AVTECH enters into agreement with easyJet on Aventus NowCast

AVTECH Sweden AB (publ) ("AVTECH", "the Company") today announces that the
Company, following a competitive Request for Proposal process, has entered into
an agreement with easyJet Airline Company Ltd (“easyJet”) on implementation of
AVTECH’s Aventus NowCast Full Flight solution (“Aventus”). A first phase of the
agreement will run in Switzerland for a limited number of months, during which a
thorough analysis will be executed to form base for a subsequent expansion of
the Aventus Full Flight service into easyJet’s full network if certain
performance criteria’s on fuel savings are met. easyJet’s network currently
consists of approximately 130 airports in 33 countries across of Europe and
nearby regions.

The UK Met Office has been selected as the weather provider for the Aventus
solution for easyJet.

The first phase of the agreement has an insignificant contract value.

"We are very pleased and proud to have signed this contract with easyJet
following a highly competitive and thorough Request for Proposal process", says
Jonas Saric, the Head of AVTECH’s Aventus NowCast Business Unit. "The importance
for AVTECH of having easyJet as an Aventus customer cannot be underestimated”,
continues Jonas Saric. “easyJet is not only the second largest short-haul
airline in Europe, but they are also renowned for their innovative approach h
while growing heavily over a number of years. Needless to say we are eager to
get the Aventus implementation with easyJet going, and we look forward to
execute the work required to demonstrate that the minimum performance criteria’s
needed to expand the service to easyJet’s full network have been met. Besides
having had an excellent dialogue with easyJet over the course of the Request for
Proposal process, we are also pleased that the UK Met Office will be the
provider of high quality weather into the Aventus-system for easyJet”, finishes
Jonas Saric.

About Aventus NowCast

The Aventus NowCast™ system is a unique and patented system that enables
accurate wind information and/or 4-Dimensional Trajectories for flights, making
use of the very best in atmospheric modeling combined with weather information
(AMDAR and/or TAMDAR) to create high resolution wind models and wind data
packages for the different segments of a flight; a so called NowCast. Data
packages are uplinked to aircraft to enable the onboard Flight Management
Systems (FMS) to accurately calculate an optimized flight profile and the actual
time when each waypoint of a flight will be reached. The immediate benefits of
Aventus NowCast are airline fuel and CO2 savings, i.e. the solution is highly
environmentally friendly. Aventus is also imperative for aviation wide Time
-based operations, which is an area where the solution provides even larger
overall financial and environmental benefits through the provision of increased
efficiency and punctuality of individual flights and of the air transport system
as a whole.

For more information, please contact

Jonas Saric, Business Unit Director Aventus NowCast, +46 (0) 8 544 104 80

Ryan Ellison, Senior Vice President Aventus NowCast, +46 (0) 8 544 104 80

About AVTECH Sweden AB (publ)

AVTECH develops products and services for digital Air Traffic Management (ATM).
Its customers include the global aviation industry; e.g. airlines, airports,
aviation authorities, technology companies and airline manufacturers. By using
AVTECH’s products and services, each individual flight as well as the entire
airline operation can be optimized in terms of cost, noise and emission,
efficiency, punctuality and safety. The head office is in Stockholm, Sweden with
subsidiaries in Toulouse, France and an associated company in Dubai, U.A.E.
AVTECH Sweden AB is listed on NASDAQ OMX First North and has appointed Redeye
AB, tel: +46 8 545 013 30, as Certified Adviser.

About easyJet
easyJet is Europe’s leading airline offering a unique and winning combination of
the best route network connecting Europe's primary airports, with great value
fares and friendly service.

easyJet flies on more of Europe’s most popular routes than any other airline.
easyJet carries over 68 million passengers annually, of which around 12 million
are travelling on business. easyJet flies over 240 aircraft on more than 780
routes to over 130 airports across 33 countries. More than 300 million Europeans
live within one hour's drive of an easyJet airport.

easyJet aims to be a good corporate citizen, employing people on local contracts
in seven countries across Europe in full compliance with national laws and
recognising their trade unions. The airline supports a number of local charities
and also has a corporate partnership with UNICEF which has raised over £6m for
the most vulnerable children since it was established in 2012.

The airline takes sustainability seriously. easyJet invests in the latest
technology, operates efficiently and fills most of its seats which means that an
easyJet passenger's carbon footprint is 22% less than a passenger on a
traditional airline, flying the same aircraft on the same route.

Innovation is in easyJet’s DNA – from our launch almost 20 years ago when we
changed the way people fly to the present day where we lead the industry in
digital, web, engineering and operational innovations to make travel more easy
and affordable for our passengers.