Hoylu AB: HOYLU AND POLYMEDIA PROVIDE PRODUCT SOLUTIONS TO GROWING COLLABORATION MARKET IN RUSSIA

Published by jamie on

Malmo, Sweden, January 17, 2018 – Hoylu, a leading enterprise collaboration company announced today a combination of orders with Polymedia, a key reseller of Hoylu products in the Russian market. Polymedia is a leading integrator and software developer in the Russian PRO AV (audiovisual) market. The company brings together offices in 11 cities in Russia and the CIS, as well as a dealer network of more than 700 partners across the Russian Federation.

The orders through Q4 and early Q1 total over SEK 800,000 and are part of a growing business of Hoylu software and products within the Russian collaboration market. The accumulated orders to date not only expands Hoylu’s footprint into the region, but also provides ongoing software license revenue and expands the user account base of Hoylu subscribers.

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) 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 January 17, 2018.

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