AVTECH informs of a time delay in the testing phase of the Aventus NowCast Full Flight contract with EasyJet.

One globally operating airline is in the final negotiating stage to order
Aventus NowCast Full Flight.
EasyJet
The data collection phase of the contract with EasyJet was successfully
completed one month ago. As soon as the full data set has been received the
analysis is expected to take 3 to 4 weeks. If nothing technically unexpected
occurs, during the analysis part of the project, the expansion of the system to
the total EasyJet fleet of aircraft, will require 3 to 4 weeks.

This delay means that we are not expecting any substantial part of the budgeted
income of this contract to influence the financial result of this year.

Market information
The recently performed 2.4 million uplinked flights in the Southwest Airlines
fleet and the contract with EasyJet have increased the interest by some of the
larger airlines of the world to try Aventus NowCast. Some of these are asking
for an unpaid testing period. The Board of Directors of AVTECH have decided not
to commit the company to any more unpaid Aventus NowCast tests. Two airlines
have so far accepted this approach and are now in the negotiating stage. One of
them is expected to sign a contract with AVTECH within the next 4 weeks. AVTECH
seems to gradually be accepted as a competent developer and supplier of robust
and practically applicable management IT tools for the aviation industry.

For more information, please contact
Christer Fehrling, CEO and Business Unit Director Aventus NowCast, +46 (0) 8 544
104 80
David Rytter, Chief Technical Officer, +46 (0) 8 544 104 80
Niklaes Persson, Business Unit Director R&D, +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.

This information is information that Avtech Sweden AB (publ) is obliged to make
public pursuant to the EU Market Abuse Regulation. The information was submitted
for publication, through the agency of the contact persons set out above, at
07:00 CEST on October 12, 2016.