Oslo, 10 June 2024 - Xplora Technologies AS ("Xplora") today announced it has
entered a new B2B sales agreement with the Norwegian branch of a leading
security service provider of alarm systems for families and small businesses.
Under this agreement, the security service provider will sell Xplora products
with Xplora connectivity and premium subscription plans as part of their home
security product offering. The territory for this agreement is Norway, with the
possibility of expanding to other markets.
This partnership marks a significant milestone, adding a new sales channel that
supports Xplora's value proposition for families to be connected, safe, and
active. It is a key element of the company's B2B strategy, enabling Xplora to
reach a larger customer group within its core segment.
Set to launch in Q3 2024, this partnership underscores Xplora's continuous
growth and dedication to offering cutting-edge services to its customers.
Xplora aims to leverage its scalable platform, designed for large partners, to
offer services related to connected objects. With an established presence in
retail, online and telco channels, Xplora is now partnering with new B2B
channels that have an extensive customer base, enabling the company to reach a
wider audience with its connectivity solutions.
For further information please contact:
Sten Kirkbak, CEO +47 922 03 710, sten.kirkbak@xplora.com
Knut Stålen, CFO +47 920 43 458, knut.stalen@xplora.com
About Xplora Technologies AS:
Xplora is a platform and services company and an industry leader in the market
for children's smartwatches. Xplora was founded to give children a safe
onboarding to the digital life and a better balance between screen time and
physical activity. Xplora's vision is to enable children around the world to
experience how their everyday activities can create value and make a positive
change in the world. The company is headquartered in Norway with operations in
leading European markets. Xplora is listed on Euronext Growth under the ticker
symbol XPLRA.