Italeaf: Softeco (TerniEnergia Group) and Fincons awarded a framework contract to EASA for new aviation safety platform

PRESS RELEASE 23 SEPTEMBER 2019

Italeaf: Softeco (TerniEnergia Group) and Fincons awarded a framework contract to EASA for new aviation safety platform

• The refactoring frame-work contract for the ECCAIRS system, developed by Softeco, will be on a three-year basis for a total amount of approximately Euro 3.5 million.
• The new E2 platform will assist national and European transport bodies in collecting, sharing and analysing their information, in order to improve the safety of civil aviation transport.

TerniEnergia, smart company listed on MTA of Borsa Italiana and part of the Italeaf Group, announces that the Group's digital company, Softeco Sismat, in partnership with Fincons S.p.A., has won the tender launched by EASA (European Aviation Safety Agency) based in Cologne (DEU) for the development of a new platform for aviation transport safety based on the refactoring of the ECCAIRS system.

The three-year frame-work contract (2019-2021) provides for the assignment of works to three different groups, for a total amount of Euro 3.5 million.

The consortium formed by Softeco and Fincons S.p.A., an international IT consulting firm, will develop and implement the new platform to be called ECCAIRS 2.0 (in short E2).

The refactoring of the current version of ECCAIRS (European Coordination Centre for Accident and Incident Reporting Systems) in a completely new version, using the latest technologies, is the main objective of the E2 project. The decision was taken by the European Commission Directorate-General DG Move, which will transfer the management of the ECCAIRS suite from the Joint Research Centre (JRC) in Ispra (Varese) to EASA from 2020.

Softeco Sismat, a digital company of the TerniEnergia Group (which in its industrial turnaround process also focuses decisively on the sectors of emobility, sustainable and safe management of transport and digitization and electrification of the mobility chain), has developed, since 1995, the original platform ECCAIRS. It is a solution composed of different applications, with advanced features designed to assist national and European transport authorities in collecting, sharing and analyzing their safety information in order to improve the safety of civil air transport, under the auspices of the Joint Research Centre (JRC) in Ispra (VA).

TERNIENERGIA (TER. MI), established in September 2005 and part of the Italeaf Group, is the first Italian global technological enabler, committed to bringing energy solutions and efficient recovery of integrated and sustainable resources to the world. Organized into two strategic business lines (Assets and Smart solutions and services), with about 300 employees and a geographical presence worldwide, with operative and commercial offices, TerniEnergia develops innovative solutions, products and services based on digital and industrial technologies for the energy supply chain, grids, smart mobility, industrial automation and the recovery of marginal resources. TerniEnergia, also through its subsidiaries (Softeco Sismat, Greenled Industry, GreenAsm, GreenAsm, Purify, Wisave, Ant Energy), pursues the objectives of increasing energy production from renewable sources, saving energy and reducing emissions and actively participates in the energy revolution of distributed power generation and smart grids, with innovative digital solutions.

TerniEnergia is the ideal partner for large utilities, distribution operators and network operators, energy producers, public administrations, industrial customers and investors who intend to realize large projects for the production of renewable energy, modern systems and plants with high energy efficiency, solutions for the management and maintenance of infrastructure and electrical installations. TerniEnergia has completed its transformation from a leader in the international photovoltaic market into a smart energy company and technological enabler for the sustainable use of resources through a complete commercial offer of solutions, the development and supply of digital technologies and the creation of "intelligent" services and solutions aimed at public and private customers in emerging sectors.

TerniEnergia is listed on the MTA of Borsa Italiana.

This press release is also available on the Company website:

Italeaf SpA is obliged to make public this information pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out below, at

07.00 CET on 23 September 2019.

Certified Adviser

Mangold Fondkommission AB, +46 (0)8 5030 1550, email: , is the Certified Adviser of Italeaf SpA on Nasdaq First North.

For further information please contact:

Claudio Borgna CFO – Italeaf S.p.A.

Email:

Italeaf SpA, established in December 2010, is a holding company and a business accelerator for companies and startups in the areas of innovation and cleantech. Italeaf operates as a company builder, promoting the creation and development of industrial startups in the fields of cleantech, smart energy and technological innovation. Italeaf has headquarters and plants in Italy at Nera Montoro (Narni), Terni, and at Milano.

The company controls the smart energy company TerniEnergia, listed on the MTA of the Italian Stock Exchange, Skyrobotic, active in the business development and manufacture of civil and commercial drones in mini and micro classes for the professional market, Numanova, operating in the field of innovative metallurgy and additive manufacturing, and Italeaf RE, a real estate company. Italeaf holds, among others, a minority stake in Vitruviano LAB, a research center active in the R&D sector for special materials, green chemistry, digital transformation and cleantech.

Attachment