TECHSTEP SUBSIDIARY CHOSEN AS SUPPLIER TO THE NORWEGIAN ARMED FORCES

Techstep’s subsidiary Nordialog Oslo AS has, through an agreement with Kjedehuset, been chosen to supply the Norwegian Armed Forces and its 16 000 users with mobile phones, related equipment and service. The framework agreement has an estimated value up to NOK 17 million the first year and the possibility of being chosen again the following three years, representing a potential contract value up to NOK 68 million.

The Norwegian Defence Logistics Organisation (FLO), which is responsible for serving the Norwegian Armed Forces with equipment and solutions, recently announced a tender comprising the delivery of mobile phones, related equipment and service. Following a comprehensive tendering process, the framework agreement was awarded Kjedehuset, one of Norway’s largest ICT group, with Nordialog Oslo as the operative responsible retailer and contact point towards FLO.

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

Techstep ASA – making work mobile
Techstep is positioning itself as a leading enabler of the digital workplace in the Nordics. Techstep’s unique “Mobile as a Service” (MaaS) offering is a one-stop-shop solution combining 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 200+ employees based in Norway and Sweden, serving close to 6,000 customers and 600,000 end users across various industries in the private and public sector. The company had pro forma sales of approximately NOK 950 million in 2016 and is listed on Oslo stock exchange. For more information, please visit www.techstep.no.

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