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2016-02-03

GWS Production AB: GWS Production AB and G4S Risk Consulting Ltd decide to terminate exclusive cooperation

The contract signed beginning of 2015 between GWS Production AB (GWS) and G4S
Risk Consulting Ltd (G4S) will be terminated during 2016. This doesn't affect
the agreement with G4S Sverige/Sector Alarm. Behind the decision are
organizational changes within G4S, and the planned release of products and
services from GWS, where the contract in its current form sets limitations.
GWS identifies at the same time new possibilities for cooperation within the
security industry, when the exclusivity expires.

In late April, it was announced that together with G4S, GWS signed a global
agreement in order to jointly address the global market for personal security
solutions with GWS' Safeture Business Solution service. The signed agreement
is mutually exclusive and includes a business model for revenue sharing. The
organizational restructuration within G4S during the last quarter of 2015,
will according to GWS affect the sales potential for the products and
services addressed in the agreement, and as a consequence, the cooperation
has turned out less valuable for GWS. The agreement has a 6 months term of
notice and the GWS overall services will not be affected in any short- or
long-term aspects.

Andreas Rodman, CEO of GWS, confirms that it is unfortunate that the initial
expectations haven't been reached, but that it won't affect the GWS business
in a long-term perspective: sales development is positive in all targeted
segments, removing exclusivity in the security segment opens new
possibilities, and GWS can act independently in their product- and service
development.

"With GWS future product development focus within personal security, it would
have been hard to create the development we want within the actual agreement.
We will soon launch a service concept that would have been restricted by the
agreement, and therefore we see that it is better to terminate it when the
renegotiation didn't create the right conditions. Our strategy is to sell our
solution and services in several business segments where we can provide
customer value, and our sales show a positive development in all of them.
Moreover, the exclusivity in the agreement has forced us to say no to other
companies within the security segment, who have contacted us and wanted to
offer Safeture to their customers. We have partners in this segment with a
positive sales development, and our focus now will be to create more business
together with present and future partners from our pipeline. During the year
we have signed several important agreements and we will sign more in our
targeted segments. The termination of this agreement will not affect the
services provided by GWS, and in the longer perspective we can take full
advantage of the development potential", concludes Andreas Rodman.

About GWS Production AB and Safeture

GWS, Global Warning System, was founded in 2009, triggered by the experience
with a global SARS epidemic, the 2004 Indian Ocean tsunami and the Mumbai
terror attacks. The company offers a mobile device based, personal security
service Safeture, in order to protect the traveler by real-time tracking and
providing valuable real-time information about disasters and other threats
that could impact on the traveler. The system consists of a range of services
that are delivered via the traveler's mobile phone and is provided to both
businesses - Safeture Pro, and to private individuals - Safeture.

The GWS share is listed on NASDAQ First North Stockholm.
Sedermera Fondkommission is the Certified Adviser.

For additional information on the service and GWS Production AB, visit
www.globalwarningsystem.comor contact CEO Andreas Rodman, +46 (0) 708 - 10 13
16, e-mail:
andreas.rodman@globalwarningsystem.com

This is an English version of a press release communicated by GWS Production
AB. In any case of doubt or possible differences regarding the different
versions it is the Swedish version that shall apply.

GWS: Termination of exclusive cooperation
http://hugin.info/163710/R/1983175/726745.pdf

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: GWS Production AB via Globenewswire

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