Brief: Techstep Signs Agreements Worth NOK 2.1 Mln Recurring Revenue Per Year

Techstep ASA

29/03/2023 07:16

March 29 (Reuters) - Techstep ASA  TECH.OL :
    * SIGNS NEW AGREEMENTS WORTH NOK 2.1 MILLION RECURRING
REVENUE PER
YEAR
    * HAS SIGNED TWO NEW AGREEMENTS TO DELIVER SMARTCONTROL TO
TOTAL
OF 4,400 EMPLOYEES IN NORWAY
    * AGREEMENT OF 12 MONTHS HAS TOTAL CONTRACT VALUE IN EXCESS
OF NOK
1.2 MILLION RECURRING REVENUE PER YEAR
    * SOLUTION WILL BE DEPLOYED AS SOON AS POSSIBLE
    * FIRST AGREEMENT IS SIGNED WITH LARGE COMPANY WITHIN ENERGY
SECTOR TO DELIVER SMARTCONTROL OF 2,600 DEVICES IN NORWAY
    * MOREOVER, CO HAS SIGNED NEW AGREEMENT WITH WIDERØE GROUND
HANDLING, NORWAY'S LARGEST GROUND SERVICE PROVIDER, TO DELIVER
SMARTCONTROL TO 1,800 EMPLOYEES IN NORWAY
    * AGREEMENT OF MINIMUM 12 MONTHS HAS TOTAL CONTRACT VALUE OF
NOK
900,000 RECURRING REVENUE PER YEAR

Source text for Eikon:  ID:nObikMZMta 
Further company coverage:  TECH.OL 

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