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Spir Group ASA: Partnering with Telenor to leverage IoT technology

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Oslo, 9 October 2024: Spir Group ASA (OSE: SPIR) is today announcing thatSikriAS, a Spir Group subsidiary, has entered into a new partnership with Telenorwith the ambition of elevating the value of IoT technology. The partnershipcombines Telenor's expertise in telecommunications with Sikri's advancedtechnology for data collection and analysis.

The partnership provides a comprehensive ecosystem for IoT and builds on andformalizes previous collaborations between Sikri and Telenor. As Norway'sleading telecom operator, Telenor delivers reliable network coverage andcapacity optimized for IoT. This will be connected with Sikri's AIoT platform,which collects and analyzes data from various types of sources. These caninclude real-time recordings from IoT devices and IoT sensors, as well aspublicly available data sources and historical data.

"We are excited to announce our partnership with Telenor. We look forward toleveraging the potential of data to help our customers make sound,business-critical decisions. This partnership allows us to deliver a completeIoT value chain that provides real insight and value for our public sectorcustomers," says Per Haakon Lomsdalen, CEO of Spir Group.

Sikri and Telenor aim to offer a complete service for data collection andanalysis to the public sector in Norway and the Nordic region. The agreementdefines how the two companies will collaborate on product and servicedelivery,ensuring a coherent and complete solution for customers. With the help ofartificial intelligence, data is interpreted into insights and predictions.Thisallows decision-makers to base their decisions on the analysis of extensivereal-world data.

"Our mobile network is optimized for IoT, allowing sensors to easily connectandsend large volumes of data. IoT technology has great potential, and we areverypleased to partner with Sikri and look forward to our collaboration to furtherstrengthen the value of IoT technology," says Tom Carlsen, Head of IoT SalesatTelenor.

For further queries, please contact:Cecilie Brænd HeknebyChief Financial OfficerTel: +47 99 29 38 26Email: cecilie.hekneby@spirgroup.com

About Spir GroupSpir Group is a Nordic software house delivering mission critical software anddata within two business areas; Real estate and Public Administration. In Realestate, Spir Group helps to streamline complex real estate processes throughspecialized niche software and data. In Public Administration, Spir Group isoneof Norway's leading software providers, delivering solutions for casemanagement, archiving, quality management and internal control systems to thepublic sector in Norway. The Group's customers range from municipalities,governmental agencies, real estate agents, banks, insurance companies,appraisers, property developers, media companies, builders, property owners,engineers, power companies, and building materials production companies. Ourmission is to help our customers streamline their operations and drivedigitization through software, data and artificial intelligence.

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