Crescent NV

Business and Financial Review • Nov 22, 2016

Regulated Information – Inside information

PUBLISHED 11:00 CEST 22-11-2016

CLARIFICATION: SALE OF INNOLUMIS STRENGHTENS OPTION'S CASH POSITION AND ENABLES FOCUS ON CORE COMPETENCIES

Leuven, Belgium – November 22, 2016 – Option (Euronext: OPTI; OTC: OPNVY) clarifies that the sale of Innolumis Public Lighting BV and Public Lighting BV, has a positive effect of 300,000 EUR on its net result, which brings the continuity of Option to mid February 2017.

CONTACT

Jan Poté, PR & Media Relations Option Tel +32 (0)475 92 55 82, E-mail: j.pote@option.com

ABOUT OPTION

Option connects Things to the Cloud. With 30 years of experience and many industry's firsts in the wireless industry, the Company is ideally positioned to bring the most efficient, reliable and secure wireless solutions to business markets (B2B) and industrial markets (M2M). The Company partners with industrial companies, system integrators, value added resellers, application platform providers, value add distributors and network operators to bring tailor made solutions. The Company's core expertises are: Wireless Connectivity and Wireless Engineering Services. Option is headquartered in Belgium and maintains offices in Europe, the US, Greater China and Australia. More information: www.option.com

Copyright ©2016 OPTION. All rights reserved. All product and company names herein may be (registered) trademarks or trade names.