Hoylu AB: Hoylu has received 2.2MSEK in orders from Suffolk

Published by jamie on

The cutting-edge provider of visual ideation and collaboration tools, Hoylu, today announced 2.2 MSEK in orders from Suffolk, one of the largest construction companies in the US.

Suffolk is a general building and contracting company that provides pre-construction, construction management, general contracting and design-build services nation-wide. Construction projects include both new construction and renovations in the hospitality, education, residential, healthcare, assisted living, public works, entertainment, retail and commercial market sectors.

The orders are for 7 HuddlewallsTM.  The Huddlewall features workstation performance and additional screen real estate for reviewing CAD files, editing blueprints, running web applications for LEAN planning or annotating brainstorming sessions with pen-based interaction. Finding an effective way for teams to interact while viewing 3D models of complex buildings and conducting LEAN planning is a high priority within the Architecture, Engineering and Construction (AEC) community. The orders will be delivered by Q2, 2017.

“Suffolk’s vision is to transform the construction experience by building smart,” said Chris Mayer, Chief Innovation Officer, Suffolk. “By adding sophisticated new tools and technologies such as the Huddlewall to our toolbox, we will be able to manage our projects with more efficiencies, provide clients a more predictable and enjoyable experience, and revolutionize our industry.”

Many construction companies have tried using smart boards to help facilitate team collaboration, but run into software limitations. The Huddlewall runs all the applications that AEC firms typically use, such as Touchplan.io, Synchro or Navis-works, tools they can now use on a huge display in a big room,” says Andrew Jamison, Vice President of Sales US at Hoylu.

Suffolk
Suffolk is leading the transformation of the construction industry with high-performing people, innovative processes and cutting-edge technologies that boosts predictability, accelerate schedules, eliminate costs and minimize waste. For more information visit: www.suffolk.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: Remium Nordic AB +46(0)84543200

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

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) CET on April 28th 2017

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