Netmore Group AB (publ) enter partner agreement with Elisa Corporation

Netmore Group AB has signed a framework agreement with Elisa Corporation for supplying private network solutions in Sweden and Finland based on industry standards such as 2G, 3G, 4G, 5G, WiFi and NB-IoT.

Elisa Corporation is Finland's largest telecom operator and, with this agreement, Elisa and Netmore will act as preferred partners. Together, Elisa and Netmore will offer and, upon order, build private network solutions in Sweden, which via Netmore's core network will be integrated with Elisa's solutions for given customer. As a preferred partner, Netmore has the opportunity to establish similar solutions for Swedish customers in Finland, together with Elisa as a partner.

"We are delighted and proud to have partnered with Elisa, Finland's leading operator. Both Swedish and Finnish customers can now get private mobile networks for their facilities in both countries." - says Rikard Slunga, Head of Operation, Netmore Group.

"Elisa sees great potential in meeting the needs for private networks for industrial customers. With Netmore as a partner in Sweden, Elisa can now offer their customers private networks for production facilities located in Sweden. Netmore is a flexible partner with innovative solutions that suit Elisa.” -Says Eetu Prieur, Director, Mobile Solutions, Elisa Corporation.

For more information,

Rikard Slunga, Head of Operation, Netmore Group, rikard.slunga@netmoregroup.com, +46731 723 002

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