(Oslo, Norway, 2 February 2022) Arribatec Marine, a subsidiary of Arribatec
Group ASA (Arribatec, OSE: ARR) today announces the deployment of InfoShip
Performance on 28 LNG vessels. The contract has a value exceeding NOK 13
million.

"This is a significant contract for Arribatec Marine and an important milestone
in the maritime sector. We are ambitious and continue to invest in our solutions
that drive the continuous digitalization for the maritime sector," says Agostino
Fiorentino, newly appointed managing director of the global Arribatec Marine
organization. 

Arribatec Marine has entered into an agreement with the operator of the
third-largest LNG fleet to deploy InfoShip Performance across 28 vessels. 

"With this new contract, we are also showcasing the rest of our InfoShip product
portfolio to one of the most innovative and demanding clients in the market
today. Our product portfolio is unique in the maritime sector, and combined with
the rest of the Arribatec solutions, we believe we can significantly grow our
share of the market," Fiorentino continues.

The contract has a total value exceeding NOK 13 million, of which NOK 8 million
are recurring revenues. 

"Arribatec sees a strategic value in our solutions for the maritime cluster and
will continue to invest to achieve a leading position in our defined areas. We
integrate our marine solutions with our ERP and Hospitality offerings to deliver
on our One Solution strategy. The first ship management company is already live
on our ERP platform. This was the rationale behind the acquisition of IB a year
ago, and we see that the strategy is now starting to yield results," says
Arribatec CEO Geir Johansen. 

ENDS

For additional information, please contact: 

Geir Johansen, CEO, Arribatec Solutions ASA: +47 477 10 451
Martin Nes, Chairman of the Board, Arribatec Solutions ASA: +47 920 14 814

About Arribatec | www.arribatec.com
Arribatec is a software and consulting company headquartered in Oslo. With a
customer-centric engagement model, combined with a deep system, integration, and
domain competence, Arribatec builds long-term strategic partnerships with a
broad customer base. Arribatec serves more than 1000 customers across 19
countries in various industries, both private and public. The company employs
over 400 people, with offices in 18 countries, and is listed on the Oslo Stock
Exchange under the ticker code ARR.