Techstep ASA - Report Publication Announcement 2016

Techstep ASA: Annual Report 2016

On 23 March 2017, the Board of Directors of Techstep ASA approved

the financial statements for 2016 for issuance, subject to approval

by the Annual General Meeting on 27 April 2017. Please find attached

the Annual Report with financial statements for 2016.

For further information, please contact:

Gaute Engbakk, CEO of Techstep: +47 91633281

Marius Drefvelin, CFO of Techstep: +47 95895690

This information is subject to the disclosure requirements pursuant

to Section 5-12 of the Norwegian Securities Trading Act.

About Techstep

Techstep has established itself as a B2B provider of mobility and

communications services in Norway. Digitization of society and

business is changing the mentality of the telecom industry as well

as the organizations and people it serves. Focus is moving from

infrastructure and devices to value adding services. This creates

new market opportunities, and Techstep, along with its subsidiaries,

are building and expanding their market offerings to become the

preferred provider of the digital workplace and enterprise mobility

solutions in the Nordics. The strategy for building the solutions

platform is through organic innovation, acquisitions and

partnerships with an aim to become a fully integrated digital

solutions provider. In pursuit of the growth strategy, Techstep is

backed by long-term investors known for creating value through

transformation.

Techstep has two main business segments: Hardware, represented by

Nordialog Oslo, and Solutions, represented by SmartWorks and Mytos.

Nordialog Oslo represents one of Telenor's key distribution channels

of devices and mobile subscriptions to the Norwegian business

segment. All three companies are wholly owned by Techstep. In

addition, Techstep has entered into binding agreements to acquire

the Norwegian telecom mobility hardware company Apro Tele og Data AS

and the Swedish Enterprise Mobility Management provider InfraAdvice

Sweden AB.

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