Huddly signs major Distributor Agreement with leading Global Industry Player

29 Oct 2024 08:55 CET

Huddly today signed a Distributor Agreement with a leading global industry
player in the audiovisual sector (the Agreement).

The Agreement is expected to lead to significant yearly revenues for Huddly with
cash effect from Q1 2025. The Agreement is global and has an initial period of
12 months, with an extension period of an additional 12 months. Huddly will
deliver products that are Microsoft Teams certified camera solution kits.

“This Agreement is an important milestone for Huddly and an acknowledgement of
our superior patented technological solutions”, says Rósa Stensen, CEO of
Huddly.

Contacts

For more information, please contact:

Rósa Stensen, CEO
Mobile: +47 476 55 376
E-mail: rosa.stensen@huddly.com

Abhijit Saha Banik, CFO
Mobile: +47 408 30 964
E-mail: abi.banik@huddly.com

The information above is subject to the disclosure requirements in accordance
with the EU Market Abuse Regulation. This stock exchange notice was published by
CFO Abhijit Banik at 08:55 CEST on 22 August 2024.


About Huddly

Disruptive innovation is our heartbeat at Huddly. We're committed to pushing
technology and challenging the status quo in order to empower human
collaboration. Combining our industry-leading expertise in artificial
intelligence, software, hardware, and UX, we craft intelligent camera systems
that enable inclusive and productive teamwork.

Huddly cameras are designed to provide high-quality, AI-powered video meetings
on major platforms, including Microsoft Teams, Zoom, and Google Meet. With
upgradable software, durable hardware, and engaging user experiences, they are
the ideal choice for organizations seeking future-proof, scalable, and
sustainable solutions.

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