Mr. Steve Sadler reports

ENGHOUSE ACQUIRES TRAFI

Enghouse Systems Ltd. has acquired, through a wholly owned subsidiary, Trafi Ltd., a leading provider of mobility-as-a-service (MaaS) solutions based in Lithuania.

Trafi offers a scalable and comprehensive MaaS platform designed to integrate complex transport networks into a single, user-centric application. The company's white-label product enables cities and public transport authorities to connect various mobility options. These include public transport, car rental, taxi and micromobility (bicycles and scooters), integrated into a unified, truly multimodal journey planning platform. Trafi's solutions are trusted by major cities such as Berlin (Jelbi), Brussels (Floya) and Solent (Breeze).

"We're excited to join Enghouse and combine Trafi's cutting-edge MaaS technology with their global footprint and deep expertise in ticketing solutions," said Damian Bown, chief executive officer of Trafi. "Together, we can accelerate and bring integrated, user-friendly mobility experiences to even more cities around the world."

"Trafi enhances our transportation mobility solutions portfolio by adding a robust MaaS platform that integrates multiple transport modes into a seamless user experience," said Steve Sadler, chairman and chief executive officer of Enghouse. "We are very pleased to welcome Trafi's customers, partners and employees to Enghouse."

About Trafi Ltd.

Founded in 2013 and based in Vilnius, Lithuania, Trafi has been revolutionizing urban mobility by providing state-of-the-art MaaS solutions. The company's platform is designed to manage even the most complex transport systems, offering features such as real-time data mapping, in-app ticketing and payments, and comprehensive data analysis tools. Trafi's mission is to empower cities to tackle mobility challenges and achieve ambitious sustainability objectives.

About Enghouse Systems Ltd.

Enghouse Systems is a Canadian publicly traded company that provides vertically focused enterprise software solutions focusing on contact centres, video communications, health care, telecommunications, public safety and the transit market. Enghouse has a two-pronged growth strategy that focuses on internal growth and acquisitions, which are financed through operating cash flows. The company has no external debt financing and is organized around two business segments: the interactive management group and the asset management group.