Nordic Business Report-December 7, 2006-TeleComputing ASA signs new contracts for NOK20m in Norway (C)1994-2006 M2 COMMUNICATIONS LTD http://www.m2.com Norwegian IT services provider TeleComputing ASA said on Thursday (7 December) that it has received two contracts valued at a total of NOK20m in Norway. An existing international customer signed a NOK15m contract renewal agreement while a new customer, the independent claims settlement company Norwegian Claims Link AS, signed an IT outsourcing contract valued at NOK5m. TeleComputing, headquartered in Billingstad in Norway, provides centralised IT operating services to some 650 business customers in the Nordic countries, and has some 370 employees. The company is listed on Oslo Stock Exchange under the ticker TCO. One British pound (GBP) is worth approximately 12.21 Norwegian kroner (NOK). ((Comments on this story may be sent to [email protected]))