Hoylu AB: Hoylu signs a five year Master Services Agreement with a large US-based lifestyle and communications company

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Hoylu signs a five year Master Services Agreement with a large US-based lifestyle and communications company

The cutting-edge provider of visual ideation and collaboration tools, Hoylu, today announces a multi-year partnership with a large lifestyle and communications company to deliver Collaboration and Content Generation solutions on a wide variety of personal and public display devices. Hoylu estimates the project potential to be well over $2M USD over the contract period, and provide extensive exposure to their products and services. The first products and solutions will be delivered in Q2 and Q3 2017, and continue over a committed minimal five-year term.

Continuing with Hoylu’s mission of providing next-generation experiences to workplace environments, the relationship will be targeted at creating immersive Smart Office and Smart Space solutions for thousands of users.

“This agreement represents a major break-through for Hoylu. In addition to delivery of the existing Hoylu Software Suite for Creative Collaboration we get the opportunity to develop a complete Smart Office solution in close partnership with a large customer,” said Hoylu CEO Stein Revelsby. “Our vision of highly interactive, connected technologies being applied to improve innovation and collaboration is being embraced from a wide variety of customers and industries. Over the next several months we expect to continue to broaden our portfolio as we engage directly with select customers to deliver complete solutions.”

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 April19th 2017

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