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Regulatory press release

Techstep ASA: Techstep wins large frame agreement with the Norwegian procurement agency Tradebroker

2024-08-19 08:44
Techstep
Read the release

Techstep has won a frame agreement with the procurement agency Tradebroker for delivery of mobile devices, accessories and related mobile and circular technology services and solutions to their member organisations.

Tradebroker currently represents 83 large and medium-sized Norwegian companies with close to 200,000 employees in public and private sector. Of these, 41 companies have already committed to procuring under this new frame agreement. The volume of procurement will vary based on the individual calls made by these members throughout the contract's duration.

Techstep is the sole supplier on this frame agreement, which replaces a prior frame agreement Techstep has shared with another supplier.

"We are thrilled to win this new frame agreement, which aligns perfectly with our offerings and reinforces our commitment to delivering innovative mobile and circular technology solutions. This agreement gives us the exclusive opportunity to support many prominent brands in Norway, enabling them to operate smartly, securely, and sustainably. We look forward to contributing to our customers' success in a cost-effective, environmentally, and socially responsible manner," says Morten Meier, CEO of Techstep ASA.

The award of the Tradebroker frame agreement is subject to a potential appeal from other participants in the tendering process. The deadline for appeals is set for 26 August 2024. Provided there are no delays due to an appeal, the agreement will be effective from 1 October 2024. The contract will initially run for three years, with an option to extend for an additional two years.

For further information

Morten Meier, CEO, Techstep ASA: +47 970 57 717
Ellen Solum, CFO, Techstep ASA: +47 976 66 717

About Techstep ASA

Techstep is a mobile & circular technology company, enabling organisations to perform smartly, securely, and sustainably by combining mobile devices, software and expertise to meet customers' business and ESG goals. We are a leading provider of managed mobility services in Europe, serving more than 2,100 customers in Europe with an annual revenue of NOK 1.1 billion in 2023. The company is listed on the Oslo Stock Exchange under the ticker TECH. To learn more, please visit www.techstep.io.

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