Netmore Group AB (publ) and Falkenberg Energi AB collaborate to develop IoT networks in Falkenberg Municipality

Falkenberg Energi has chosen to partner with Netmore for the expansion of Internet of Things (IoT), based on LoRaWAN technology, in Falkenberg Municipality. Since September 2019, Falkenberg Energi has evaluated the technology and they have now chosen to invest in LoRaWAN and expand the network throughout the municipality. The IoT network will be used internally by the electricity company, but also by various interests within the municipality and private companies.

“It will be exciting to see how this collaboration can affect digitalization in Falkenberg Municipality. The possibilities with Internet of Things are enormous and Falkenberg Energi possesses great technical understanding which will result in an exciting future for both the municipality and our cooperation.” says Fredrik Skoglund, Head of Connected City, Netmore

“Digitization is one of the municipality's most important development areas. Right now, new technology is being invested in meeting the demands expected of citizens and customers. Therefore, it feels extra good that we at Falkenberg Energi together with Netmore can provide an infrastructure that will enable this for the future.” says Johan Pärlsjö, Digitalization Manager, Falkenbergs Energi AB

For more information,

Fredrik Skoglund, Netmore, fredrik.skoglund@netmoregroup.com

Johan Pärlsjö, Falkenberg's Energy, johan.parlsjo@falkenberg.se

Netmore Group AB is an IoT operator that develops a comprehensive solution for cities, industries, properties and homes. Together with our partners we build a safe and sustainable ecosystem for Internet of Things, locally, nationally and global. Netmore Group was formed in 2010 and since 2017 listed on the Nasdaq First North Growth Market.

G&W Fondkommission is the Company's Certified Adviser regarding the listing at Nasdaq First North Growth Market.

Tel: 08-503 000 50, e-mail: ca@gwkapital.se