Malmo, Sweden, March 8, 2018 - Hoylu, a leading enterprise collaboration company announced today that it has received an order from Walbridge, a global, full-service construction firm headquartered in Detroit, MI. Walbridge is the 50th largest contractor in the United States, according to Engineering News-Record. The firm is consistently ranked as the top U.S. builder of auto facilities and in 2016 was ranked No. 8 globally for manufacturing construction. The order represents an expansion of Hoylu's business within the construction industry with high-end architectural design and delivery.
The order, which will be delivered in Q1 2018, will provide Walbridge with the full Hoylu Huddlewall product system, as well as the licensed Hoylu Software Suite for conference rooms and personal subscription accounts for employees. This purchase represents an initial deal value of over SEK 330,000 in product and software revenue and continues to solidify Hoylu's presence inside the construction industry, which includes existing customers and partners like Suffolk, Skanska, Whiting Turner, Bond Brothers, BIMobject and several other global leaders within the sector.
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
About Hoylu
Hoylu delivers solutions to allow enterprises to plan, assemble and evolve with a focus on enriching the user experience. The Hoylu Suite delivers a comprehensive set of personalized digital workspaces to enable teams across locations, on any device, to work smarter and with more fun across major industries including Engineering, Pharmaceutical, Construction, Manufacturing, Travel, Hospitality, Graphic Design and many more. The Hoylu Suite allows users to create and share workspaces for free form sketching, drawing, mark-ups and organization of documents, pictures, video-links and other types of content on an infinite canvas. The Hoylu Suite is built to be easy to use and engaging with the objective to enhance productivity and simplify work processes for teams and people across multiple disciplines, while working in the same room or in multiple locations.
For more information visit: www.hoylu.com or www.introduce.se/foretag/hoylu
Ticker symbol: Hoylu
Marketplace: Nasdaq First North Stockholm
Certified Adviser: Mangold Fondkommission AB +46 (0) 8 50 301 550
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 March 8, 2018.