SOURCE: ARINSO

April 18, 2007 01:06 ET

Philip Morris International selects ARINSO for outsourced payroll & time management services

BRUSSELS, BELGIUM -- (MARKET WIRE) -- April 18, 2007 --


Brussels, April 18, 2006 - ARINSO International (Euronext Brussels: ARIN), a leading provider of HR Technology Consulting & Outsourcing Services, announces that it has been selected to provide payroll and time management services to Philip Morris International (PMI). ARINSO will supply payroll and time management services in respect of over 20,000 employees within Europe, Eastern Europe, Middle East and Central Asia.

The contract with PMI covers a period of 6 years. For delivering its payroll processing and time management services to PMI, ARINSO selected its regional hubs based in Katowice, Poland and Brussels, Belgium. The agreement contemplates that ARINSO will provide services in respect of PMI employees in countries such as Poland, Switzerland, Portugal, Belgium, Netherlands, Czech Republic, Slovakia, Hungary, Ukraine, Russia, France, Kazakhstan, Spain, Italy.

This transaction further strengthens ARINSO's position in the market of global HR & Payroll Outsourcing. PMI selected euHReka®, ARINSO's preconfigured, multi-country HR & payroll outsourcing solution, to gain a single-source payroll solution for PMI's employees in those countries.

ARINSO's euHReka platform will provide PMI with a unified, SAP HCM-based solution to payroll and time management services across different countries.

###

INFORMATION FOR EDITORS

ARINSO International (Euronext Brussels: ARIN) is a global HR Services partner offering comprehensive HR business solutions to the world's largest employers. ARINSO is dedicated to HR Excellence through Strategic Consultancy, Outsourcing Services & Technology Integration Services.

ARINSO was founded in 1994 and employs 2,500 staff in 27 countries, including Argentina, Australia, Austria, Belgium, Brazil, Canada, Denmark, Finland, France, Germany, Italy, Luxembourg, Malaysia, Mexico, Morocco, the Netherlands, the Philippines, Poland, Portugal, Singapore, South-Africa, Spain, Sweden, Switzerland, Thailand, the United Kingdom & the United States.

More information on ARINSO International can be found on www.arinso.com

Contact
Michael Custers
Communications & Investor Relations
Tel. +32 497 52 47 70
michael.custers@arinso.com

Copyright © Hugin ASA 2007. All rights reserved.

Contact Information