Ricoh Europe and MapsPeople team up to offer indoor mapping in Ricoh Spaces

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MapsPeople A/S | Ricoh Europe-MapsPeople Partnership

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This announcement does not constitute an offering circular, Prospectus, or other offer document. No one should purchase or subscribe for any securities in MapsPeople A/S ("MapsPeople" or the "Company") except on the basis of information in the Prospectus published by the Company in connection with the Offering and admission of such securities to trading on Nasdaq First North Premier Growth Market Denmark ("First North"), which is available on the Company's website.

Company Announcement No. 10 - 2022. Inside information.

Aalborg, July 5th 2022

Ricoh Europe and MapsPeople have entered into a major partnership agreement concerning integration of the MapsIndoors Platform into Ricoh Spaces, a smart workplace platform designed to optimize businesses in areas such as desktop reservations, space reservations and wayfinding. 

Advanced mapping leverages office technology such as room and desk booking by equipping users with intelligent visualization that adapts to how the office layout changes. In addition, it increases room utilization by automatically removing booked but unused meeting rooms. With advanced mapping users can also track IoT devices on their map in real time. This way, they can always find what they are looking for, increasing efficiency and eliminating the risk of losing costly assets.

“Ricoh is one of the biggest players in the field of smart workplace platforms and we’re very happy to empower the Advanced Mapping solution with MapsIndoors,” says Michael Gram, CEO at MapsPeople. 

“We spent months looking for the ideal mapping partner with the technology we needed and the drive to move forward with an innovative approach. We’ve chosen MapsPeople to start this journey with,” states Nathan Thomas, Head of Technology & Innovation at Ricoh Europe.

This announcement is based on the size of the agreement, which is one of MapsPeople's Top 3 agreements. This announcement does not affect ARR guidance (company announcement no. 1-2022), which remains at DKK 75-85M for 2022.

CONTACT INFORMATION  

MapsPeople A/S

Michael Gram, CEO

Mobile (+45) 53 74 09 00

Email mg@mapspeople.com 

Stigsborgvej 60, 9400 Nørresundby


 

Certified Advisor

Grant Thornton

Jesper Skaarup Vestergaard

Mobile (+45) 31 79 90 00

Grant Thornton Stockholmsgade 45 2100 Copenhagen Ø Denmark

Source: MapsPeople

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