The cutting-edge provider of visual ideation and collaboration solutions, Hoylu, today announced a partnership with Polymedia who will distribute Hoylu`s software products and solutions in Russia. Polymedia becomes exclusive master distributor under the agreement subject to minimum annual sales performance that represent a total contract value of more than SEK 13M for the first three years.
Polymedia is a leading integrator and software developer in the Russian PRO AV (audiovisual) market. The company brings together offices in 14 cities in Russia and the CIS, as well as a dealer network of more than 700 partners across the Russian Federation. The Polymedia holding's structure includes among others ART Polymedia - a company specializing in rental & staging solutions for live events.
Hoylu's solutions and software offer new and exciting ways to work better, faster and more efficiently. Based on years of research, the Hoylu Software Suite is designed from the ground up to offer the best possible user experience for individual and multiple users working with ideation, creative collaboration and presentations.
"The agreement with Polymedia will give us strong go-to-market capabilities in Russia and the CIS, to drive consistent business growth and expand our market position in this exciting region",says Stein Revelsby, CEO at Hoylu.
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
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
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) CET on May 3, 2017
