QPR Software - Company Announcement

MARKET COURT ANNULLED PROCUREMENT DECISION MADE BY THE CITY OF HELSINKI

QPR SOFTWARE PLC          STOCK EXCHANGE RELEASE         8 NOVEMBER, 2016 AT
8.00 AM 

QPR Software was informed that the Finnish Market Court has annulled the
procurement decision made by the City of Helsinki to choose QPR Software’s
offer of delivering its process modeling and enterprise architecture tool as a
service. The procurement decision was made for a contract period of 4 years and
valued at EUR 1.5 million. 

Procurement agreement has not been signed, and QPR has not delivered services
or booked income based on the procurement decision.  In its decision, the
Market Court orders the City of Helsinki not to make a procurement agreement
based on the procurement decision. 

QPR announced the procurement decision with a stock exchange release on July 3,
2015; as well as the competitor’s claim for correction on July 27, 2015. 

QPR Software Plc

Neither this press release nor any copy of it may be taken, transmitted into or
distributed in the United States of America or its territories or possessions. 

DISTRIBUTION:

NASDAQ OMX Helsinki Ltd
Major media
www.qpr.com