The decision taken by the Administrative Court implicates that Addnode Group now can sign the contract with the City of Gothenburg in accordance with the award decision. The agreement has an estimated value of SEK 35 million over four years, with an option for extension one plus one year.

– This contract has been up for appeal on several occasions and we are now happy to finally have the opportunity to sign the agreement with the City of Gothenburg. Not only do our software add a great deal of customer value, but also contributes to a strong social benefit, says Andreas Wikholm, President of Addnode Group Process Management.

The information in this press release is such that Addnode Group AB (publ) must disclose in accordance with the Market Abuse Regulation, the Swedish Securities Market Act and/or the Financial Instruments Trading Act. The information was released on September 22, 2016 at 3:15 PM CET.