He is an experienced technology strategist - who has a track record in helping prospects and customers to make strategic decisions which impacts the entire business. Tom's previous position as Regional Sales Director for Plangrid saw him involved in the sales of some of the largest deals across the EMEA region, including the world's largest Wood/Concrete hybrid building based in Switzerland. Tom's sales experience spans from traditional methods to non-traditional sales methodologies.

Brendan O'Riordan, CEO of Zutec, said:

`I am delighted to welcome Tom to the Zutec team - I have no doubt that Tom will be an excellent addition to the team bringing a wealth of experience which can only be a positive for the company going forward.'

Tom Boland, Zutec's General Manager in the UK, said;

`Tom's joining the UK business offers a new and exciting period for the UK growth as we move towards a more digitised construction environment'

For further information, please contact:

Brendan O'Riordan CEO of Zutec Holding AB; brendan.oriordan@zutec.com

The company is listed on Nasdaq First North and Mangold Fondkommission AB is the Company's acting Certified Adviser (Tel. + 46 8 5030 1550, CA@mangold.se, www.mangold.se.)

About Zutec Holding AB

Zutec develops and markets cloud-based software solutions, primarily directed to companies within the building and construction industry. The Company's products help clients to increase their productivity and cost efficiency. Zutec provides solutions within project management, data and document collaboration tools, data enriched 3D-models, defect management, project handover and the operations and maintenance of buildings.

To find out more please visit www.zutec.com