Ayfie International (AIX) enters into an agreement with Orkla Home & Personal Care

05 Nov 2024 14:11 CET

Oslo, November 5, 2024 – Ayfie International (Ayfie, OSE: AIX), a leading
provider of AI solutions, has entered into an agreement with Orkla Home &
Personal Care, a subsidiary of the publicly listed company Orkla ASA.
The agreement involves the delivery of 230 licenses for Ayfie's AI assistant.

In line with the development of AI in 2024, Orkla Home & Personal Care has kept
pace with widespread adoption and use for interdisciplinary applications. From
the AI month in February to the AI week at the end of October, the organization
has come out of the starting blocks for the implementation of AI, with Ayfie's
solutions playing a central role.

During the AI week, a series of inspiring sessions were held, including a
humorous yet serious presentation by Thomas Seltzer on AI and quantum
technology, as well as a presentation from Google on what characterizes
companies that succeed with AI. The week was concluded by Ayfie, who
demonstrated our personal AI assistant and how we address barriers and
challenges related to further use.

Orkla ASA, the parent company of Orkla Home & Personal Care, is one of the
leading companies in brands and consumer-oriented businesses. Orkla ASA has
around 20,000 employees globally and has a significant presence in the global
market.

The agreement amount is not Public.

Number of licenses: 230. Product: Ayfie Personal Assistant (AI).

For further information, please contact:
Olav Gram Degnes, CFO/IR
Tel: +47 906 25 168
E-mail: olav.degnes@ayfie.com

About Ayfie: Ayfie is a leading innovator in search solutions and artificial
intelligence (AI), offering a powerful AI-driven search product. This product is
specially designed to transform extensive text data into useful insights by
utilizing advanced ChatGPT technology. Ayfie's solutions function as an
intelligent assistant that quickly and accurately identifies and extracts
relevant information from a wide range of documents and digital platforms,
contributing to significant improvements in efficiency for users. As an
integrated plugin to Microsoft Copilot, and with a strong focus on privacy,
Ayfie establishes itself as a secure and reliable AI partner for businesses
internationally.

More information:
Access the news on Oslo Bors NewsWeb site