Addnode Group acquires Basepoint Oy and strengthens its position on the Finnish infrastructure market

STOCKHOLM, 27 May 2013 - By acquiring Basepoint, Cad-Q, part of Addnode Group’s
business area Design Management, strengthens its position and increases the
delivery capacity and software development to the Finnish infrastructure
industry.
Basepoint Oy with an annual turnover of 10 MSEK specializes in developing own
map-based, infrastructure planning and maintenance systems based on Autodesk
software products. Basepoint was established in 1992 and its customers include
municipalities, cities, water producers, district heating companies, electricity
companies, engineering companies and educational institutions.

Cad-Q's operations in Finland will after the acquisition have revenue of approx.
130 MSEK and employ 56 professionals.

“Strategically, this is right for the company, for our employees and for our
customers. In a world where Building Information Modeling (BIM) is becoming the
norm and our customers' need of good advice is growing, the access to Cad-Q with
their Finnish and Nordic organization will help us progress”, says Timo
Väyrynen, Development manager, Chairman of the Board, Basepoint Oy.

“Basepoint’s product family and know-how of the infrastructure industry will
increase our presence on this market and give us an even better opportunity to
contribute to our customers’ further growth. Basepoint also brings technology
and own products that will strengthen Cad-Q’s position as software developer.
Together with Cad-Q’s Naviate product family, Basepoints products will
strengthen our offering on the Finnish market“, says Rolf Kjaernsli, Managing
director Cad-Q and head of Business area Design Management.

The parties have decided not to reveal any details about the transaction.
For more information, please contact:

Rolf Kjærnsli, Head of Business Area Design Management and Managing Director,
Cad-Q
Phone: +47 915 75 961
E-mail: rolf.kjaernsli@cad-q.no

Johan Andersson, Head of Business Development & Communications, Addnode Group AB
Phone: +46 704 205 831
E-mail: johan.andersson@addnodegroup.com