Addnode Group acquires software company EssVision and strengthens their offering to the public sector

Stockholm, July 1, 2016. Addnode Group acquires EssVision AB, a Swedish software
company delivering document- and case management solutions to municipalities,
authorities and companies. EssVision had net sales of SEK 13 m during the fiscal
year 2015 and had an operating margin of 17 percent.
EssVision is a software company which mainly focuses of document- and case
management solutions, an area in which Addnode Group’s business area Process
Management is one of the leading providers to the Swedish market.

EssVision had net sales of SEK 13 m during the fiscal year 2015 and an operating
margin of 17 percent. Example of customers using the company’s products are the
municipality of Täby, the municipality of Ystad and Karlshamn Energy.

-        We have followed the success of EssVision for a long period of time and
it feels great that they have chosen to become a part of Addnode Group. Together
we can create a stronger position and a really good customer offering to public
sector clients, says Andreas Wikholm, President of Addnode Group Process
Management.

-        We at EssVision are looking forward to become part of Addnode Group and
to be able to provide our customers with a combined offering of services. We see
great potential to increase the execution speed in all product development we
currently have ongoing, says Bengt Walfridson, CEO and founder of EssVision.

Completion took place July 1, 2016 and EssVision will be a part of Addnode
Group’s business area Process Management. The acquisition of all outstanding
shares is expected to have a slightly positive impact on Addnode Group’s
earnings per share.
For more information, please contact:
Staffan Hanstorp, President and CEO of Addnode Group AB

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

Andreas Wikholm, President Addnode Group Process Management
Tel: +46 (0) 70 394 42 07, e
-mail: andreas.wikholm@addnodegroup.com (andreas.wikholm@addnodegroup.com%0d)
About Addnode Group

Addnode Group 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