Techstep ASA - Regulatory Filings 2021

Techstep to deliver MMS solution with 1,000 managed devices to Vy in Sweden

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

Swedish bus company Vy Travel AB to develop a new customised Managed Mobility

Service solution.

The agreement includes Advisory and Development Services for developing a

customised solution, as well as Platform Management for the post development

administration. Optidev's TrueMobile platform provides the backbone for the

system, which enables efficient development and easy deployment.

"Vy is a leader in Nordic passenger transport, and place great importance to

ensure a good travel experience for its customers. Techstep is fortunate to work

with Vy in both Norway and Sweden, and we look forward to further expand our

good cooperation with Vy, and help its drivers and customers travel smarter,"

says Techstep CEO, Jens Haviken.

Techstep estimates the total contract value to NOK 8.4 million with over 1,000

managed devices for Vy. The contract is signed for an initial duration of 20

months, with the possibility of further extensions.

For more information please contact:

Jens Haviken, CEO, Techstep ASA: +47 930 90 070

Erik Haugen, CCO, Techstep ASA: +47 967 90 101

About Vy Travel AB

Vy Travel AB is a Swedish subsidiary of Vy Group, one of the largest transport

groups in the Nordic countries. Vy Travel operates the Swedish part of the two

intercity coach brands Bus4You and Vy express. Under Vy Bus4You and Vy express,

Vy Travel AB offers travel to over 35 destinations in Sweden, Norway and Denmark

with 2,740 departures a week. In total, Vy's bus operations in Sweden have 1,400

employees and an annual revenue of SEK 1.4 billion.

About Techstep ASA

Techstep is purpose-built to become a leading Managed Mobility Services provider

in the Nordics. Techstep combines device management, software, hardware and

connectivity into a managed service. This enables enterprises and their

employees to do their work across mobile devices and locations, with a high

degree of security and operational stability. Techstep has 290 employees based

in Norway, Sweden and Denmark, serving 550+ enterprise customers across various

industries in the private and public sectors. The company is listed on the Oslo

Stock Exchange. For more information, see www.techstepasa.no.

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