Wyld Networks receives purchase order of SEK 770,000 for delivering software for IoT devices in the utilities sector

Wyld Networks and a Nordic IoT company sign a contract for SEK 770,000 to deploy Wyld’s TRIoT software stack for the utilities vertical in Europe.

Wyld’s Nordic partner develops wireless communication solutions with multiple organizations and institutions to solve complex problems in large scale internet of things installations.

The ongoing partnership is based on Wyld’s IoT software solutions and the unique wireless capabilities they enable. Initially, Wyld will solve connectivity challenges in utility metering.

“Wyld are pleased to announce the receipt of this purchase order for our device software,” said Alastair Williamson, CEO of Wyld Networks. “…as we continue to develop and deploy IoT solutions to simplify data collection.”

For further information, please contact
Alastair Williamson, CEO Wyld Networks
Email: alastair.williamson@wyldnetworks.com
Tel: +44 7 824 997 689

About Wyld Networks AB
Wyld Networks develop and sells innovative wireless technology solutions that enables affordable connectivity anywhere in the World, addressing the problems for businesses and people regarding the lack of global mobile network coverage. The solutions are mainly targeted to wireless connectivity for the Internet of Things (IoT) and people.

Wyld Networks Ltd was formed in Cambridge, UK in 2016 and is a wholly owned subsidiary of Wyld Networks AB.

The Wyld Networks share (WYLD) is traded on the Nasdaq First North Growth Market. Certified Adviser is Mangold Fondkommission AB (tel +46 8-5030 1550, email ca@mangold.se).

Read more on www.wyldnetworks.com