Innofactor Plc — Regulatory Filings 2017

Dec 21, 2017

Innofactor implements the renewal of the damage and compensation system of a financial sector organization

Innofactor implements the renewal of the damage and compensation system of a financial sector organization

Innofactor Plc Stock Exchange Release December 21, 2017, at 13:05 Finnish time

A Finnish financial sector organization and Innofactor have signed an agreement on December 21, 2017, concerning the renewal of a damage and compensation system delivered by Innofactor. The system delivery includes the delivery project for the new system and the related specialist services. The system delivery is planned to be implemented during 2018. The price (excluding VAT) of the procurement is EUR 573,375.

"Innofactor has extensive experience in developing, modernizing and maintaining large customer-specific solutions that require technical know-how and knowledge of the field. We implement customized solutions for the specific needs of both public administration and private companies in close cooperation with our customers. This deal is one more indication of Innofactor's strong field knowledge in digitalization," says Innofactor's CEO Sami Ensio.

Espoo, December 21, 2017

INNOFACTOR PLC

Sami Ensio, CEO

Additional information:

Sami Ensio, CEO

Innofactor Plc

Tel. +358 50 584 2029

Distribution:

NASDAQ Helsinki

Main media

www.innofactor.com

Innofactor

Innofactor is a leading Nordic provider of digitalization and cloud solutions. Innofactor has Microsoft Ecosystem’s leading expertise and the most comprehensive offering in the Nordics. Innofactor has over 600 eager and motivated top professionals in Finland, Sweden, Denmark and Norway. Innofactor serves over 1,500 commercial, public, and third sector organizations. In 2012 to 2016, the annual growth of Innofactor’s net sales has been approximately 28%. The Innofactor Plc share is listed in the technology section of the main list of NASDAQ Helsinki Ltd. www.innofactor.com