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Haas Group signs additional orders, initiate global roll-out, and extends partnering with XMReality

Press Release   •   Jul 05, 2018 08:45 CEST

Linköping, Sweden—XMReality AB (publ) (NASDAQ First North: XMR), an international leader in AR-enabled knowledge sharing Linköping, announces that the Austrian company Haas Group has signed additional orders to roll-out the XMReality Remote Guidance solution within the Haas Group.

The additional order is a further extension and expanded focus on including XMReality Remote Guidance as part of Haas Group’s service solution offering. The additional order value totals approx. 0,4 MSEK which will be recognized during 2018. The partnership with Haas Group is built on a reselling agreement of XMRealitys solutions which will add revenues to XMReality over time as Haas Group is providing their customers with XMRealitys solutions.

“Haas Group began offering XMRealitys Remote Guidance Solution to its customers in 2017 and we have seen a strong interest from our customers and therefore decided to expand our partnership and equip our service teams in the US, Colombia, Russia, China, Singapore, Netherlands and Austria with the XMReality solution. We have now decided to increase the focus on reselling the XMReality Solution as we have seen XMReality Remote Guidance as a way to close deals we have not been able to close historically.” Says Timo Weider, Head of Service EMEA and Service Product Manager at Haas Group.

”We are proud to be a partner to the Haas Group, together we are delivering market leading end-customer solutions for the field service industry. XMReality highly values existing customer relationships and we will support the expanded partnership with Haas Group to ensure a successful deployment. Global roll-outs, and the extended focus on reselling our solutions as part of aftermarket offerings is a developing trend we see amongst our customers.” says Johan Castevall, CEO of XMReality.

The orders include XMReality Point-Pad™ and Smart glasses, the value is approx. 0,4 MSEK which 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 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


About Haas AB

It doesn’t matter whether we’re talking waffles, cookies or dairy: life’s all about the little pleasures. Sweet and savory snacks produced on Haas machines transport a feeling of levity, the delightful experience of indulgence in the middle of a stressful day. Our processing solutions are perfectly adapted to our customers’ needs; we deliver what consumers want. Accordingly, more than fifty percent of all waffles and wafers worldwide are produced on Haas machines. In addition to systems for the production of waffles of all kinds, we also deliver production lines for cookies, crackers and healthy snack products as well as machines for the mixing and aerating of doughs and creams. We want to ensure sustainable production to guarantee pure, unadulterated culinary delight.

www.haas.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 July 5, 08:45 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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