Techstep ASA — Regulatory Filings 2021

Jun 22, 2021

Techstep signs Managed Mobility Service (MMS) agreement with Storstockholms Lokaltrafik

Techstep signs Managed Mobility Service (MMS) agreement with Storstockholms Lokaltrafik

Techstep, through its subsidiary Optidev AB, has signed an?agreement with the

Swedish public transport company AB Storstockholms Lokaltrafik (SL) to

deliver a complete MMS-solution.

The agreement includes all three components

of Techstep's service stack: Advisory Services, Platform Management and Asset

Management. The MMS solution will use software developed by Optidev to deliver

an integrated public transport ticketing system, with operational support

services for the complete software and hardware solution. Techstep's MMS

offering will improve mobile

workflows and increase operational efficiency, while at the same

time reduce IT complexity for SL.

"Techstep is proud to help improve the public transport system by delivering

a next generation public transport ticketing solution for SL's affiliated sales

agents. SL is constantly working to create a cost-effective public transport

system, with higher quality and better capacity to increase the number of

people choosing SL instead of their own cars." says Techstep CEO, Jens Haviken

Techstep estimates the total contract value to NOK 14 million over a four-year

period, with an optional extension of additional four years. The contract

reflects Techstep's long term strategy to on-board new customers to its

complete MMS offering.

About AB Storstockholms Lokaltrafik

AB Storstockholms Lokaltrafik (SL) is the public transportation authority in the

County of Stockholm. Every day, around 900.000 people travel by public

transport, such as metro, buses, commuter trains and local railways. SL has the

overall responsibility for ensuring that everyone who lives in, or visits,

Stockholm has access to well-developed, easily accessible and reliable public

transport. It is SL's responsibility to develop and find new solutions for the

public transport system. It is also SL that procures the services and ensures

that the contractors running these services keep to their agreements.

For more information:

Erik Haugen

CCO

erik.haugen@techstep.no

About Techstep ASA

Techstep is purpose-built to become a Managed Mobility Services (MMS)

leader. Techstep provides a complete Managed Mobility Services-offering that

presents enterprises and their employees with access to efficient, secure and

value-creating mobile work solutions - wherever and whenever they choose to

work. Customer benefits include reduced IT complexity and costs, improved

employee capabilities and engagement, as well as increased productivity and

sustainability. Techstep has more than 350 employees based in Norway, Sweden,

Denmark and Poland, serving more than 2000 customers across different industries

and sectors. The company is listed on the Oslo Stock Exchange under the ticker

TECH. To learn more, please visit www.techstepasa.no.