Addnode Group

M&A Activity • May 2, 2016

Press release

Addnode Group signs PLM services agreement worth over \$2.5 million with a global technology provider

STOCKHOLM, MAY 2, 2016 – Addnode Group's subsidiary TechniaTranscat, a world leading provider of PLM solutions, has signed a new services agreement with a leading US based global technology provider of transportation systems. The agreement has an order value of more than \$2.5 million over a 12-month period.

With a focus on improving the end user experience, TechniaTranscat will deliver a wide set of services such as business consulting, solutions development and production rollout services.

• This validates TechniaTranscat as the leading vendor for demanding and global 3DEXPERIENCE based implementations. Our strong US team together with our partner network is a key for this delivery. It is true to call the agreement a multiyear PLM partnership says Jonas Gejer, CEO at TechniaTranscat and President of Addnode Group PLM.
• We have a strong PLM team with a customer perspective and a good business knowledge. This agreement underlines our delivery capacity to large and demanding global corporations, says Staffan Hanstorp, President and CEO of Addnode Group AB.

For more information, please contact:

Staffan Hanstorp, President and CEO Addnode Group AB Tel: +46 (0) 73 377 24 30, e-mail: staffan.hanstorp@addnodegroup.com

Jonas Gejer, President Addnode Group PLM Tel: +46 (0) 73 377 24 14, e-mail: jonas.gejer@addnodegroup.com

About Addnode Group

Addnode Group acquires, operates and develops entrepreneur-driven companies that supply software and services to markets in which we have or can achieve a leading position. We are one of Europe's leading suppliers of software and services for design, construction and product data information, and a leading supplier of document and case management systems to public sector clients in Sweden and Norway. More than 600,000 engineers and officials use our system solutions on a daily basis.

We are 1,200 employees in Sweden, Austria, Denmark, Finland, Germany, India, Norway, Slovakia, UK, US and Serbia. Net sales in 2015 amounted to SEK 1,900 M. Addnode Group's Series B share is listed on Nasdaq Stockholm. For more information, please visit www.addnodegroup.com