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Seluxit receives an additional order for the Smart Meter segment

Company Announcement No. 5-2018/2019 
Aalborg, January 21, 2019 

Seluxit has received an additional order for delivery of IoT technology for Smart Meters, with a value of DKK 1,5-2 mio.

CEO Daniel Lux, Seluxit:

“We are really happy to have another order with a second manufacturer of Smart Meters for the German market. This supports our position as a central supplier of IoT technology in Germany. The order is expected to be delivered in the financial year 2018/19 and is expected to generate a turnover of between DKK 1.5 and DKK 2 million. We hereby expand our position as supplier of Internet of Things solutions for Smart Meters, and we are on the way to ensuring yet another significant part of our expectation to the revenue for the current fiscal year. The order does not change the turnover and profit expectations announced by Seluxit in the “Company Description” of 18 October 2018 for the financial year 2018/2019.

Further information: CEO Daniel Lux 

Seluxit A/S
Hjulmagervej 32B
9000 Aalborg
Denmark
Tel. +45 46 922 722
E-mail: investor@seluxit.com
Web: www.seluxit.com
CVR/VAT nr. 29 388 237
Certified Adviser:
Norden CEF ApS, V/ John Norden
Kongevejen 365,
2840 Holte
Tel: +45 20 720 200
E-mail: jn@nordencef.dk
Web: www.nordencef.dk
CVR/VAT nr. 31 933 048

About Seluxit:
Seluxit is an Internet of Things (IoT) solution provider. We help product manufacturers connect their physical products to the Internet, and benefit from the value of data. Millions of Seluxit-powered IoT products are already deployed in 19 European countries and counting.  Seluxit’s vision is to be a major contributor to the story of the Internet of Things — how we humans can orchestrate connected products to improve our lives, while preserving our security and privacy.

  • Customers include big international companies with multibillion turnovers
  • Financial results have been positive each year since the company’s founding
  • Technological advantage has been created through a focused reinvestment
  • Workforce of 20 includes 12 nationalities