New Segment for Rejlers – IT Solutions

Regulatory News:

Rejlers (STO:REJL)

In order to coordinate our efforts within the field of digitised technology solutions, we are establishing a new Nordic segment, IT Solutions, which will offer comprehensive IT solutions, primarily within the energy sector. Operations are located in Norway, Sweden and Finland and account for approximately 15 per cent of Rejlers' total revenue.

IT Solutions offers IT services and products within energy and infrastructure. IT Solutions also encompasses traditional IT services, cloud services and an advanced and modern centre for the provision of customers’ IT environments. The new segment builds on the activities of the Norwegian subsidiary Rejlers Embriq, which was acquired in October. Rejlers Embriq supplies IT operating services to customers across the Nordic region and is Norway's leading expert in the development and delivery of the next generation of Smart Grid (smart electricity networks).The segment also includes the activities of the subsidiaries Rejlers Energitjänster and ComIT Rejlers, as well as the associate Mirakelbolaget and the business for Metering services in Finland.

"The market for IT Solutions is driven strongly by the world's increased demand for efficient and environmentally friendly solutions. It means that there is also increased demand for sophisticated IT systems and ongoing services.The technology is developing rapidly, and all physical infrastructure is being digitised. Access to skills and strategic use of IT becomes even more important in the future. Rejlers is in an excellent position on this growing market,” says Thomas Pettersen, Head of IT Solutions and CEO of Rejlers Embriq.

Rejlers is one of the largest engineering consultancy firms in the Nordic region. Our 2,100 experts work with projects within the areas of Building and property, Energy, Industry and Infrastructure. With us, you will meet specialist engineers with the breadth, cutting edge expertise and not least energy to create the results you want. We are continuing to grow rapidly and our activities are spread across 80 locations in Sweden, Finland and Norway. In 2014, Rejlers had revenue of SEK 1.7 billion and its Class B share is listed on Nasdaq Stockholm.

Rejlers discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act.The information was submitted for publication at 08.00 am on February 5th 2016.

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