OSLO, Norway - Crayon Group Holding ASA today announced that one of its
subsidiaries has agreed to a multiyear, approximately NOK 90 million software
asset management services contract with a multinational aerospace company.

This agreement showcases Crayon's preeminent global SAM capabilities for the
enterprise.

"We have a world-class SAM practice that's built upon 20 years of expertise in
this area," said Crayon CEO Melissa Mulholland. "This customer is going to
realize significant cost-savings that they can then use to innovate and further
grow their business."

Crayon has been named a Leader in the Gartner Magic Quadrant for Software Asset
Management Managed Services for the past two years.

"Our knowledge was built through our customer-centric approach because we've
always committed to providing the right solutions and services to our clients,"
Mulholland said.

Media contact: 
Melanie Coffee
PR and Media Relations Director
Melanie.Coffee@crayon.com
+47 46 74 86 48

Investor contact: 
Magnus Granerød
IR Manager
ir@crayon.com
+47 922 38 407
 
About Crayon
Crayon is a customer-centric innovation and IT services company with over 3,300
employees across nearly 40 countries. We provide the best solutions for our
clients' business needs and budgets in software, cloud, AI, and big data. For
more information, visit www.crayon.com.

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© Oslo Bors ASA, source Oslo Stock Exchange