Techstep ASA - Regulatory Filings 2022

Techstep signs SmartDevice agreement for 1000 users with Stendi

(Oslo, 4 April 2022). Techstep has signed an upsell agreement with existing

customer Stendi AS, one of the largest private healthcare providers in the

Nordics, to provide the managed mobility solution SmartDevice to 1000 users in

Norway.

SmartDevice is Techstep's mobile device lifecycle solution including Techstep's

own lifecycle handling software, online store, and self-service management

portal, as well as the option of purchasing mobile devices as-a-service at a

fixed monthly cost.

SmartDevice will help Stendi reduce its IT costs and complexity, in addition to

helping the company's reach its sustainability goals by allowing for safe reuse

or recycling of their used mobile devices.

"Techstep has supplied Stendi with mobile devices for several years, and we are

pleased to see that they have now decided to evolve to our lifecycle management

solution, SmartDevice. We look forward to building on this progress and to

develop our relationship further", says Techstep's Chief Revenue Officer, Gunnar

Aasen.

Techstep estimates a total contract value of NOK 13 million, with an initial

three-year contract period. ARR from own software is estimated to be NOK

500?000.

About Stendi AS

Stendi is Norway's largest care provider and runs nationwide activities within

child welfare, BPA, round-the-clock care, home-based services and elderly care

on behalf of public clients. Stendi is part of Ambea, one of the Nordic region's

leading care companies with around 26,000 employees in Norway, Sweden and

Denmark.

For more information please contact:

Erik Haugen, Chief Transformation Officer,?Techstep?ASA: +47 967 90 101

About?Techstep?ASA

Techstep is a complete mobile technology enabler, making positive changes to the

world of work; freeing people to work more effectively, securely, and

sustainably. We help customers who want to work smarter, while also delivering

on their ESG commitments. With more than 350 employees based in Norway, Sweden,

Denmark, and Poland, we serve more than 2,000 enterprise customers in Europe.

Techstep has NOK 1.3 billion in full year 2021 revenues, and is listed on the

Oslo Stock Exchange under the ticker TECH. To learn more, please visit

techstep.io (http://www.techstep.io)

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