HANZA and Free2move forms partnership on Internet of Things (IoT)

HANZA Holding AB (publ), listed on First North, has signed a cooperation
agreement with Free2move, listed on Nordic MTF, regarding industrialization and
manufacturing of the company's current and future products.
"It is both exciting and strategically important for HANZA to participate in
shaping the future of applications in the IoT," says Thomas Lindström, SVP, Head
of Business Solutions. "HANZA is now moving into a new future customer segment
and will also also evaluate the technology for use in our own modern and cost
effective manufacturing solutions."

Free2move operates in the fast-growing area Internet of Things (IoT), which is a
collective term for the development so that "things" (such as machinery,
vehicles, household appliances, clothes and people) are connected by means of
sensors and processors. Free2move offers products and services in the Industrial
IoT (Internet of Things) by intelligent sensor networks that wirelessly collect,
analyze, monitor and control different devices. The solutions enable companies
to operate more efficiently and reduce costs while you are in control and can
secure their assets.

"In a fast-growing, new area of technology, it is crucial to focus on the
product and the business", says Anders Due-Boje, CEO Free2move. "Therefore HANZA
is an important partner, who manages industrialization, efficiency and
production. HANZA also has its factory near our development center, which
provides a higher quality control in the rollout of our new system platform
2Connect(TM)”.

HANZA will also evaluate different IoT solutions as part of the service offering
MIG(TM). Production of IoT products will begin before the summer and is expected
to reach mass production in autumn, 2016.
For more information please contact:
 (per.tjernberg@kullsvik.com)Erik Stenfors, CEO, Phone: 46 8 624 62 00, email:
erik.stenfors@hanza.com

Thomas Lindström, Senior Vice President, Head of Business Solutions, Phone: 46
702 98 39 39, email: thomas.lindstrom@hanza.com
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The information in this press release is such that HANZA must disclose it in
accordance with the Securities Markets Act and/or the Financial Instruments
Trading Act. The information was submitted for publication at 10.35 am (CET),
May 27, 2016. Erik Penser Bankaktiebolag is the company's certified adviser.

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