Press Releases

SDS receives an order worth SEK 3.0 million from a new customer in Ghana

Seamless Distribution Systems (SDS) has received an order worth 3.0 million SEK from a brand-new customer in Ghana. The deal concerns the commissioning of SDS's flagship product ERS 360 °, which will replace the customer's existing solution and facilitate the digitization of the customer's sales and distribution channel.

"It is very gratifying that we have entered into another new mobile operator with our flagship product ERS 360 °. This is the first order from this customer and means that it is a strategic and commercial milestone as SDS establishes itself in this market with this second customer in Ghana," says Tommy Eriksson, CEO of SDS Group.

The operator in Ghana required a platform that could take their business to the next level. SDS's technology platform's operational capacity and ability to meet the customer's demanding business needs make ERS 360 ° an ideal solution for this customer.

Delivery of this order will begin during the fourth quarter of 2021, which is also when the revenue from the order is expected to be realized.

For more information contact:
Martin Schedin
Chief Financial Officer
+46 70 438 14 42

SDS is a Swedish international software company that specializes in mobile payment services for mobile operators, distributors, retailers and consumers. SDS ensures that Telecom operators can sell their telephone subscriptions, where SDS products and services handle up to 90% of the Telecom operator's sales. Today, SDS have implemented solutions in fintech, advanced analysis and retail value management, and where these solutions have succeeded, they are transformed into so-called SaaS solutions.

Following the acquisition of Riaktr, SDS has approximately 300 employees in Sweden, France, Belgium, Romania, South Africa, Ghana, Nigeria, Ivory Coast, United Arab Emirates, Pakistan, India and Indonesia.

Following the acquisition of Riaktr, SDS will annually handle more than 15 billion transactions worth over USD 14 billion. Via over 3 million monthly active resellers of digital products, more than 700 million consumers are served globally.

The company's Certified Adviser is FNCA Sweden AB, phone 08-528 00 399.