MapsPeople A/S and Ricoh Spaces take our partnership to the next level

MapsPeople A/S | Investor News

Aalborg, September 23rd, 2024

Partnership Renewal

MapsPeople A/S is pleased to announce the signing of a renewed partnership with Ricoh Spaces, a global leading workplace experience platform providing desk- and meeting-room booking, visitor management, wayfinding, and more. This new contract has an initial annual value of mDKK 1,5 enabling Ricoh Spaces to upgrade its more than 100 large enterprise customers to high Definition 3D maps on MapsPeople's MapsIndoor platform, while also growing their customer base rapidly assisted by the world-class user experience. 

Morten Brøgger, CEO of MapsPeoples says: " I am very pleased our partnership with Ricoh Spaces has reached this maturity and I am certain this is just the beginning of a very impactful partnership delivering a lot of future growth for both our companies. The way our indoor mapping platform can help display the innovative functionalities on the Ricoh Spaces platform with an unrivaled user experience is something we have work hard to achieve through our investments in to 3D High Definition mapping technology" 

Nathan Thomas, Head of Product Ricoh Digital Experience, says: "We have worked with MapsPeople for the past years, and have enjoyed seeing the speedy innovation, adding capabilities to their platform that will support all our use cases and functionalities that should rightfully be displayed on a map of the workplace. This is to Ricoh a cutting edge in winning new customers that we have the best-looking maps, resulting in the best possible user experience. In addition, the fast-paced AI-driven innovation to MapsPeoples platform allows us to deliver a fast, seamless upgrade of all our customers in a short period of time, but equally important it provides processes and service to our solution that ensures customer maps are always updated in real-time".

You can read more about MapsPeople (https://www.mapspeople.com/investors/investors) here

You can read more about Ricoh Spaces (https://www.ricoh-europe.com/business-services/all-services/workplace-services/ricoh-spaces/) here: 

Sign up to MapsPeoples Investor Newsletter (https://www.mapspeople.com/investors/investor-relations-newsletter) here:

.

For additional information, please contact

MapsPeople A/S

Morten Brøgger, CEO 

Mobile (+45) 31 23 48 72 

Email mobr@mapspeople.com  

Stigsborgvej 60, 9400 Nørresundby

Denmark

Certified Advisor

Grant Thornton

Stockholmsgade 45 2100 Copenhagen Ø

Denmark

IMPORTANT INFORMATION

This announcement is not an offer to sell or a solicitation of any offer to buy any securities issued by MapsPeople in any jurisdiction where such offer or sale would be unlawful and the announcement and the information contained herein are not for distribution or release, directly or indirectly, in or into such jurisdictions, including but not limited to, the United States, Australia, Canada or Japan.

This announcement does not constitute an offering circular, company description or other offer document and nothing herein contains an offering of securities. No one should purchase or subscribe for any securities in MapsPeople except as described in this company announcement.

Neither the existing shares of MapsPeople (the "Existing Shares") nor the New Shares have been, or will be, registered under the United States Securities Act of 1933, as amended ("Securities Act"). Neither the Existing Shares nor the New Shares may be offered or sold, directly or indirectly, in or into the United States or to persons residing there. Moreover, the Private Placement is not made to persons resident in Australia, Hong Kong, Japan, Canada, New Zealand, South Africa, Switzerland, or Singapore or to persons whose participation would require the publication up of a prospectus, registration or other measures.

Certain statements in this announcement constitute forward-looking statements. Forward-looking statements are statements (other than statements of historical fact) relating to future events and the Company's anticipated or planned financial and operational performance. The words "targets", "believes", "expects", "aims", "intends", "plans", "seeks", "will", "may", "might", "anticipates", "would", "could", "should", "continues", "estimates" or similar expressions or the negative forms thereof, identify certain of these forward-looking statements. Other forward-looking statements can be identified in the context in which the statements are made. MapsPeople has based these forward-looking statements on its current views with respect to future events and financial performance. By their nature, forward-looking statements are based on certain assumptions and projections on future events and financial performance, which involve a number of risks and uncertainties that could cause actual results or events to differ materially from those expressed or implied by the forward-looking statements. These risks, uncertainties and assumptions could adversely affect the outcome and financial consequences of the plans and events described herein. Actual results are likely to differ from those set forth in the forward-looking statements. Any forward-looking statements speak only as at the date of this document and neither the Company nor any of its respective affiliates, directors, officers, employees, advisors, or any other person is under any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. You should not and may not rely on these forward-looking statements.

Source: MapsPeople

Tag: MapsPeople-Press-Releases