Innofactor Plc Stock Exchange Release February 7, 2018, at 12:30 Finnish time

The Swedish Teachers' Union has selected Innofactor as the partner for a pilot project including membership management, recruiting and membership analysis. The project will start in February 2018. The price (excluding VAT) of the procurement including licenses is about EUR 0.5 million.

'The deal is important for us, because it strengthens our market position within the membership and union solutions. We look forward to a long relationship with Lärarförbundet where we can evolve and facilitate the daily operations for the users, and in cooperation with the customer secure the solution for GDPR. I am very proud of our personnel's performance,' says Viktor Lundqvist, Country Manager Sweden.

Lärarförbundet
The Swedish Teachers' Union (Lärarförbundet) is Sweden's largest union for teachers. The union has over 230 000 members from all parts of the educational system. Lärarförbundet organizes teachers, pre-school teachers, primary teachers, middle school teachers, high school teachers and headmasters.

Espoo, February 7, 2018

INNOFACTOR PLC

Sami Ensio, CEO

Additional information:
Sami Ensio, CEO
Innofactor Plc
Tel. +358 50 584 2029

Distribution:
NASDAQ Helsinki
Main media
www.innofactor.com

Innofactor
Innofactor is a leading Nordic provider of digitalization and cloud solutions. Innofactor has Microsoft Ecosystem's leading expertise and the most comprehensive offering in the Nordics. Innofactor has over 600 eager and motivated top professionals in Finland, Sweden, Denmark and Norway. Innofactor serves over 1,500 commercial, public, and third sector organizations. In 2012 to 2016, the annual growth of Innofactor's net sales has been approximately 28%. The Innofactor Plc share is listed in the technology section of the main list of NASDAQ Helsinki Ltd. www.innofactor.com

Innofactor Oyj published this content on 07 February 2018 and is solely responsible for the information contained herein.
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