Artificial Solutions Appoints Fredrik Törgren as CFO

Artificial Solutions® (SSME:ASAI) the leading specialist in enterprise-strength conversational AI, announced today that it has appointed Fredrik Törgren as CFO. With an extensive background in financial management and investor relations, plus an in-depth understanding of technology companies, Fredrik, who succeeds Chris Bushnell, who is remaining with the company, will lead the Finance and Accounting department as well serve as financial advisor to the company's senior management team.

Fredrik’s most recently role was as CFO at Inteno Group and has 20 years of experience from various senior financial, business development, M&A and capital markets roles within Ericsson, as Corporate Finance Director at Handelsbanken Capital Markets and as an investor at, among others, Provider Venture Partners and Swedfund.

"We're delighted to welcome Fredrik to the company and look forward to his valuable input as the conversational AI sector continues its rapid trajectory," says Lawrence Flynn, CEO of Artificial Solutions. "His vast financial experience in both the capital markets and the technology industry will be of great benefit to Artificial Solutions."

Reporting directly to Lawrence Flynn, CEO of Artificial Solutions, Fredrik will oversee the company's financial operations from its headquarters in Stockholm as of the 7 September 2020.

"It's great to be joining one of the foremost companies in conversational AI at what is undoubtably a very exciting time in the marketplace," says Fredrik Törgren. "I am looking forward to working closely with Lawrence and the rest of the senior management team to help capitalise on the growth opportunities and to drive profitability within the company."

Prior to Inteno Group, Fredrik was at Ericsson where he led the IT & Cloud Services Business Area Finance operations including M&A activity. Other senior roles include positions with Swedfund, Handelsbanken Capital Markets and Provider Venture Partners.

For more information:

Lawrence Flynn, CEO, Artificial Solutions

Tel: +44 (0)1635 523267

Email: lawrence.flynn@artificial-solutions.com

About Artificial Solutions International AB

Artificial Solutions (SSME:ASAI) is the leading specialist in enterprise-strength conversational AI, a type of artificial intelligence that enables people to communicate with applications, websites and internet-connected devices in a human-like manner through voice, text, touch or gesture interaction.

The Company’s advanced AI platform, Teneo, makes it possible for larger global corporations to collaborate with developers and together create sophisticated and highly intelligent conversational AI applications that runs over 35 languages, on multiple platforms and communication channels. The ability to analyze and benefit from the huge amount of conversation data is completely integrated into Teneo, which allows for unmatched insight into the customers’ behaviors.

Artificial Solutions’ technology for conversational AI makes it easy to implement a wide spectrum of applications with natural language, such as virtual assistants, chatbots, voice-based conversational interfaces for smart devices, and more. The technology is already used by millions of people today in hundreds of implementations within both the public and private sector globally. For more information, please visit www.artificial-solutions.com.

About Us

Artificial Solutions® is the leading specialist in enterprise-strength conversational AI, a form of Artificial Intelligence that allows people to communicate with applications, websites and devices in everyday, humanlike natural language via voice, text, touch or gesture input. Designed for the global enterprise, Artificial Solutions’ advanced conversational AI platform, Teneo®, allows business users and developers to collaborate on creating sophisticated, highly intelligent applications that run across 35 languages, multiple platforms and channels in record time. The ability to analyze and make use of the enormous quantities of conversational data is fully integrated within Teneo, delivering unprecedented levels of insight that reveal what customers are truly thinking. Artificial Solutions’ conversational AI technology makes it easy to implement a wide range of natural language applications such as virtual assistants, chatbots, speech-based conversational UIs for smart devices and more. It is already used daily by millions of people across hundreds of private and public sector deployments worldwide.

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