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XMReality signs order worth 0,6 MSEK from US defense company

Press Releases   •   Dec 11, 2017 08:32 CET

XMReality has signed an order to improve the field service operations and plant for an US defense company. The order includes XMReality Remote Guidance™ Software, XMReality Point-Pad™ and smart glasses.

”This is yet another proof of the expertise and knowledge we have within solutions for field service operations. We have seen clear signs of growing interest for our solutions in the Nordics and internationally and this is example of growing interest also outside Europe”, says Johan Castevall, CEO of XMReality.

The order will increase revenues by 0,6 MSEK, of which most will be recognized during 2018.

For more information, please contact:
Johan Castevall, CEO XMReality
Phone: +46 (0)73 356 04 81

E-mail: johan.castevall@xmreality.se

About XMReality AB

XMReality AB (publ) develops and sells solutions that revolutionize knowledge sharing through augmented reality (AR). The company is a market leader in remote guidance, which uses AR to guide onsite staff so that they can resolve or prevent problems. XMReality’s customers are mainly global industrial companies, including Bosch Rexroth, Wärtsilä, and Bombardier. XMReality is headquartered in Linköping, Sweden, and is listed on Nasdaq First North (ticker: XMR).
www.xmreality.com

The company’s Certified Adviser is Redeye AB

Phone: +46 (0)8 545 013 30

www.redeye.se

The information in this news release is such that XMReality AB (publ) is required to make public in accordance with the Marketing Abuse Regulation issued by the EU. The information has been released by the above-mentioned contact person(s) for publication on Monday December 11, 08:30 am.

Linköping, Sweden—XMReality AB (publ) (NASDAQ XMR), a leading developer of knowledge sharing solutions through augmented reality (AR), has signed an order with an US defense company worth 0,6 MSEK. The delivery will take place during the remaining part of 2017 and 2018.

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Contacts 1 contact

  • Press Contact
  • CEO
  • qgtzirjohaqpmugcn.castfcxiehevkxbghcaluxl@tcataglfxmrellyxalitgjmvjyy.se
  • 0733-560481
  • 013-211110

About XMReality AB (publ)

Knowledge sharing solutions for effective and profitable aftermarket and field service through augmented reality (AR)

XMReality AB (publ) develops and sells solutions that revolutionize knowledge sharing through augmented reality (AR). The company is a market leader in remote guidance, which uses AR to guide onsite staff so that they can resolve or prevent problems. XMReality’s customers are mainly global industrial companies, including Bosch Rexroth, Wärtsilä, and Bombardier. XMReality is headquartered in Linköping, Sweden, and is listed on Nasdaq First North (ticker: XMR). www.xmreality.com

Address

  • XMReality AB (publ)
  • Teknikringen 10, 8fl
  • 58330 Linköping
  • Sverige