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Beskrivning

LandNorge
ListaEuronext Growth Oslo
SektorInformationsteknik
IndustriProgramvara
Xplora Technologies är verksamma inom teknikbranschen. Bolaget är specialiserade inom utveckling av digitala GPS-applikationer för barn. Programvaran är egenutvecklad och används huvudsakligen för säkerhet och kommunikation, där produkterna består av mobila klockor. Utöver huvudverksamheten erbjuds även diverse mervärdestjänster inriktat mot sport, spel och rörelseaktivitet. Störst verksamhet återfinns inom den europeiska marknaden.
2021-08-09 07:00:00
Oslo, 9 August 2021: Xplora Technologies AS (ŽXploraŽ) has reached an important
milestone with 100,000 mobile subscribers in the Nordic market.

Connectivity is an important and integrated part of XploraŽs offering. Xplora
has since 2017 offered connectivity solutions in Norway, extending to Sweden,
Finland and Denmark in recent years. Starting in Q3 21 Xplora will expand its
connectivity offering to Xplora smartwatch customers across Europe and North
America.

Xplora has through an innovative and leading smartwatch offering combined with
tailor made mobile subscriptions developed an unexplored market segment for
mobile connectivity: children in the 4-11 year age group. With more than 65,000
mobile subscribers Xplora has reached a market penetration of 13% in the
Norwegian market, still growing briskly. Subscriber- and penetration growth in
the other Nordic markets is mirroring early market development in Norway and
showing very strong growth.

"Reaching 100,000 mobile subscribers is an important milestone for Xplora, but
also just the early steps into a vast market opportunity expected to develop
rapidly in years to come. The Nordic markets alone continue to offer strong
growth potential with nearly 2.5m children in the target age group, and with the
rollout of Xplora Connect globally from Q3 21 we have strong ambitions for
significant mobile subscriber growth and recurring revenue streams ahead" says
Sten Kirkbak, CEO and founder of Xplora.


For further information please contact:
Sten Kirkbak, CEO +47 9220 3710
Mikael Clement, CFO +47 9900 8000
Karen Guillot Ruiz: Business Analyst +47 9488 5859

About Xplora Technologies AS: Xplora is a platform and services company and an
industry leader in the market for children's smartwatches. Xplora was founded to
give children a safe onboarding to the digital life and a better balance between
screen time and physical activity. Xplora's vision is to enable children around
the world to experience how their everyday activities can create value and make
a positive change to the world. The company is headquartered in Norway with
operations in leading European markets. The information contained in this
statement has not been audited and may be subject to change.