XMReality registers its trademark in United States

Press Releases   •   Nov 27, 2018 13:30 CET

Linköping, Sweden—XMReality AB (publ) (NASDAQ First North: XMR), an international leader in AR-enabled knowledge sharing, announces that XMREALITY is registered as a trademark in United States under number 5,603,712.

XMReality has today been informed that the trademark application filed with the United States Patent and Trademark Office for the word mark XMREALITY on 14 June 2018 has been registered under number 5,603,712..

For more information, please contact:

Johan Castevall, CEO XMReality
Phone: +46 (0)73 356 04 81
E-mail: johan.castevall@xmreality.se

About XMReality Remote Guidance™

XMReality Remote Guidance is an AR-enabled knowledge sharing tool that lets you communicate with gestures, speech, chat, pointers with someone at a completely different place. It includes:

  • A unique hands-overlay technology that lets you guide some else’s hands—as if you were there.
  • A web portal to manage teams and users, and to measure usage
  • Integration through client-side API’s

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, ABB, Siemens Industrial Turbomachinery, Electrolux, 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 November 27 2018, 1:30 pm.

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, Siemens Industrial Turbomachinery, Electrolux, and Bombardier. XMReality is headquartered in Linköping, Sweden, and is listed on Nasdaq First North (ticker: XMR). www.xmreality.com

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Additional order from US defense company

Press Releases   •   Nov 14, 2018 08:37 CET

Linköping, Sweden—XMReality AB (publ) (NASDAQ First North: XMR), an international leader in AR-enabled knowledge sharing, has signed a follow-up order with a US defense company group. The order includes software and AR glasses and is worth approx. 0,5 MSEK. Delivery will take place during 2018 and 2019.

XMReality has signed a third order to improve the service operations for an US defense company.

The order includes XMReality Remote Guidance™ software, XMReality PointPad™ and AR glasses with a value of approx. 0,5 MSEK and revenues will be recognized during 2018 and 2019. Including this order, the total order intake from this customer for the previous 12 months amounts to approx. 1,7 MSEK.

The initial order from the company was signed December 2017 and included XMReality Remote Guidance software, XMReality PointPad and AR glasses to a value of approx. 0,6 MSEK. This was followed up in July 2018 with additional software of a value of approx. 0,6 MSEK.

For more information, please contact:Johan Castevall, CEO XMReality
Phone: +46 (0)73 356 04 81
E-mail: johan.castevall@xmreality.se

About XMReality Remote Guidance™

XMReality Remote Guidance is an AR-enabled knowledge sharing tool that lets you communicate with gestures, speech, chat, pointers with someone at a completely different place. It includes:

  • A unique hands-overlay technology that lets you guide some else’s hands—as if you were there.
  • A web portal to manage teams and users, and to measure usage
  • Integration through client-side API’s

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, ABB, Siemens Industrial Turbomachinery, Electrolux, 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 for publication on Wednesday November 14, 2018, 08:30 am.

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, Siemens Industrial Turbomachinery, Electrolux, and Bombardier. XMReality is headquartered in Linköping, Sweden, and is listed on Nasdaq First North (ticker: XMR). www.xmreality.com

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Field study shows that remote guidance using augmented reality (AR) is more effective than a standard video call

Press Releases   •   Oct 30, 2018 10:30 CET

XMReality wins prestigious award at Augmented World Expo (AWE)

Press Releases   •   Oct 25, 2018 08:45 CEST

XMReality launches new ground-breaking features in its AR-enabled knowledge sharing tool XMReality Remote Guidance™

Press Releases   •   Oct 15, 2018 11:00 CEST

Linköping, Sweden—XMReality AB (publ) (NASDAQ First North: XMR), an international leader in AR-enabled knowledge sharing, is launching innovative features including a ground-breaking new way of accessing XMReality Remote Guidance through a web client.

XMReality demonstrated the new features to selected customers at the XMReality Conference 2018. They were the first outside of XMReality to try them out, and the new capabilities in XMReality Remote Guidance were generally praised for their capacity to improve the customer’s business processes.

Web client

The new web client enables users to get instant access to XMReality Remote Guidance without having to download an app. This is particularly beneficial in cases where a company has infrequent users; you can set up a remote call without them having to install anything,

”The install base of AR-enabled devices will see incredible growth over the next few years, with over 1 billion mobile devices AR-ready by 2023. Naturally, the competitive landscape will grow in complexity as the market scales, presenting a fragmentation challenge to AR software vendors and content creators. A universal web interface will mitigate this, streamlining the end-to-end software ecosystem” says Eric Abbruzzese, Principal Analyst, ABI Research.

IoT integration

The IoT integration makes it possible to visualize machinery data in a XMReality Remote Guidance call thus creating a user experience that enables the user to solve problems faster and more accurate. It will help companies for example when doing inspections since it enables you to both visualize data and connect to a remote expert in the same view.

“Tapping into available IoT metrics is an incredible value add in the age of digitization, with AR as a visualization tool making accessing that content easier. Improving both backend systems, integration processes, and ensuring user ease of use is a sure path to quick and notable ROI,” concludes Abbruzzese.

Multi-participant calls

XMReality introduces multi-participant calls in XMReality Remote Guidance. It will be possible to include more people into the video call, which is much sought-after feature from XMReality’s customers. It’s perfect for e.g. first line support if they need to escalate an issue to second line or further.

For more information, please contact:
Johan Castevall, CEO XMReality
Phone: +46 (0)73 356 04 81
E-mail: johan.castevall@xmreality.se

About XMReality Remote Guidance™

XMReality Remote Guidance is an AR-enabled knowledge sharing tool that lets you communicate with gestures, speech, chat, pointers with someone at a completely different place. It includes:

  • A unique hands-overlay technology that lets you guide some else’s hands—as if you were there.
  • A web portal to manage teams and users, and to measure usage
  • Integration through client-side API’s

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, ABB, Siemens Industrial Turbomachinery, Electrolux, and Bombardier. XMReality is headquartered in Linköping, Sweden, and is listed on Nasdaq First North (ticker: XMR).
www.xmreality.com

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, Siemens Industrial Turbomachinery, Electrolux, and Bombardier. XMReality is headquartered in Linköping, Sweden, and is listed on Nasdaq First North (ticker: XMR). www.xmreality.com

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Grand opening of ABB Collaborative Operations Center in Singapore

News   •   Oct 11, 2018 11:44 CEST

XMReality conducts a directed share issue of approximately 21 MSEK and announces Investment AB Spiltan as new major shareholder

Press Releases   •   Oct 09, 2018 08:00 CEST

Linköping, Sweden—XMReality AB (publ) (NASDAQ First North: XMR), an international leader in AR-enabled knowledge sharing, announces that the Board of Directors of XMReality AB (publ) has today resolved on a directed share issue of 2 442 018 new shares at a subscription price of SEK 8.75 per share, which adds approximately SEK 21 million before transaction costs. The subscription price has been determined by a bookbuilding process and corresponds to a discount of 3% compared to the volume weighted average price over the past 10 trading days. Subscribers in the rights issue are a limited number of qualified and institutional investors, including Handelsbanken Fonder, a small-cap equity fund owned by a leading Swedish pension company and LMK-stiftelsen. The Board's decision is subject to approval by the Extraordinary General Meeting that will be held on October 25, 2018.

For the past year, XMReality has increased its recurring revenue and communicated several orders from new customers as well as additional orders from existing customers. The customer base continues to grow with strategically important customers. In order to capitalize the positive development and ensure that the company can continue to deliver high-quality solutions to the industry, the Board has decided to issue a directed share issue of approximately 21 MSEK. The reason for deviation from shareholders' preferential rights is to strengthen the company's financial position in a timely and cost-effective manner while broadening and strengthening the ownership base.

"It is very satisfying to see that XMReality is gaining increased interest from professional investors and that we strengthen confidence from our existing shareholders. It shows that we are on the right track towards our goals. I also want to take this opportunity to welcome Investment AB Spiltan as the largest shareholder of the company. With the new capital we can actively expand our sales efforts and take advantage of the positive momentum we see in the business." says CEO Johan Castevall.

XMReality has also been informed that the interest for the directed share issue was significant and that investor Investment AB Spiltan has acquired Almi Invest Östra Mellansverige AB's shares in a separate block trade at the same price as the share issue, thus becoming the Company's largest owner with 2,031,946 shares corresponding to approximately 14% of the capital and votes per today.

"XMReality has taken an exciting position in the market with its AR-based Remote Guidance solution. Since the listing, the company has further strengthened the team and is constantly building on an already strong customer base. The use of AR in the industrial sector is developing positively and we see great potential in other sectors with existing and new customers. We are looking forward to be a long-term shareholder and closely following the company's future development, "says Björn Persson, Investment Manager at Investment AB Spiltan.

"It is very pleasing that Almi Invest was included as one of the first external investors in this company. During our holding period, the company has become the market leader in remote guidance, with its AR-based technology that helps industrial companies solve complex problems at a distance. We wish XMReality all the best in the future, while this exit will facilitate investments in new Swedish startups in accordance with Almi Invest's overall mission, "says Jenny Engerfelt, Fund Manager Almi Invest

The Board's decision on the directed share issue is subject to approval by the Extraordinary General Meeting that will be held on October 25, 2018. Shareholders representing about 54 percent of the company's votes and capital has announced that they support the decision of the Board and will vote in favor of approve the decision at the Extraordinary General Meeting. Notice of the Extraordinary General Meeting is published by a separate press release.

Through the rights issue, XMReality's share capital increases by SEK 122,100.90 from SEK 730,399.10 to 852,500 and the number of shares increases by 2,442,018 from 14,607,982 shares to 17,050,000 shares. The rights issue will dilute XMReality's existing shareholders by approximately 14 percent after the issue of new shares.


Advisers

Redeye AB acted as sole financial adviser and law firm Lindahl KB acted as legal adviser in connection with the transaction.


For more information, please contact:

Claes Nylander, Chairman XMReality
Phone: +46 (0)70 531 34 22

About XMReality Remote Guidance™

XMReality Remote Guidance is an AR-enabled knowledge sharing tool that lets you communicate with gestures, speech, chat, pointers with someone at a completely different place. It includes:

  • A unique hands-overlay technology that lets you guide some else’s hands—as if you were there.
  • A web portal to manage teams and users, and to measure usage
  • Integration through client-side API’s


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, ABB, Siemens Industrial Turbomachinery, Electrolux, 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 Tuesday October 9, 2018 08:00 am.

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, Siemens Industrial Turbomachinery, Electrolux, and Bombardier. XMReality is headquartered in Linköping, Sweden, and is listed on Nasdaq First North (ticker: XMR). www.xmreality.com

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XMReality and Semcon initiates a strategic cooperation to integrate digital content in XMReality Remote Guidance™

Press Releases   •   Sep 17, 2018 08:50 CEST

XMReality announces new software developments on up-coming customer event

Press Releases   •   Sep 13, 2018 12:00 CEST

Linköping, Sweden—XMReality AB (publ) (NASDAQ First North: XMR), an international leader in AR-enabled knowledge sharing, announces that an important milestone has been reached in its software development process and that customers are invited to evaluate new strategic features at the XMReality conference 18-19th of September. Among these features are an Internet of Things (IoT) integration, an XMReality Remote Guidance web client, and the possibility to conduct multi-participant calls.

“We are continuously releasing new features in accordance with our product roadmap. The IoT integration makes it possible to visualize machinery data in a XMReality Remote Guidance call thus creating a user experience enabling the user to solve problems faster and more accurate. The new web client opens up for instant access to remote guidance, without having to download an app. We are excited to get customer input on how our new ground-breaking developments will improve their business processes”, says Per Unell, CTO XMReality.


For more information, please contact:

Johan Castevall, CEO XMReality
Phone: +46 (0)73 356 04 81
E-mail: johan.castevall@xmreality.se

About XMReality Remote Guidance™

XMReality Remote Guidance is an AR-enabled knowledge sharing tool that lets you communicate with gestures, speech, chat, pointers with someone at a completely different place. It includes:

  • A unique hands-overlay technology that lets you guide some else’s hands—as if you were there.
  • A web portal to manage teams and users, and to measure usage
  • Integration through client-side API’s

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, ABB, Siemens Industrial Turbomachinery, Electrolux, 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 Thursday September 13, 2018, 12:00 pm.

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, Siemens Industrial Turbomachinery, Electrolux, and Bombardier. XMReality is headquartered in Linköping, Sweden, and is listed on Nasdaq First North (ticker: XMR). www.xmreality.com

Read more »

Minebea Intec selects XMReality as its AR-enabled Remote Guidance platform

Press Releases   •   Sep 12, 2018 12:00 CEST

Contacts 1 contact

  • Press Contact
  • CEO
  • jotuhagpn.rucaixstuqevrqalfml@stxmdnreusalqmitmsy.drsemh
  • 0733-560481
  • 013-211110

About XMReality AB (publ)

XMReality enable digital transformation through knowledge sharing tools

XMReality offer AR-enabled knowledge sharing for organizations in the forefront of digitalization. Our tools enable organizations to work smarter and generate new business opportunities.

Address

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