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SDS receives order, valued SEK 1.3 million, from a leading mobile operator in North Africa

The order, valued SEK 1.3 million, has been received from an existing customer that came with the acquisition of eServGlobal in June 2019. The customer is a leading mobile operator in North Africa and the order includes the deployment of the Active-Active feature as part of a platform enhancement as well as a platform swap from PayMobile to SDS' flagship product, ERS 360°.

"The order has been received from one of the biggest customers of eServGlobal and is a testament of the trust they have in us as they move from a legacy platform to our flagship product, ERS 360°. The migration coupled with the Active-Active feature will allow the operator to improve their operational performance ensuring zero downtime for critical services", says Tommy Eriksson, CEO SDS AB.

The customer is migrating to SDS' flagship transaction platform, ERS 360°, which allows for additional growth features to be added later from SDS' solution suite. The migration is expected to help the customer achieve operational excellence for sales and distribution. The additional functionality of Active-Active is a business continuity solution and allows for a multi-cluster setup to be established. This means that the traffic coming into the system is balanced between the two primary and disaster recovery sites ensuring high availability of the services.

This order is a significant step in continuing the long-term relationship and collaboration with the customer. The contract also includes support orders that will be received over the next three years. Revenue from this order is expected to be recognized in the third quarter 2020.

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 14 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

2020-08-24
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