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2020-01-17

Netmore Group AB (publ): Netmore Group (publ) is preparing for continued expansion

In 2019, through acquisitions, the Netmore Group added operations
that, together with Netmore's core business, has created a faster
growing company for 3 x IoT; Internet of Things, Information of
Things and Integration of Things. Netmore's telcograde mobile
solution and Core network have is the foundation for Netmore's today
50 municipalities / urban networks customers, several industrial
companies for unique private mobile radio networks and by 2019 one of
Europe's major real estate companies.

Netmore Group is preparing for the growth of its core network and will
value increasing its redundancy through either the expansion or
acquisition of networks that are already in place. This is to meet
requirements regarding 5G solutions in private networks as well as
nodes in several countries where the Netmore Group operates through
local subsidiaries with local partners.

"Netmore Group is now taking steps for the rapid expansion of a
long-term redundant core network to meet the rapid roll-out of more
customer projects in both private (real estate and industrial
projects) and the public sector in several countries." Says Erik
Hallberg, CEO Netmore Group AB

For more information,

Erik Hallberg, erik.hallberg@netmoregroup.com

Netmore Group AB is an IoT operator that develops a comprehensive
solution for cities, industries, properties and homes. Together with
our partners we build a safe and sustainable ecosystem for Internet
of Things, locally, nationally and global. Netmore Group was formed
in 2010 and since 2017 listed on the Nasdaq First North Growth
Market.

G&W Fondkommission is the Company's Certified Adviser regarding the
listing at Nasdaq First North Growth Market.

Tel: 08-503 000 50, e-mail: ca@gwkapital.se

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https://news.cision.com/se/netmore-group-ab--publ-/r/netmore-group--publ...
https://mb.cision.com/Main/15900/3010730/1175776.pdf

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