Hoylu AB: HOYLU EXPAND SOLUTIONS TO SPECIFICALLY TARGET THE EDUCATION INDUSTRY

Malmo, Sweden, October 24, 2017 - Hoylu, a leading enterprise collaboration company announced today that it has expanded its product solutions to cover the education industry, including solutions specifically targeted at long-distance learning scenarios.

Leveraging Hoylu's Anytime Collaboration functionality, which allows multiple Hoylu installations to work collaboratively together in real-time, facilities can provide new educational services to anywhere around the globe. This capability provides extended business potential for Hoylu, with products and services providing a clear value proposition and definable ROI. Deliveries in Q3 included the Hoylu Software AG Suite and packaged Huddlewall solutions for a total value of over SEK 600,000 within the education vertical.

Additional orders are anticipated in Q4 as Hoylu has several existing customers expanding their educational programs utilizing the Hoylu platform, and will provide students with Hoylu software on personal devices. In addition, Hoylu has entered into business partnerships that will be presented in Q4 to distribute the solution to new and existing markets for long distance learning.

For more information, please contact: 
Stein Revelsby, CEO at Hoylu +1 213 440 2499 Email:  sr@hoylu.com

Karl Wiersholm, CFO at Hoylu +1 425 829 2316 Email:  kw@hoylu.com

Hoylu AB
Hoylu delivers solutions for presentation, ideation and collaboration that focus on enhancing the user experience. The company's main area of interest is software for Creative Collaboration, combined with intuitive input and display technologies. This includes technologies for remote collaboration, Internet of Things and for connecting workspaces in different locations together, with the objective of simplifying work processes while improving productivity and creativity. For more information:  www.hoylu.com  or visit  www.introduce.se/foretag/hoylu

 

Ticker symbol:  Hoylu

Marketplace:  Nasdaq First North Stockholm

Certified Adviser:  Remium Nordic AB +46(0)84543200

Publication
This information is information that Hoylu AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at (8:30) CEST on October 24, 2017.

---