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

Press Release   •   Sep 12, 2018 12:00 CEST

XMReality Remote Guidance | Service technicians can provide immediate, targeted assistance using finger pointing

Linköping, Sweden—XMReality AB (publ) (NASDAQ First North: XMR), an international leader in AR-enabled knowledge sharing, announces that Minebea Intec, a global leading manufacturer of industrial weighing and inspection technologies, has selected XMReality Remote Guidance™ to support their service offering.

To meet the increased demand of high-class service from its customers Minebea Intec has, after a short technical evaluation during the spring, decided to integrate XMReality Remote Guidance into their service offering. The company operates in more than 65 countries and will start to roll out the solution initially in seven countries in Europe.

“We are now able to make our service accessible from anywhere in the world at any time. This intuitive tool helps reduce or prevent disruptions, while simultaneously increasing the technical availability of systems and devices. It therefore forms part of a consistent prevention strategy. Service technicians can provide support with process steps from their location and assist users by pointing or using visual movements”, says Michael Tappe, Global Service Product Manager at Minebea Intec

“We are happy to welcome Minebea Intec to our growing customer base and excited to enable field service efficiency and service offering differentiation to yet another global company group with our Remote Guidance Solution”, says Johan Castevall, CEO XMReality

The order includes XMReality software and XMReality Point-Pad™, and the software value is approx. 0,4 MSEK recurring revenue and will be recognized during 2018 – 2019.

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 Minebea Intec

Minebea Intec is a leading manufacturer of industrial weighing and inspection technologies. With its headquarters in Hamburg, Germany, for over 147 year the company has been offering product and services which have become synonymous with innovation, performance and reliability. Its product portfolio includes platform scales, load cells, vessel and silo scales, checkweighers, metal detectors, X-ray inspection systems and user-friendly software solutions.

With around 1,000 employees worldwide, 19 sites and a network of over 185 certified international distribution partners, Minebea Intec is a global player in its industry. Having sold more than 90,000 inspection systems, 350,000 industrial scales and indicators, around 1,000,000 industrial load cells, and services worldwide, the company can be relied upon by its customer and partners from a wide range of industries.

Minebea Intec is part of the MinebeaMitsumi Group, one of the leading suppliers of high-precision production components, such as ball bearings and engines, as well as high-quality electronic components, such as sensors, antennae and IoT solutions. The group, based in Tokyo, has over 78,000 employees worldwide and reported a consolidated net turnover of JPY 880.000 million (approx., ERU 6.7 billion) for 2017.

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 Wednesday September 12, 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

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