Vienna Insurance Group Reinforces Its Trust in IBM
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[October 10, 2008]

Vienna Insurance Group Reinforces Its Trust in IBM

(Marketwire Via Acquire Media NewsEdge) VIENNA, AUSTRIA, October 10 / MARKET WIRE/ --

The Vienna Insurance Group doesn't have to
worry about their IT services. The leading insurance group affirms its
belief in IBM Austria by announcing a new information technology (IT)
services agreement with IBM (NYSE: IBM) for the next 6 years.

In recent years, Vienna Insurance Group has grown beyond Austrian borders
and has become a leading international insurance group in Central and
Eastern Europe (CEE). To consolidate their powerful IT growth and create
resources for further growth, the company reinforced its partnership with
IBM.

G?nter Geyer, CEO, Vienna Insurance Group, said, "With this step, we can
concentrate on our further growth and our core business (main tasks). Now
we are prepared to further develop our role as a forerunner in the
insurance sector. Trendsetting developments in the insurance sector can be
driven quicker in the future."

Leo Steiner, CEO IBM Austria, underlined the collaboration with Vienna
Insurance Group, "IBM provides Vienna Insurance Group with local and
international experience in the insurance sector, deep industry know-how
and latest technology. With the flexibility and transparency of our IT
services, the insurance company does not need to worry about IT specifics
and retains a full view of its operations."

The growth of Vienna Insurance Group is reflected in the new IT services
contract because of its flexible and transparent form. All IT services are
focused on a flexible output performance to optimally satisfy the business
needs of the expanding insurance group.

In addition to these services, IBM Austria will make sure that the


infrastructure as well as the enlargement and renewal of a considerable
part of hardware, software and applications development on mainframe are
available. The IT services are delivered and charged "on demand."

About IBM



For more information, visit www.ibm.com/services.

About Vienna Insurance Group

For more information, visit www.viennainsurancegroup.com

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Media Contacts:
Barbara Hagen-Gr?tschnig
Vienna Insurance Group Corporate Communications
Tel.: +43 (0)50 350-21027
E-Mail: barbara.hagen@vig.com
Christian Rothm?ller
IBM Communications
Tel.: (0043) 1 211 45-2117
E-Mail: christian_rothmueller@at.ibm.com

Copyright ? 2008 Marketwire

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