08. April 2022 - Elop's AI business unit Simplifai has signed a strategically
important agreement with Foreningen DGI Byen and a partnership agreement with
Knowit Solutions. This marks a breakthrough for the company in Denmark, a market
that will be important going forward.

Through the distribution partnership agreement with Knowit Solutions, Simplifai
has signed the customer Foreningen DGI Byen, a hotel and event center in
Copenhagen, serving about 1 million customers annually. 

- We are delivering our digital employee for email management in their customer
center. The digital employee will automate email handling and management, which
will improve the responsiveness and opening hours. It will also take away
repetitive task from their existing staff, enabling them to spend more time on
quality service, says Bård Myrstad, CEO of Simplifai.

The Danish market represents a great business potential for Simplifai, and with
more deals to come, according to Myrstad. 

- We are currently in the final stages of securing two major consulting partners
within the financial services and insurance sector and public sector in the
Danish market, says Myrstad. 

Knowit Solutions Denmark AS is a renowned consultancy firm and supplier of
digital transformation and innovation services in the Danish market, supporting
companies and organizations in the digital transformation.

For more information, contact:

For press/media:
Stian Thorsrud, Head of Communications and Marketing, tel: +47993 00 003
Bård Myrstad, VP Simplifai, tel: +47 415 03 263
Øivind Horpestad, Executive Chairman of Elop, tel: +47 910 00 626

For investors:
Kim Boman, CFO of Elop, tel: +47 959 63 912

About Elop AS
Elop is a Norwegian technology company that has developed tools and digital
solutions to inspect, monitor and manage infrastructure worldwide. The company's
technology portfolio includes a patented ultrasound technology for inspection
and analysis of critical infrastructure. Through data-driven and AI-based
solutions for inspection and predictive maintenance of concrete infrastructure,
Elop's vision is to provide asset owners with solutions that improve safety,
extend asset lifetime, minimize total lifecycle cost and environmental
footprint. Elop is headquartered in Norway. For more information: www.elop.no

About Simplifai
Simplifai is Elop's AI business unit. It supports Elop with developing
data-driven and AI-based solutions for inspection and monitoring of critical
infrastructure. Simplifai operates as a stand-alone business where it develops
automation solutions using artificial intelligence to help clients across
numerous industry sectors to grow efficiently. For example, Simplifai's Digital
Employee solutions can automate labor intensive work process where natural
language communication including email, chat or documents are central. This
includes customer relations, case handling, HR and accounting. Simplifai was
acquired by Elop in January 2021. For more information: www.simplifai.ai