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Enterprise migration and production deployment completed for major client

NEO BRegulatoriskt pressmeddelande19.05.2026 klo 11.15
Ladda ner börsmeddelandet

Neovici has completed a comprehensive enterprise migration and production deployment of Cosmoz for an existing major client in accordance with the agreement announced on 18 December 2025.

Over the weekend of 9–10 May, the customer’s production environment was migrated from Neovici’s managed hosting environment to the customer’s own hosting environment in a comprehensive migration carried out in live production without any disruption to ongoing operations. Users are now working in the new environment and the project has entered a six-week hypercare period focusing on stability, monitoring and quality assurance following the go-live.

Upon completion of the hypercare period, which is scheduled to run until 21 June 2026, the next payment relating to the project will be made in accordance with the terms of the agreement. The payment amounts to SEK 20 million.

In parallel with the completed migration, the customer has indicated that, as part of a long-term review of its future system landscape, it intends to introduce alternative solutions and, over time, replace parts of the current Cosmoz-related workflows and support services.

Based on the information Neovici has received from the customer to date, this does not affect the ongoing delivery, the hypercare period or existing contractual obligations as of the date of this announcement. The customer has further stated that the support agreement will continue to run in accordance with the current terms and conditions
.
CEO Jan Berggren comments:
“The phased transition communicated by the customer is expected to take place over a period of at least one year, which gives Neovici time to win new customers, adapt its operations over time and continue to build on the market position the company has established within intelligent automation solutions for large and complex organisations.”

For further information, please contact


Jan Berggren
CEO and founder
+46706151001
jan.berggren@neovici.com

About Neovici


Neovici AB, established in Stockholm in 2009, is a leading provider of automated financial and related services through the innovative SaaS platform, Cosmoz. The company delivers AI-driven automation tools that process billions in transaction volume annually for major enterprises across retail, energy, and telecom sectors, with operations in both the Nordic region and Latin America.
Neovici AB is a wholly owned subsidiary of Neovici Holding AB (publ), the listed parent company. In 2024, Neovici Holding AB was listed on Nasdaq First North Growth Market.

Read more: https://www.neovici.com.

Certified Adviser 
Certified Adviser for Neovici is Eminova Fondkommission AB | + 46 8 684 211 10 | adviser@eminova.se

This information is information that Neovici is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2026-05-19 10:15 CEST.

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Enterprise migration and production deployment completed for major client