OLX Brasil signs agreement with Cxense

Oslo, Norway – 7 October 2016 – Cxense ASA (OSE: CXENSE) today announced that Brazil’s leading classifieds site OLX Brasil has signed an agreement with Cxense for the use of Cxense Maxifier, its display advertising optimization solution.

OLX Brasil is the leading classifieds site in Brazil and a part of the OLX Group’s network of leading classifieds platforms in 40 markets. Together these sites generate more than 1.7 billion monthly visits, 35 billion monthly page views and 54 million listings every month on the OLX Group's online marketplaces. The OLX Group is controlled by Naspers.

OLX Brasil will license Cxense Maxifier to optimize advertising campaigns and audience segmentation.

About Cxense:

Cxense (pronounced "see-sense") enables the world's leading media, e-commerce and consumer brands to take control of their audience data to deliver more engaging and personalized user experiences. Businesses using Cxense's advanced real-time analytics, data management (DMP), advertising, search and personalization technology gain more engaged users, increased digital revenue and higher sales conversions. Cxense is headquartered in Oslo, Norway, with offices worldwide.  

Customers include the Wall Street Journal, USA Today (Gannett), Grupo Clarin, El Pais, Bonnier, Naspers, Ebay, The Golf Channel, PGA, NBA, NFL, ABC News, FOX Sports, Singapore Press Holdings, South China Morning Post, AEON, DMM, Rakuten and many more. For more information: www.cxense.com, Twitter: @Cxense. Cxense is listed on the Oslo Stock Exchange with the ticker 'CXENSE.'

Investor Relations Contact:

Jørgen Loeng, Chief Financial Officer

Email: jorgen.loeng@cxense.com

Mobile: +47 906 60 062