CLX Communications Signs Framework Agreement with a Leading Social Networking Service for Professionals

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Stockholm, Feb 2, 2016

CLX Communications’ enterprise division has signed a framework agreement to provide cloud communications services to a leading social networking service for professionals.

The non-binding, non-exclusive framework agreement follows successful technical integration and includes CLX’s mobile messaging services where CLX provides global coverage for message delivery.

The contract period is 12 months with automatic renewal unless either party terminates the agreement. The value of the contract is dependent on the actual service utilization.

Robert Gerstmann, GM for CLX’s enterprise division CLX Networks, comments: "We are very happy to have signed this framework agreement. CLX’s strong international presence, including USA, combined with our unparalleled number of direct mobile operator relationships globally enables CLX to truly support business critical communications for global brands."

For more information, please contact:
Odd Bolin, CFO, CLX Communications, +46 8 32 75 10, ir@clxcommunications.com
Kristian Männik, CMO, CLX Communications, +46 8 32 75 10, pr@clxcommunications.com

About CLX Communications
CLX Communications (CLX) is a leading global provider of cloud-based communications services and solutions to enterprises and mobile operators. Mobile communications services from CLX make it possible for enterprises to communicate globally with people and connected devices (Internet of Things, IoT) swiftly, securely and cost-effectively. CLX's solutions enable business-critical communication worldwide via mobile messaging services (SMS), voice services and mobile connectivity services for IoT. CLX has grown profitably since the company was founded. The Group is headquartered in Stockholm, Sweden, and has sales offices in more than 10 countries. The shares of CLX Communications were listed on the Nasdaq Stockholm exchange (ticker CLX) on 8 October 2015.

For more information see www.clxcommunications.com

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Quick facts

CLX Communications AB is a leading global provider of cloud-based communications services to business and software solutions to mobile operators. CLX flexible interface allows businesses to securely and cost-effectively communicate globally with their customers and connected devices (Internet of Things) via SMS, voice and mobile data. Thanks to the direct operator relationships CLX reaches just over 7 billion mobile phones and connected devices in the world. CLX has over 550 corporate customers and 70 operator customers. The company was founded in 2008 and is headquartered in Kista, Stockholm and offices in 10 countries. Sales 2014/2015 was 844 million. For more information see www.clxcommunications.com.
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Quotes

We are very happy to have signed this framework agreement. CLX’s strong international presence, including USA, combined with our unparalleled number of direct mobile operator relationships globally enables CLX to truly support business critical communications for global brands.
Robert Gerstmann, GM for CLX’s enterprise division CLX Networks