Hoylu AB: Hoylu acquires We-inspire GmbH


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              February 15th 2017

("Hoylu" or the "Company") today announced the acquisition of We-inspire GmbH and confirms its first day of trading on Monday the 20 February 2017 (the "Listing").

Following a private placement of shares to professional investors of SEK 25 mill. Hoylu has acquired We-inspire GmbH a spin-off from Mi-Lab at the University of Applied Sciences Upper Austria, Campus Hagenberg in Austria. We-inspire is a software company with a portfolio consisting of applications for idea generation and Creative Collaboration. The founders and management team of We-inspire joined Hoylu in January 2017.

"Hoylu`s mission is to improve and simplify how people work in teams. We-inspire`s applications for Creative Collaboration fits well with our plans to deliver solutions that enhance the user experience and increase the productivity and is already used by a large number of global enterprises."  

Stein Revelsby, CEO at Hoylu

For more information, please contact
Stein Revelsby, CEO at Hoylu
Mobile: +46 (0) 76 008 7330 /+1 213 440 2499
Email: sr@hoylu.com

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

About Hoylu
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