Induct  - Update on subscription period in subsequent offering of NOK 5 million


Reference is made to the stock exchange notice published on 19 April 2016. The subscription period will start 26 April 2016 at 09.00 am. Prospectus and practical information regarding how to subscribe for shares in the subsequent offering will be published prior to the start of the subscription period.


For further information, please contact:

Alf Martin Johansen, Chief Executive Officer
47 90 17 94 35

About Induct

Based on eight years of collaboration with over 250 organizations, Induct offers innovation communities, delivered as "Software as a Service," that enable organizations to create, manage, track and measure the innovation process from idea creation through to final implementation and impact reporting. Induct enables its customers to connect with each other in larger networks to share best practices, while deploying and monetizing initiatives - all within a secure, collaborative, and access-controlled cloud-based network. Induct is listed on the Merkur Market list on the Oslo Stock Exchange with the ticker INDUCT-ME.

Induct: “Connecting Innovation Communities™”