In 2013, Lodha acquired its first London site. Today the company has landmark developments to its credit including India's luxury residential tower, World One in Mumbai and Palava City nearby - an integrated smart city spread over 4500 acres.

Working with the well established contractor Mace, Lodha are creating a beautiful high end commercial and residential development in London, in the form of No 1 Grosvenor Square - `The World Most Desirable Address'. Lodha likes to take inspiration from the surroundings and history of each area of development, creating commercial and residential developments for the future, with respect to the past.

As this is the first time for Zutec to work with Lodha we are delighted to announce our involvement in such a prestigious and significant development.

Zutec look forward to a long and productive working relationship with Lodha in to the future.

For further information, please contact:

Brendan O'Riordan CEO of Zutec Holding AB; brendan.oriordan@zutec.com +35386 8568971

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