Addnode Group delivers proprietary software to a major authority within the defense and security sector

Regulatory News:

Ida Infront, a subsidiary to Addnode Group, has signed a new agreement with a major authority within the defense and security sector, covering deliverance of the proprietary case management software, iipax. The agreement includes implementation and support during five years with an extension possibility of two more years. The five-year agreement has an order value of approximately USD 0.5 million.

The authority has signed an agreement with Ida Infront, a subsidiary to Addnode Group. The agreements covers user licenses, implementation and support of the company’s proprietary software, iipax.

- The agreement is a proof that our proprietary software is the first hand choice when it comes to managing information even at a high security level, says Andreas Wikholm, President of Addnode Group Process Management.

Ida Infront is a part of Addnode Groups business area Process Management.

About Addnode Group

Addnode Group (STO:ANODB) acquires, operates and develops entrepreneur-driven companies that supply software and services to markets in which we have or can achieve a leading position. We are one of Europe’s leading suppliers of software and services for design, construction and product data information, and a leading supplier of document and case management systems to public sector clients in Sweden and Norway. More than 600,000 engineers and officials use our system solutions on a daily basis. We are 1,200 employees in Sweden, Austria, Denmark, Finland, Germany, India, Norway, Slovakia, UK, US and Serbia. Net sales in 2015 amounted to SEK 1,900 M. Addnode Group's Series B share is listed on Nasdaq Stockholm. For more information, please visit www.addnodegroup.com

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