Malmo, Sweden, December 14, 2017 - Hoylu, a leading enterprise collaboration company announced today that it has added a substantial new global Consumer Goods corporation to the growing portfolio of Hoylu software customers.
The order represents a software-only License opportunity, which will be delivered in Q4. This is the first major SAAS-only sale of the new Hoylu Software Suite, and is expected to expand further within the company throughout 2018. The Hoylu Software Suite will be installed on existing display screens, which will reclaim significant hardware investment made by the corporation in over 40 separate collaboration centers that will now run Hoylu software. In addition, personal edition licenses will be distributed to individual employees for use on laptops and personal devices. This purchase represents deal value of over SEK 265,000 in initial, first year subscription revenue.
Hoylu's solutions and software offer new and exciting ways to work better, faster and more efficiently. Based on years of research, the Hoylu Software Suite is designed from the ground up to offer the best possible user experience for individual and multiple users working with ideation, creative collaboration and presentations.
For more information, please contact:
Stein Revelsby, CEO at Hoylu +1 213 440 2499 Email: sr@hoylu.com
Karl Wiersholm, CFO at Hoylu +1 425 829 2316 Email: kw@hoylu.com
Hoylu AB
Hoylu delivers solutions for presentation, ideation and collaboration that focus on enhancing the user experience. The company's main area of interest is software for Creative Collaboration, combined with intuitive input and display technologies. This includes technologies for remote collaboration, Internet of Things and for connecting workspaces in different locations together, with the objective of simplifying work processes while improving productivity and creativity. For more information: www.hoylu.com or visit www.introduce.se/foretag/hoylu
Ticker symbol: Hoylu
Marketplace: Nasdaq First North Stockholm
Certified Adviser: Mangold Fondkommission AB +46(0)850301550
Publication
This information is information that Hoylu AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at (8:30) CEST on December 14, 2017.