Ayfie Group AS Announces the Resignation of Siw Ødegaard as Acting CEO of the Company, Effective 31 July 2021

Ayfie Group AS is a Norway-based provider of digital products related to data search, GDPR compliance, and APIs for developers. The Company's solutions combine linguistics-based natural language processing and modern machine learning to form AI to efficiently identify critical insights, conduct smart search and power business intelligence solutions. Ayfie Group is a boutique provider of digital products related to data search, risk and compliance. The Company's business model is based on subscriptions, with contract lengths of typically 1-3 years. It is focused on on-premise installations of the software products for corporate search. Ayfie Group maintains and develops this product as well as sales area.