Techstep ASA — M&A Activity 2011

Feb 7, 2011

Information Memorandum regarding Sale of Service Factory AB (Orbyte) and Equity Stake in Aptilo Networks AB

Oslo, Norway - February 7, 2011

Reference is made to the stock exchange notices dated

4th and 5th January 2011 in relation to the sale by

Birdstep Technology ASA (OSE: BIRD) of its subsidiary

Service Factory AB (Orbyte) to Aptilo Networks AB and

its 32.64 % equity stake in Aptilo Networks AB to the

Norwegian private equity firm Norvestor V L.P., for a

total gross value of approximately NOK 52 million.

Please find attached the Information Memorandum in

connection with the divestments of these non-core

assets - cf. the Continuing Obligations of stock

exchange listed companies section 3.5.

For further information, please contact:

Torbjörn Sandberg

CEO and President

Phone: +46 70 5170964

Email: torbjorn.sandberg@birdstep.com

André V. Demarest

CFO

Phone: +46 70 3928810

Email: andre.demarest@birdstep.com

About Birdstep:

Birdstep Technology ASA is a leading provider of

secure and seamless wireless connectivity software

for operators, enterprises and mobile device

manufacturers. EasyConnect offers advanced connection

and service management solutions for network

operators and laptop manufacturers. SafeMove is a

mobile VPN solution providing seamless and secure

connectivity to business data for corporations and

governments.

Birdstep Technology was founded in 1996 and is since

2002 listed on the Oslo Stock Exchange under the

ticker "BIRD". The company has 66 employees and is

headquartered in Oslo, Norway, with competence

centers in Sweden, Finland, UK and the United

States. For more information, visit www.birdstep.com

This information is subject of the disclosure

requirements according to section 5-12 in

verdipapirhandelloven (the Norwegian Securities

Trading Act).