Ayfie International Secures NOK 270,000 Annual Contract with Halden Municipality - Pioneering AI Access for All Municipal Employees

04 Dec 2024 14:09 CET

Ayfie International ASA (OSE: AIX), already delivering advanced AI capabilities
to more than 10 Norwegian municipalities, announces that Halden Municipality has
selected Ayfie through a competitive tender process. The contract, representing
an annual recurring revenue of over NOK 270,000, brings enterprise-wide AI
access to all municipal employees.

The solution is already fully operational and actively used by Halden
Municipality employees. It enables instant access to organizational knowledge
using advanced artificial intelligence technology, with all authorized employees
leveraging the latest information while maintaining strict access controls and
data security within their infrastructure. A key factor in Halden's decision was
maximizing the value of taxpayer resources by enhancing municipal services and
operational efficiency through AI.

"Halden Municipality shows remarkable foresight by making AI capabilities
accessible to their entire workforce," said Herman Sjøberg, CEO of Ayfie
International. "Their commitment to enhancing services and optimizing taxpayer
resources through innovative technology sets a strong example for others. We're
witnessing strong momentum in the public sector's adoption of secure AI
solutions as municipalities strive to keep pace with technological
advancements."

This initial implementation represents the foundation for Halden's AI
capabilities. Additional enterprise applications and data sources can be
integrated with Ayfie's platform over time, expanding both the utility for
Halden and the scope of the partnership.

The successful deployment demonstrates how local governments can rapidly and
securely implement AI technology while maintaining full control over
their sensitive data.

For further information, please contact:

Herman Sjøberg
CEO, Ayfie International
Email: herman.sjoberg@ayfie.com
Phone: +47 92 66 22 33

About Ayfie International

Ayfie is a leading innovator in search technology and artificial intelligence
(AI), offering powerful AI-driven search and text analysis services. We leverage
Generative AI enhanced by a method called Retrieval Augmented Generation (RAG),
allowing businesses to apply advanced AI to their proprietary data securely. Our
technology enables the use of generative AI models that not only understand and
generate human-like text but also incorporate unique data to provide accurate
and relevant insights. Acting as an intelligent assistant, Ayfie quickly and
accurately identifies and extracts important information from a wide range of
documents and digital platforms, significantly improving efficiency and
productivity. With a strong focus on privacy and data security, Ayfie positions
itself as a secure and reliable AI partner for businesses worldwide, making
cutting-edge AI accessible while safeguarding valuable data assets.

About Halden Municipality

Halden is a municipality in Viken county, Norway, known for its rich history and
forward-thinking approach to technology and innovation. With approximately
31,000 inhabitants, Halden continues to demonstrate leadership in adopting
modern solutions to enhance public services and administrative efficiency.

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