Artificial Solutions changes name to Teneo AI AB

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Artificial Solutions International AB (publ) ("Artificial Solutions") today announces that the company will change its name to Teneo AI AB ("Teneo" or the "Company") in accordance with a resolution made at Artificial Solutions' Annual General Meeting on 26 June 2024. On 20 August, trading will commence under the new ticker TENEO.

The new company name has been registered by the Swedish Companies Registration Office and trading in the Company's shares will take place under the new name Teneo AI AB (short name: TENEO) as of 20 August 2024. The ISIN code will continue to be SE0018397184. The FISN code will change to TENEO/SH.

In connection with the name change, a new investor relations website has been launched where company information and press releases will be presented in the future. Visit it at www.teneo.ai/investors.

"We initiated a rebranding of our go-to-market brand last year and now all our customer-facing material is available on Teneo.ai. In addition, our sales organization contacts potential customers from Teneo.ai. This has proved to be positive for our market recognition and we are therefore changing the name of our company to Teneo.ai”, says CEO Per Ottosson.

For further information, please contact:

Fredrik Törgren, CFO, Artificial Solutions
e-Mail: fredrik.torgren@artificial-solutions.com

About Teneo AI AB

Teneo.ai (SSME: TENEO) is at the forefront of AI-driven automation for voice and text-based customer service. Our Teneo platform leverages cutting-edge Conversational AI, Generative AI, and Large Language Models to enhance the efficiency and effectiveness of customer interactions. We simplify Voice AI integration, ensuring a seamless experience that reduces losses in automated conversations and maximizes the value of existing technology investments.  

Our innovative solutions help businesses expand their customer base, boost revenue, and reduce churn, enabling the realization of the Agentless Contact Center concept. This approach delivers tangible ROI through lower cost as contact center agents are freed to conduct higher value tasks, improved customer satisfaction (CSAT), first contact resolution (FCR), and call containment.  

Proudly serving global leaders like AT&T, HelloFresh, Swisscom, and Telefónica, Teneo.ai has revolutionized customer service automation, directly automating up to 40% of operations and achieving up to 50% cost savings. Our patented technology integrates effortlessly with any Conversational AI platform, supporting both chat and voice applications. This integration enhances critical metrics such as growth, FCR, CSAT, and Net Promoter Score (NPS), ensuring our clients achieve superior outcomes in customer service.  

Teneo.ai is listed on Nasdaq First North Growth Market in Stockholm with short name TENEO. Redeye is the Company's Certified Adviser.  

Learn more at www.teneo.ai/investors

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