Vitec Software Group B — Regulatory Filings 2015

Aug 19, 2015

Press Release

2015-08-19 10:00 CET

HusmanHagberg chooses Vitec Express

Vitec has signed a three-year contract with the HusmanHagberg real estate broker chain to provide the cloud-based real estate broker system Vitec Express. HusmanHagberg has been evaluating the system in operation since spring 2015 and has found that the system meets the demands that the chain makes of a modern business support system.

Vitec Express is a cloud-based real estate broker system launched in 2013 as a complement to Vitec's traditional business system for real estate brokers. Today the system is entirely freestanding and operates via a cloud service. Express simplifies the modern broker's day-to-day work and makes it possible to work on-the-go because all modern devices like tablets, mobile phones and computers are supported.

• With Vitec Express we meet our brokers' need for fast, easy access to the system wherever they are, says HusmanHagberg's CEO Lennart Hagberg. The great value of the new system is that our brokers can more easily maintain close continuous contact with both buyers and sellers. The whole bidding process becomes both more efficient and more secure, administration is streamlined, and they can put all their energy into meetings with clients, he goes on.

• As a supplier of business systems for real estate brokers, our main task is to constantly try to simplify Swedish brokers' everyday work. The contract with HusmanHagberg shows that we are right on track toward the next generation of real estate broker systems, says Richard Larsson, Head of Vitec's Real Estate Broker business unit. We are pleased to be able to contribute to further simplify and quality assure the system and thereby increase confidence in the whole industry.

HusmanHagberg

HusmanHagberg is an expanding franchise chain with some 80 offices and a staff of about 330. The chain, one of the 6 largest in Sweden, is privately owned and independent – with no connections to banks or insurance companies

Vitec – Real Estate Broker Business Unit

Vitec's Real Estate Broker business unit is the market-leading supplier of complete business systems for real estate brokers in Sweden and Norway, has an annual turnover of SEK 180 million and is part of Vitec Software Group AB (publ.)

For additional information please feel free to contact:

Richard Larsson, Vitec , CEO, Vitec Business Unit Estate Agent, tel +46 8 705 38 31 Lennart Hagberg, CEO, HusmanHagberg, tel +46 8 411 22 48

Disclaimer:

Vitec Software Group AB (publ.) is to make the above information public pursuant to the Swedish Securities Market Act or the Swedish Financial Instruments Trading Act. The information will be made public at 10:00 CET on Wednesday, August 19, 2015.

Vitec Software Group AB (publ) is a software company that offers industry specific business applications on the Nordic market. The Company, with operations in Sweden, Norway, Finland and Denmark is growing in the mature part of the software industry by consolidating vertical software segments. Clients include facility management companies, construction and real estate companies, banks and insurance companies, utilities and energy traders, healthcare companies, car spare part dealers and newspaper companies. Vitec is listed on Nasdaq OMX Stockholm. Group turnover has an annual capacity of 660 million SEK and has approximately 470 employees. Vitec is listed on Nasdaq OMX Stockholm.