Hansen Technologies : Nordic Energy Leader Gasum selects Hansen Technologies for Energy Data Management and Trading solution

November 18, 2019
Espoo, Finland-Hansen Technologies is pleased to announce the signing of a multi-year contract to deliver its next generation solutions for Energy Data Management (EDM) and cloud-based energy trading to Gasum.

Gasum is a forerunner in sustainable Nordic energy solutions and circular economy. As the leading supplier of biogas and distributor of liquified natural gas (LNG), Gasum activelyinvests in sustainable energy and together with its partners enables the path towards a carbon neutral future. Gasum's strategy of moving towards a cleaner future is underpinned by the expansion of the energy markets, investing in renewable energy and zero waste thinking. and continual digitalization of their operations including optimizing logistics and facilitating data collection and processing.

With GenerisCX EDM and UtilyticsCX Optitrade trading solutions, Hansen will enable Gasum as a sustainability frontrunner, with the automation of critical balance, forecasting, settlement, and energy supply chain management capabilities, helping them to digitalize key aspects of their business operations, stay ahead in the Nordic market and grow their business.

Mikko Askolin, Head of Operations Gasum, said: 'Hansen has an exceptional track record across the globe providing solutions to address the complexities of the evolving energy market. Gasum required a system that provided both standard and regulated Nordic market functionality, as well as flexible capabilities to give our specialists the tools necessary to adapt with the market and evolving customer needs. We evaluated the available EDM and trading solutions in the market, and found that Hansen's reputation, long history of proven global expertise, and leading solutions were the best to meet our business and market requirements.

John May, President Hansen Technologies EMEA, said: 'We are delighted to have been chosen by such a progressive and major energy player like Gasum. Hansen's GenerisCX is the only EDM system in the world to provide the level of functionality, flexibility and compatibility with Nordic regulations that a modern energy company needs. With our UtilyticsCX Optitrade solution, we enable our clients to maximize the value of their operations. Hansen is proud to provide our customers with competitive advantages, supported by over 40 years of industry experience.'

Hansen'sGenerisCXis the leading Energy Data Management solution and supports all commodities - electricity, gas, as well as district heating and cooling across all market roles. Hansen'sUtilyticsCX Optitradeprovides tools for automated trading in day-ahead, intraday and regulated power markets, greatly reducing the need for manual trading and boosting profits by generating optimal bids.

For further informationaboutGenerisCX,UtilyticsCX Optitradeand Hansen Technologies, please visit us atwww.hansencx.com.

For interviews or more information, please contact:

Stian Madsen, VP Marketing & Partners EMEA, Hansen Technologies+47 992 45 879 /[e-mail]

Mikko Askolin, Head of Operations, Gasum

[phone] /[e-mail]

About Gasum

Gasum is a Nordic energy company and the biggest distributor of liquefied natural gas (LNG) in the Nordic countries. Together with partners, Gasum promote development towards a carbon-neutral future on land and at sea. The Gasum Group has around 350 employees in Finland, Norway and Sweden, and is a fully state-owned company. Shares are held by state-owned Gasonia Oy (73.5%) and the State of Finland (26.5%).

For more information, visitwww.gasum.com

About Hansen Technologies

Hansen Technologies (ASX: HSN) is a leading global provider of software and services to the energy, water and communications industries. With its award-winning software portfolio, Hansen serves 550+ customers in over 80 countries, helping them to create, sell, and deliver new products and services, manage and analyse customer data, and control critical revenue management and customer support processes.

For more information, visit www.hansencx.com