Contract with Norsk Tipping

OSLO, 25. October 2017

Induct AS has signed a software subscription contract with Norsk Tipping in Norway. Norsk Tipping is a government-owned limited company which offers games that create excitement and entertainment. Norsk Tipping has 400 employees, and every week the games they offer pay out millions in prize money. The games generate profits for Norsk Tipping of NOK 12 million each day, profit that benefit good causes.

The games include Tipping, Oddsen, Lotto, VikingLotto, Joker, Flax, Keno, Extra, Nabolaget, Eurojackpot, Multix, and Belago.

The contract covers NOK 150.000 in yearly subscription and NOK 162.000 in implementation services.

«We are very happy to welcome Norsk Tipping as an Induct client. We look forward to help Norsk Tipping in achieving their strategic goals more efficiently” , said CEO Alf Martin Johansen in Induct.

This is a contract in the vertical Enterprises, which is one of the five verticals Induct focuses on (Health, Municipalities/cities, Enterprises, Education and Humanitarian sector).

For further information, please contact:
Alf Martin Johansen, Chief Executive Officer
+47 90 17 94 35
amj@inductsoftware.com

About Induct
Based on eight years of collaboration with over 250 organizations, Induct offers innovation communities, delivered as "Software as a Service," that enable organizations to create, manage, track and measure the innovation process from idea creation through to final implementation and impact reporting. Induct enables its customers to connect with each other in larger networks to share best practices, while deploying and monetizing initiatives - all within a secure, collaborative, and access-controlled cloud-based network. Induct is listed on the Merkur Market list on the Oslo Stock Exchange with the ticker INDUCT-ME. Induct: “Connecting Innovation Communities™”

 

 

Posted on October 26, 2017 and filed under Company news, Stock announcements, Investor relations.