Changes in business model affect the subsidiary Cad-Q

STOCKHOLM, October 14, 2015 – Addnode Group's subsidiary Cad-Q sells as part of
its offering software from Autodesk Inc. Autodesk has decided to change its
business model to a subscription form. The business model for Cad-Q's sales of
Autodesk Software will as result be changed. The change reduces the barrier for
our customers to invest in new products and services and increases our recurring
revenue. Initially this will affect the result negatively.
Cad-Qs sales of Autodesk licenses will gradually shift to a new model where,
instead of purchasing the licenses, the customer will subscribe to the products
monthly, quarterly, annual or multi-annual basis. After 1 August 2016, no
Autodesk licenses will be sold.

The customers that have purchased licenses will continue to own and have full
rights to use these licenses, and customers with existing maintenance agreement
for licenses will have the same benefits as long as they continue to renew their
maintenance.

"We are the leading provider of software and services for design, engineering
and product data information in the Nordics. The transition to a rental-based
business model for Autodesk products means that we can reach more customers and
build up an even greater proportion of recurring and predictable revenue
streams," says Staffan Hanstorp, President and CEO, Addnode Group.

The underlying volume of business does not change, but the transition will
initially provide a negative impact on the reported net sales, earnings and cash
flow. The change is due to that licenses are recognized in the P&L when they are
sold as a subscription contract is recognized as the software is used. Cad-Q
will increase sales of own products and services and adapt the organization and
implement cost savings. The assessment is that the above described changes mean
that earnings in 2016 will be affected negatively by approximately SEK 15
million. Fiscal year 2019 earnings are expected from Autodesk products to again
be at the same level as before the transformation.

Cad-Q is a subsidiary of Addnode Groups business area Design Management.

The information in this press release is such that Addnode Group AB must publish
under the Securities Market Act and/or the Financial Instruments Trading Act.
The information was released for publication on October 14, 2015, at 08:00 a.m.
For more information:

Staffan Hanstorp, CEO and President, Addnode Group AB
Tel: +46 (0) 733 77 24 30, mail: staffan.hanstorp@addnodegroup.com

Johan Andersson, CFO and Head of Investor Relations, Addnode Group AB
Tel: +46 (0) 704 205 831, mail: johan.andersson@addnodegroup.com
About Addnode Group

Addnode Group offers operation-critical IT-solutions to selected markets within
both private and public sectors. We acquire, build and develop companies that
deliver operation-critical IT solutions for specific needs from our customers.
Every day, 500,000 engineers use our systems to develop and maintain products,
buildings and installations. 100,000 employees in the public sector use our
solutions for municipal and government management.
We have 1,150 employees in Sweden, Austria, Denmark, Finland, Germany, India,
Norway, Slovakia, the UK and the US and Serbia. Net sales in 2014 amounted to
SEK 1,599 M. Addnode Group's Series B share is listed on the Nasdaq Stockholm,
Small Cap. For more information, please visit www.addnodegroup.com.