SDS has received three new orders, with a total value of approximately SEK 6 million, from existing customers. Two of these customers are leading mobile operators in the Middle East and the third is the leading operator in Eswatini (formerly Swaziland). These customers have ordered various upgrades for their existing SDS platforms.
"The combination of delivering business-critical systems that specifically support sales, and our proven ability to deliver orders remotely is the backdrop to customers' continued willingness to invest. It is particularly pleasing to see orders for three different products, which is proof of the business value in our entire broader offering." says Tommy Eriksson, CEO of SDS.
Ordered features from the various customers include an upgrade of the ERS 360 transaction platform, an upgrade to a mobile financial services platform, and a new platform for managing the life cycle of the voucher management system.
The orders include software and services with new functionality in existing platforms and are expected to contribute to revenue in the second and third quarters of this year. Furthermore, these new orders are evidence of confidence in SDS' operational capacity and its ability to quickly support the demanding business environment for its customers.
For more information contact:
Martin Schedin
Chief Financial Officer
+46 70 438 14 42
martin.schedin@seamless.se
About Seamless Distribution Systems AB (SDS)
SDS is a Swedish software company group that provides solutions and services for digital sales and distribution to private consumers through mobile operators in emerging countries. The company offers its corporate customers a comprehensive solution for digital distribution and electronic transactions processing. SDS acquired eServGlobal in July 2019. The SDS Group now has customers in all parts of the world, with a footprint in more than 50 countries, reaching over 500 million mobile users through more than 2,000,000 active point-of-sales. SDS has approximately 220 employees in Sweden, France, Romania, Belgium, Ghana, Nigeria, USA, Pakistan, India, Indonesia, South Africa, Ecuador and the United Arab Emirates. With over 30 years of experience, SDS focuses on high-level customer satisfaction and efficient operations. SDS manages over 15 billion transactions annually, worth more than 12 billion US Dollars and enables the growing population of emerging countries to become part of the mobile revolution.
SDS shares are listed on Nasdaq First North Premier.
The company's Certified Adviser is FNCA Sweden AB, phone number 08-528 00 399, email: info@fnca.se
Martin Schedin
Chief Financial Officer
070 438 14 42
martin.schedin@seamless.se
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