Techstep ASA

Techstep enter new markets with LOI for delivering Techsteps's Lifecycle platform

Techstep is pleased to announce that it has entered into a Letter of Intent with

a leading IT vendor, marking its strategic entry into the Ireland and UK

markets.

With this partnership the vendor will adopt Techstep's Lifecycle platform as

their standard solution for Device-as-a-Service (DaaS) offerings, enhancing

operational efficiency and customer experiences.

Lifecycle platform is Techstep's own software for automated device lifecycle

management and enables streamlined management of device lifecycles, from

purchase and onboarding to offboarding and recycling, allowing the IT Vendor to

deliver innovative, sustainable practices.

Both companies are committed to going live with the Lifecycle platform this year

with customers onboarded in the fourth quarter. The commercial model include a

license price per device per month.

"This agreement aligns perfectly with Techstep's partner strategy of expanding

our market reach in Europe and globally, helping partners digitize manual

processes, contributing to a more streamlined and efficient operation and

emphasizing circular economy values", comments Morten Meier, CEO of Techstep.

For further information, please contact:

Morten Meier, CEO Techstep ASA +47 970 57 717

About Techstep ASA

Techstep is a mobile & circular technology company, enabling organisations to

perform smartly, securely, and sustainably by combining mobile devices, software

and expertise to meet customers' business and ESG goals. We are a leading

provider of managed mobility services in Europe, serving more than 2,100

customers in Europe with an annual revenue of NOK 1.1 billion in 2023. The

company is listed on the Oslo Stock Exchange under the ticker TECH. To learn

more, please visit www.techstep.io.

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