Trig Social Media AB (Publ) announces the Formation of Trig Pay

Stockholm, 16 March 2015: Trig Social Media AB has formed Trig Pay SARL in Luxemburg for the purposes of releasing to its user-base an e-wallet and card-based payments platform. Trig Pay will be integrated into its Trig Money application and its direct payment application with its Trig Direct user-base. The activity will be managed by Jan Raus as Chairman, Roger Blomquist and Angela Nickel as Directors.

Jan Raus (Dutch, born 1954). was a statutory director for a large cooperative bank in the Netherlands responsible for corporate and private banking. He was involved in the setup and support of YES!Delft the incubator for entrepreneurs originating from the Technical University in Delft.

Roger Blomquist (Swedish, born 1958) is entrepreneur with long experience from building international payment solutions related to travel industry. Roger is the founder and principal owner of Mycab International S.A., which is operating 63 countries with a coherent ground transportation concept, known as Mycab.

Angela Nickel (German, born 1967) is the founder and principle owner of GMPS Holding S.A. (Global Mobile Payment Solutions). She is leading the regulatory aspects of TrigPay’s payment programs. Angela’s strengths lies in the ability to unify a robust performance driven team with proven success in varied backgrounds.

The product will be released on the Spanish market after the Easter holidays. It will run for several months in life testing before its general release. 

Company Contact:

Trig Social Media AB

Phone: 46 (0) 40-60 60 284

Fax: 46 (0) 40-692 92 52

Email: info@trig.com                                             

P O Box 1268, S - 131 28 Nacka Strand

Sweden

Investor Relations Contact:

GFEI Aktiengesellschaft

Phone: 49 (0) 511 - 47 40 23 11

Email: lkuhnke@gfei.de

Office Center Plaza, Mailänder Straße 2

30539 Hannover

Germany

About Trig Social Media (Publ)

Trig Social Media is a global social media platform provider who has designed a range of social user-engagement product applications such as Trig.com, Trig Money, Momentik by Trig, Heyhey, and Trig TV. The company also has an Esports’ division and works together with six of the leading teams and players in the world.

Trig is a listed public company on the Frankfurt Stock Exchange with a market cap exceeding EUR 1 bn.

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About Us

Trig Social Media AB (Publ) is a holding company for a portfolio of social media and related user engagement applications. The Company has an existing portfolio of 26.25 million users, of which 23 millon have corporate sponsors to download the company’s income generating application: Trig|money.Trig Social Media AB (Publ) financial model is significantly different from all other companies operating in the social media space, as the company does not rely on click/view advertising etc.Trig Social Media AB (Publ) is currently focused on the 18 countries in which it operates today.

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