Addnode Group renews SEK 75 million contract with German industry leading car manufacturer


STOCKHOLM, JANUARY 26, 2016 –  Addnode Group’s subsidiary, TechniaTranscat, one
of the European leading suppliers of Product Lifecycle Management (PLM)
solutions has renewed the contract with a German industry leading car
manufacturer. The projected order value is approximately SEK 75 million over
three years.
TechniaTranscat has been supplying products and services to the German car
manufacturer for several years. The renewed contract includes a wide set of
services to improve the usage of the existing PLM system. The contract, which
has an extended business scope, includes consulting, education and support. The
major part of the delivery is based on a Service Level Agreement (SLA) delivery
model.

- “This is a validation of our strong delivery capacity and knowledge within the
PLM segment and our strong local presence in the automotive clusters of
Germany”, said Jonas Gejer, CEO TechniaTranscat and President Addnode Group PLM.

-  “Germany is an interesting market with a significant growth over the past
years. The acquisition of Transcat PLM last year was a well-considered move to
position ourselves as a leading PLM company. This contract is both a strong
validation of our offering and an acknowledgement of our competence within the
industry”, said Staffan Hanstorp, President and CEO Addnode Group.

The information in this press release is such that Addnode Group must disclose
in accordance with the Swedish Securities Markets Act and/or the Financial
Instruments Trading Act. The information was released on January 26, 2016 at
08.30 AM CET.
For more information, please contact:

Staffan Hanstorp, President and CEO Addnode Group AB

Tel: +46 (0) 733 77 24 30, e-mail: staffan.hanstorp@addnodegroup.com

Jonas Gejer, CEO TechniaTranscat and President Addnode Group PLM

Tel: +46 (0) 8 599 204 14, e-mail: jonas.gejer@techniatranscat.com
About Addnode Group

Addnode Group offers operation-critical IT-solutions to selected markets within
both private and public sectors. We acquire, build and develop companies that
deliver operation-critical IT solutions for specific needs from our customers.

Every day, 500,000 engineers use our systems to develop and maintain products,
buildings and installations. 100,000 employees in the public sector use our
solutions for municipal and government management. We have 1,150 employees in
Sweden, Austria, Denmark, Finland, Germany, India, Norway, Slovakia, the UK and
the US and Serbia. Net sales in 2014 amounted to SEK 1,599 M. Addnode Group's
Series B share is listed on the Nasdaq Stockholm, Small Cap. For more
information, please visit www.addnodegroup.com.

Attachments

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