Elecosoft Regulatory News (ELCO)

Elecosoft plc

("Elecosoft", the "Company" or the "Group")

Directorate Appointments

Elecosoft plc (AIM: ELCO), the AIM-listed construction software specialist, is pleased to announce the appointment of Anders Karlsson and Kevin Craig as Executive Director and Non-Executive Director, respectively.

Erik Anders Karlsson (Anders), aged 52, has over 23 years' experience across the software development, digital and industrials sectors and has held numerous Chief Executive and board level positions during his career. Anders is CEO of the Company's wholly owned subsidiary, Consultec Elecosoft AB, overseeing the successful expansion phase of the company's lifecycle. Previously he held similar senior roles within the software development and digital space including CEO of Zone Systems between 2010 and 2014 and Managing Director at Consultec Byggprogram AB between 2005 and 2010. Anders has also held a board position at Visit Skelleftea.

Executive Chairman, John Ketteley said, "I am delighted to welcome Anders Karlsson as a Director of Elecosoft. He has had a distinguished career in the Swedish Software industry and under his leadership, Elecosoft Consultec AB, has become the largest revenue generator in the Elecosoft Group. He has also assembled a very strong and well balanced management team and I look forward to working with him as Elecosoft continues its expansion in Scandinavia."

Kevin Craig, aged 45, is Founder and CEO of PLMR one of the UK's top communication firms. Kevin has spent his career across the public and private sector advising a whole range of clients from political lobbying, PR to crisis management. Most recently Kevin has been involved in a number of significant transactions across the healthcare and infrastructure sectors. Kevin previously spent time with the PR arm of Saatchi and Saatchi and was a founding member of the lobbying and PR practice of global law firm DLA Piper. Kevin is also a trustee of the Elizabeth's Legacy of Hope Charity and a former Olympic torchbearer.

Executive Chairman, John Ketteley said, "Kevin Craig has had a remarkably successful career in the financial, political and media advisory fields and as a consequence I believe that he will provide our board with considerable and unique insights into markets and situations in which we are involved from a perspective that is unique, well-informed and well-balanced."

About Elecosoft plc

Elecosoft is listed on the Alternative Investment Market in London (AIM: ELCO). It is a specialist international provider of software and related services to the architectural, engineering, construction and digital marketing industries from centres of excellence in the UK, Sweden, Germany and the US. Elecosoft's market leading software solutions are developed by teams in the United Kingdom, Sweden and Germany; and its software programs cover project management, construction site management, estimating, timber engineering, 3D design and visualisation, and cloud based digital marketing solutions.

For more information, please visit www.elecosoft.com

Regulatory Disclosures

The following disclosures are required regarding Anders Karlsson's appointment pursuant to Schedule Two paragraph (g) of the AIM Rules for Companies:

Current directorships and partnerships:

Elecosoft Consultec AB

Consultec Group Aktiebolag

Past directorships and partnerships held over the last 5 years:

Zone Systems AB

Anders holds 15,000 shares in the Company.

No further disclosure is required under AIM Rule 17 and paragraph (g) to Schedule Two of the AIM Rules with respect to Anders Karlsson.

The following disclosures are required regarding Kevin Craig's appointment pursuant to Schedule Two paragraph (g) of the AIM Rules for Companies:

Current directorships and partnerships:

Advanced Communications Professional Services Limited

Company Shop Limited

Community Shop C.I.C

PLMR Holdings Limited

PLMR Properties Limited

2 Chelsham Road Management Company Limited

Political Lobbying & Media Relations Limited

Past directorships and partnerships held over the last 5 years:

Durand Academy Trust

Trinity London Academy Trust

London Horizons Limited

Kevin has no shareholding in the Company.

No further disclosure is required under AIM Rule 17 and paragraph (g) to Schedule Two of the AIM Rules with respect to Kevin Craig.

The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.