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2018-10-01

Omnicar: OmniCar reaches new monthly revenue high

Omnicar hit a new monthly revenue high in September and now enters the
fourth quarter on a very positive note.

Due to a much more attractive business model, very hard work,
improvements of the SAM platform based on ongoing feedback from the
customers to the UX and functionalities, Omnicar's software solution
SAM is now considered an important part of the business model of many
car dealers and workshops in the Nordics. This means that OmniCar has
increased sales significantly, which has resulted in a new monthly
revenue record of SEK 1.495.000. Compared to the revenue in August
(SEK 1.075.000) it's a very significant milestone for Omnicar Holding
AB.

Claus T. Hansen, Group CEO of OmniCar Holding AB says: "We are working
very hard every day to reach our goals and are constantly in close
dialogue with our customers, so that we can improve their businesses
as well as our own business. The feedback we get from our customers
is that we have a great concept that is crucial to their future when
it comes to keeping and engaging their customers with a solution like
SAM. We are very pleased and proud to announce that we have hit a new
monthly revenue high."

"This is a big step towards becoming a profit-making organization in
2019. We have reported significant quarterly growth, and we expect
continued bottom line growth going forward. This shows that OmniCar
is on the right track."

Contact Information
For more information about OmniCar Holding AB, please contact

Claus T. Hansen, CEO
E-mail: cth@omnicar.dk
Telephone: + 41 79 854 47 69
http://www.omnicar.com/

About Omnicar
The IT company OmniCar has developed a unique software solution called
SAM (Service Agreement Management) for vehicle repair shops and car
dealers. SAM is a digital tool that is designed to automatically
manage future sales and service agreements. SAM helps vehicle repair
shops and car dealers to manage and sell far more service contracts
than before using customized additional services and
subscription-based services that follow each car throughout its
lifecycle.

This information is insider information that OmniCar AB is obliged to
make public pursuant to the EU Market Abuse Regulation. The
information was submitted for publication, through the agency of the
contact person set out above, on October 1, 2018

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http://news.cision.com/se/omnicar/r/omnicar-reaches-new-monthly-revenue-...
http://mb.cision.com/Main/15800/2632355/918868.pdf

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