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Bull and FreeSoft triumph in Phare tender

IT company FreeSoft Rt, publicly traded since last summer, announced that it was expecting to secure a contract worth over 10% of its estimated Ft 800 million-Ft 900 million revenue for criminal database development as a subcontractor to Bull Hungary Kft. Bull, which signed a Phare agreement yesterday with the EU?s Central Finance and Contracting Unit according to FreeSoft?s announcement on the Budapest Stock Exchange (BÉT) website, did not wish to release any information in connection with the news, citing confidentiality.