Brief: Techstep Wins Framework Agreement With Oslo Kommune

Techstep ASA

08/04/2019 13:13

April 8 (Reuters) - Techstep ASA  TECHS.OL :
    * TECHSTEP TO DELIVER MOBILE SOLUTIONS TO OSLO KOMMUNE
    * TOTAL POTENTIAL VALUE FOR RENEWED CONTRACT IS ESTIMATED AT
NOK
100 MILLION EXCLUDING OPTIONS
    * HAS WON A FRAMEWORK AGREEMENT WITH OSLO KOMMUNE
    * REVENUE EFFECT EXPECTED FROM Q2 OF 2019.
    * CONTRACT DURATION IS TWO YEARS PLUS OPTIONS FOR AN
ADDITIONAL
TWO YEARS WITH ANNUAL RENEWAL.
    * CONTRACT DURATION IS TWO YEARS PLUS OPTIONS FOR AN
ADDITIONAL
TWO YEARS WITH ANNUAL RENEWAL
    * IN ADDITION, DELIVERY TO NEIGHBOURING MUNICIPALITIES AND
RELATED
ORGANISATIONS WILL BEGIN MOSTLY IN LATE 2019 AND EARLY 2020.

Source text for Eikon:  ID:nObifbB7la 
Further company coverage:  TECHS.OL 

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