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Press release -

Tekniska Verken implements XMReality Remote Guidance in additional business areas

XMReality AB and Tekniska Verken, a municipally owned company in Linköping, have today signed a 24-month agreement with the aim of delivering Remote Guidance to most business areas within the Group. The total contract value for the two year period amounts to SEK 900 thousand and covers only software.

"The new order means a multiple increase in the previous order we received from this customer as late as last autumn. It is obvious that Tekniska Verken has carried out its implementation well and now our service is available within district heating, broadband and water. Tekniska Verken is definitely a company at the forefront of technology within its segment, where the municipality's residents take part of this in the form of cost savings, reduced travel and a reduced climate footprint. It is also obvious that we at XMReality see the opportunity for business with similar companies throughout Sweden," says Jörgen Remmelg, CEO of XMReality.

This disclosure contains information that XMReality is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was originally submitted for publication, through the agency of the contact person, on 07-09-2021 09:26 CET.

About XMReality Remote Guidance™

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

  • A unique hands-overlay technology that lets you guide someone 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 (Application Programming Interfaces)

About XMReality
XMReality AB (publ) develops and sells solutions that revolutionize knowledge transfer through so-called Augmented Reality (AR). The company is a market leader in remote guidance where you guide a person on site via AR to solve problems or prevent them from occurring. The product is used globally in more than 60 countries. ABB, Nestlé, Electrolux, Sidel, Heineken and Saab are examples of the more than 90 customers. XMReality is based in Linköping and the USA and is listed on the Nasdaq First North Growth Market (ticker: XMR). For more information, visit: www.xmreality.com

About Tekniska verken
Tekniska verken group builds the world’s most resource efficient region by offering smart and efficient solution that simplifies their customers’ everyday life. Tekniska verken is owned by Linköping municipality. Together with their customers the group finds solutions to optimize the use of resources while being considerate of the environment and climate. The company is a part of over 215 000 private and corporate customers everyday life. Read more at www.tekniskaverken.se

The company’s Certified Adviser is Redeye AB
Phone: +46 (0)8 121 576 90
Certifiedadviser@redeye.se
www.redeye.se

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Subjects


XMReality develops and sells solutions that revolutionizes knowledge sharing through Augmented Reality (AR). The company is a market leader in Remote Guidance, which uses AR to guide onsite staff to enable quick dispositions, resolutions and/or problem prevention. The product is currently used in almost 60 countries. ABB, Nestlé, Electrolux, Sidel, Hexagon, Bühler and Minibea Intec are main customers out of more than 80 Enterprise customers. With operations in Sweden and US, XMReality is listed on Nasdaq First North (ticker: XMR). Further information is available under www.xmreality.com

Press contacts

Jörgen Remmelg

Jörgen Remmelg

Press contact CEO +46 739 822 409

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XMReality enables 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.

XMReality AB (publ)
Gränden Duvan 3
58222 Linköping
Sverige