Innofactor Oyj - Company Announcement

Innofactor to deliver Enfo Zender a Microsoft Dynamics AX-based financial management services platform

Innofactor Plc Stock Exchange Release November 28, 2014, 16:05 Finnish time



Innofactor Business Solutions Oy, which is part of Innofactor Group, has
entered into an agreement with Enfo Zender Oy to deliver a Microsoft Dynamics
AX-based financial management services platform to Enfo Zender. The value of
the agreed first phase of the project is about 0.5 million euros. The agreement
includes an option for further development of the platform. The solution is
planned to be delivered during the years 2014 and 2015. 

”The platform to be delivered by Innofactor will be part of Enfo Zender's
ZmartFinance project, in which a generic financial management services platform
is conceptualized and implemented. With this platform, Enfo Zender will offer
financial services to its customers. The ZmartFinance project is strategically
significant for Enfo Zender and the implemented platform will be the core of
new business”, says Enfo Zender's Business Director Laura Rantanen. 

”For Innofactor, this deal is significant and further strengthens Innofactor's
position as a supplier of Microsoft Dynamics Enterprise Resource Planning
systems in Finland. Innofactor's offering covers Microsoft Dynamics AX and
Microsoft Dynamics NAV”, states Sami Ensio, CEO of Innofactor. 

Enfo Zender, a Finnish subsidiary of Enfo Oyj, is an IT service provider
specialized in financial outsourcing services. Enfo Zender employs 120 IT and
financial management professionals. www.enfo.fi 



Espoo, November 28, 2014

INNOFACTOR PLC

Sami Ensio, CEO



Additional information:

CEO Sami Ensio, Innofactor Plc
Tel. +358 50 584 2029
sami.ensio@innofactor.com

Distribution:

NASDAQ OMX Helsinki

Principal media

www.innofactor.com



Innofactor is one of the leading Nordic IT solution providers focused on
Microsoft platforms. Innofactor delivers business critical solutions and
maintenance services as a system integrator and develops its own software
products and services. Innofactor's own product development is focused on
Microsoft's Windows Azure-based cloud solutions. Innofactor's customers include
over 1,000 private and public sector organizations in Finland, Denmark, Sweden
and elsewhere in Europe. The company has about 400 motivated and skilled
employees in a number of locations in Finland, Denmark, and Sweden. From 2009
to 2013, Innofactor's annual net sales growth has been 43 percent on average.
Leading Finnish business publication Kauppalehti selected Innofactor as the
most successful company on the Finnish stock exchange in 2013. The Innofactor
Plc share is listed in the technology section of the main list of NASDAQ OMX
Helsinki Oy.