MUST NOT BE PUBLISHED, DISTRIBUTED OR SHARED, DIRECTLY OR INDIRECTLY, IN OR TO THE USA, AUSTRALIA, CANADA, OR JAPAN.
Seluxit enters into coorperation with distributor on IoT technology to Smart Meters
Jesper Frank employed as Sales Director in Seluxit starting 1st of April 2019
Company Announcement No. 7-2018/2019
Aalborg, March 18th, 2019
Seluxit enters into coorperation with distributor on IoT technology to Smart Meters
Seluxit has entered into an agreement with a large distributor of electronics components, on the delivery of radio modules for Smart Meters. First delivery gives a turnover of approx. DKK 3.5 million
CEO Daniel Lux, Seluxit:
”We are really happy to have made an agreement with a distributor of electronics components that deliver worldwide. It enhances our ability to scale sales of standardized modules for IoT solutions. The majority of the order is expected to be delivered during the financial year 2019/20 and is expected to generate a turnover of approx. DKK 3.5 million. We hereby expand our role as supplier of the Internet of Things to Smart Meters. The order does not change the sales and profit expectations announced by Seluxit in the company description of 18 October 2018 for the financial year 2018/19/19”.
Jesper Frank employed as Sales Director in Seluxit starting on 1st of April 2019
Sales Director with great executive experience employed to build the sales organization and contribute to realizing the growth plans for Seluxit
CEO Daniel Lux, Seluxit:
”There has been high interest in the position and we have talked to several really exciting and good candidates. We are very happy to get Jesper Frank in the team and have great confidence that he can contribute to realizing our growth strategy. Jesper is an energetic person with extensive experience, strategic as well as operational, and he sees a huge potential in IoT. He has great international experience in growth markets and strategic technology project sales in Scandinavia, Europe and the USA and looks forward to working in a market with high growth rates. Jesper also has several years of experience with recurring revenue models, including SaaS (Software as a Service). We look forward to the cooperation.” https://www.linkedin.com/in/daniel-lux-05520b1/
Sales Director, Jesper Frank:
”I look forward to becoming a part of a strong team at Seluxit, who is facing a very exciting journey where technology leadership, growth and further internationalization are in focus. There is a great growth potential within IoT solutions, and this, combined with the fact that Seluxit has invested heavily in the development of a future-oriented IoT platform for many years, is enormously exciting and motivating. Together with the other Seluxit employees, I look forward to develop and commercialize Seluxit's great potential”. https://www.linkedin.com/in/jesperfrank/
Further information: CEO Daniel Lux.
You can subscribe to our investor newsletter on https://www.seluxit.com/investors/ and get our company announcements directly to your mail box.
You can also follow news from Seluxit on:
- Homepage: https://www.seluxit.com/blog/
- LinkedIn: https://www.linkedin.com/company/seluxit
- Facebook: https://www.facebook.com/seluxit
| Seluxit A/S Hjulmagervej 32B 9000 Aalborg Denmark Tel. +45 46 922 722 E-mail: investor@seluxit.com Web: www.seluxit.com CVR/VAT nr. 29388237 | Certified Adviser: Norden CEF ApS, V/ John Norden Kongevejen 365, 2840 Holte Tel: +45 20 720 200 E-mail: jn@nordencef.dk Web: www.nordencef.dk CVR/VAT nr. 31933048 |
About Seluxit:
Seluxit is an Internet of Things (IoT) solution provider. We help product manufacturers connect their physical products to the Internet, and benefit from the value of data. Millions of Seluxit-powered IoT products are already deployed in 19 European countries and counting. Seluxit’s vision is to be a major contributor to the story of the Internet of Things — how we humans can orchestrate connected products to improve our lives, while preserving our security and privacy.
- Customers include big international companies with multibillion turnovers
- Financial results have been positive each year since the company’s founding
- Technological advantage has been created through a focused reinvestment
- Workforce of 20 includes 12 nationalities