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TargetEveryOne and Norwegian Strex have signed an agreement

Pressmeddelande   •   Apr 06, 2017 18:55 CEST

TargetEveryone signed an agreement today with the Norwegian company Strex about developing new services for payment solutions. Strex is owned by Telenor, Telia and ice.net and supplies the first Norwegian payment solution that is 100 % mobile. Today Strex delivers annually more than 75 million payment transactions, and over half of Norway's population uses the service to, among other things, pay for transport, digital media services and parking.

TargetEveryone has been mandated to launch Strex new payment solution One-click shopping. By using the information gathered in the mobile phone and the operators, the payment process can be considerably simplified. In this way, consumers will not have the hassle of filling in the name telephone number and credit card information for each purchase.

"Strex is now taking a big step into the future payment solution by launching the One-click shopping with TargetEveryone," says Frode Alvad, Head of Sales and Distribution at Strex. "We see a considerable potential for this product, first of all on the Norwegian market, but also outside Norway."

"One-click shopping is a service that is in line with TargetEveryone’s 1 to 1 Marketing," says Björn Forslund, CEO of TargetEveryone. "All Strex’ customers, together with TargetEveryon’s over 100 charity organizations, media partners, and e-commerce customers, will now be able to receive payments with one of the world's easiest payment solutions - One-click shopping."

The agreement covers phase 2 of the project that i include donations to charity. Full launch of One-click shopping will take place within nine months, and then other parties will be included.

Stockholm April 6, 2017


For more information, contact

Björn Forslund, CEO, bjorn@targeteveryone.com +47 484 83 838

This information is information TargetEveryOne AB (publ) is obliged to publish under the EU Market Abuse Regulation and the Securities Market Act and/or the Trading in Financial Instruments. The information was provided by agency of the above contact person for publication on April 6, 2017 kl 09.02.

About Strex

Strex is a bank-independent payment solution owned by Telenor, Telia and ice.net. Strex is the first Norwegian payment solution that is 100% mobile. Users do not need a bank card or a payment app, and no card or account information is stored on the phone. Today Strex delivers over 75 million payment transactions per year through SMS, apps, and online payments.

Strex is controlled by Norwegian’s financial supervisory authority.

www.strex.no

About TargetEveryOne
TargetEveryOne helps companies build better mobile customer relationships and increase sales with a user-friendly and efficient cloud service for mobile marketing. The company is listed on Nasdaq First North, Sweden, started in the Nordic mobile entrepreneurial environment and now has customers and partners in over 80 countries, and 45 employees in offices in Stockholm, Oslo, Moss, Lisbon and Chandigarh, India.

www.targeteveryone.com

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www.mangold.se

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About TargetEveryOne

TargetEveryOne helps companies build better mobile customer relationships and increase sales with a user-friendly and efficient cloud service for mobile marketing. The company, listed on Nasdaq First North, Sweden, started in the Nordic mobile entrepreneurial environment and now has customers and partners in over 80 countries. www.targeteveryone.com