LINK Mobility wins large new contracts with US utilities

09 Jan 2023 08:00 CET

Company Name

LINK MOBILITY GROUP HOLDING, Link Mobility Gro ASA 20/25 3.375 EUR

ISIN

NO0010894231, NO0010911506

Market

Oslo Børs

Symbol

LINK

LINK Mobility (LINK) has through its fully consolidated US subsidiary Message
Broadcast signed two new 3-year contracts, worth USD 4.6 million and USD 3.0
million respectively, with US utilities covering both messaging solutions and
critical events messaging. The estimated amounts are not including unforeseen or
non-committed messaging volumes.

Message Broadcast will supply the utilities with its unique Enterprise
Omnichannel Notification System (EONS). EONS is a single engagement CPaaS
platform to design, deploy and manage customer interactions for critical events.
The system delivers highly reliable communication to utility consumers during
critical times i.e., power cuts due to adverse weather, natural disasters, and
environmental demands.

The contract wins further strengthens LINK’s strong position with large US
utilities for digital messaging to increase customer satisfaction and to comply
with regulatory required consumer communication. Utilities face material
regulatory reactions in case of non-compliance.

The utilities are both Fortune 500 companies with more than 10,000 employees and
several million customers.


For further information, please contact

Tom Rogn, VP Investor Relations
+47 94 85 56 59
tom.rogn@linkmobility.com


About LINK Mobility

LINK is an award-winning, leading global provider of mobile messaging and
communications platform as a service (CPaaS) solutions for increased engagement.
The company serves enterprise, SME, and government customers. LINK offers a wide
range of innovative and scalable mobile solutions, creating valuable digital
convergence between businesses and customers, governments and citizens,
platforms and users. LINK has 50,000 customer accounts globally and exchanges 15
billion messages a year. LINK is listed on the Oslo Stock Exchange under the
ticker LINK. For more information about LINK, please see www.linkmobility.com
and follow LINK Mobility on LinkedIn.


Source

Link Mobility Group Holding ASA

Provider

Oslo Børs Newspoint