TECHSTEP CHOSEN AS SUPPLIER TO NORDEA

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Techstep has won a framework agreement with Nordea, a financial services group in the Nordic region. The agreement covers the delivery of mobile phones, tablets and related equipment and services to the bank’s employees in Norway and Denmark.

Techstep won the agreement due to its Nordic presence and capacity to deliver cross-border and the quality of previous deliveries to Nordea in Norway. In addition, Techstep’s close cooperation with equipment providers, strengthened the basis for the decision.

The agreement, expected to be signed shortly, has a potential three-year duration with annual renewal. Total value over three years is estimated to NOK 90 million.

“We are obviously very satisfied with the agreement. Nordea, which is one of the biggest banks in Europe, considers the digital workplace to be business critical and wants Techstep to deliver an important part of the platform. At the same time, they recognize our ability to deliver cross-border mobile solutions in the Nordics. This is exactly the kind of demand we have built Techstep to serve”, says CEO Gaute Engbakk in Techstep

“This is the largest agreement we have entered into so far since we founded Techstep in mid-2016. It reflects the opportunities ahead of us” Engbakk concludes.

For further information, please contact:
Gaute Engbakk, CEO, Techstep ASA: +47 916 33 281

About Techstep ASA
Techstep is positioning itself as a leading Nordic enabler of the digital workplace. Techstep’s “Mobile as a Service” (MaaS) offering is a one-stop-shop solution, which combines hardware, subscription & connectivity, mobile device management, managed services and related software, in addition to financing. The MaaS solution enables enterprises to let employees do their work across mobile devices and locations, with a high degree of security and operational stability. Techstep has approximately 220 employees based in Norway and Sweden, serving close to 6,000 customers and 620,000 end users across various industries in the private and public sectors. The company is listed on the Oslo Stock Exchange. For more information, please visit http://techstepasa.no/.

This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.

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