EYEON GROUP AB (publ): Enters agreement with a Nordic telecom operator

Eyeon Group AB enters into an agreement with a local telecom operator in the Nordic region regarding resale of EyeonGroup's ID protection service as a white-label product to the operator's customer base in the operator's local market.

The agreement further expands EyeonGroup's reseller network with an additional telecom operator. The parties will begin project implementation, and the launch to the operator's consumer market is planned for Q1 2025.

The agreement is initially for one year, with automatic 12-month renewals unless either party chooses to terminate the agreement. The minimum contract value amounts to 24 000 EUR per year, with an implementation fee of 15 000 EUR. There is potential for gradually higher revenues depending on how many end-users subscribe to the service. The agreement will generate revenue from the start.

For further information, contact

Fredrik Björklund, CEO, Eyeon Group AB (publ.)

Phone: +4670-892 35 92

E-mail: fredrik.bjorklund@eyeonid.com

About EyeonGroup

Eyeon Group AB (publ) was founded in 2015 and is a SaaS provider that, through proprietary technology for collecting, analyzing and packaging data, develops and sells smart solutions that make life on the internet easier and safer for people, companies and organizations. The company provides business solutions within IT security, privacy protection services and AI-based data solutions. These are primarily aimed at the B2B market in Europe for industries such as e.g. banking, insurance, telecom and hosting.