Eyeonid Group AB (PUBL) signs a letter of intent with a leading Pan-European retail chain concerning Eyeonid’s ID-monitoring service.

Eyeonid Group AB (Eyeonid) have today signed a letter of intent with a leading Pan-European retail chain concerning sales of Eyeonid’s proactive ID-monitoring service, where Eyeonid will act as an enabler of the complete offering. Both Parties are keen to launch the offer as soon as possible, with a planned start several countries in parallel.

The intention is to launch the service during the fall in several pre-defined markets and after an evaluation of the outcome and the customer journey, launch is planned in further countries. The parties are currently discussing the commercial terms. The final negotiations and the expected agreement are expected to be agreed during August with a subsequent launch.

For any further information, please contact:  

Patrik Ugander, CEO Eyeonid Group AB (publ)
Phone: +46 705 440 168
Mail:
patrik.ugander@eyeonid.com 

Eyeonid was founded in 2014 and has since its inception developed a technically complex and advanced platform for proactive ID protection services. The company's service monitors and alerts customers when sensitive, private and corporate digital information, such as login credentials, credit card numbers and social security numbers, are found at unauthorized sites on the internet, whereupon the customer can act and protect himself.  

This information is information that Eyeonid Group AB (publ) is obliged to disclose under the EU Market Abuse Regulation. The information was provided, through the contact of the above contact person, for publication on July 12, 2019 

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