Media, serving leading international operators and equipment manufacturers.  Devoteam auSystems, created in 1999, has developed know-how, focused expertise and capabilities in the field of embedded systems, OSS systems, next generation networks (NGN), mobile applications, and machine-to-machine (M2M) solutions. It offers its services through centres of excellence in Milano, Roma, Genova, and Palermo.  Devoteam auSystems generated Euro 16 million revenues in 2013 with 250 employees.  This project allows Devoteam auSystems to join forces with a bigger player in Italy that is present in other market segments. The move is in line with Devoteam's refocusing strategy on the one hand, and that of Exprivia, looking to specialize within specific verticals, on the other hand. The closing of the transaction is subject to customary conditions and is expected in the first half of April 2014. More details will be disclosed in due time.  “We are convinced that the combination of our very experienced teams with a stronger local player such as Exprivia is the best solution to address the consolidating market in Italy. We also hope that this will be the beginning of a wider collaboration between our companies, notably in the field of our strategic offerings, notably the Network transformation”, states Stanislas de Bentzmann, co-CEO of Devoteam.  "The telecommunications market is undergoing a period of deep transformation," says Domenico Favuzzi, president and CEO of Exprivia.  "After the investments incurred for the acquisition of LTE licenses for the development of fourth generation networks (4G), the operators have announced a massive investment plan for the next two years to expand the networks and differentiate the services, in order to offer their customers the benefits of technological evolution of Smartphone, Tablet, PDA and new generation digital devices.  With the acquisition of Devoteam auSystems, Exprivia intends to become a reference player servicing telecommunications customers in the process of adopting new mobile technologies that enable radical transformation of production processes and businesses."  About Devoteam  Devoteam (ISIN: FR 0000073793, Reuters: DVTM.PA, Bloomberg: DEVO FP) is an IT consulting group created in 1995, a specialized ICT Transformation partner of its clients. Combining consulting know-how and technical expertise enables Devoteam to provide its customers with independent advice, delivering innovative and industrialized end-to-end solutions.  In 2012, Devoteam achieved revenues of €515 million and an operating margin of 3.5%. The Group has a workforce of 3915 employees in 23 countries across Europe, North Africa and Middle East.                                 www.devoteam.com  About Exprivia  Exprivia S.p.A. is a company specialised in the design and development of innovative software technologies and in supplying IT services for the banking, financial institution, industry, energy, telecommunications, utilities, healthcare and public administration markets.  The company today is listed on the Borsa Italiana MTA, Star segment (XPR), with Abaco Innovation Spa as a main shareholder.  The company numbers a total of approximately 1800 resources, and has head offices in Molfetta, Bari, Milan, Rome, Piacenza, Padua, Trento, Vicenza, Genoa, Madrid, Barcelona, Las Palmas, Mexico City, Monterrey, Guatemala City, Lima, Sao Paulo do Brazil and Bejing.  Contact:  Devoteam Co-CEO: Stanislas de Bentzmann stanislas.de.bentzmann@devoteam.com or Financial Communication: E. Broisin evelyne.broisin@devoteam.com jerome.camagie@devoteam.com Press: Aurélie Chambon & Bastien Rousseau aurelie.chambon@ketchum.fr bastien.rousseau@ketchum.fr or Marketing & Communication: Alessia Vanzini, +39 02280141 alessia.vanzini@exprivia.it or Investor Relations: Gianni Sebastiano, + 39 0803382070 gianni.sebastiano@exprivia.it