ABAX disputes Greater Than’s claims in its entirety

12 Jan 2025 21:01 CET

Larvik (Norway), January 10, 2025 - In reference to the press release of January
10th issued
by Greater Than, accusing ABAX of infringing upon contractually regulated
intellectual
property (IP) rights, ABAX categorically refutes these allegations.

ABAX find it necessary to address the statements made, as these claims are not
only unfounded
but misrepresentative of the facts. With reference to the already ongoing and
now indicated
litigations, ABAX will refrain from making any further comments at this time.

For more information, please contact:
Sofia Toll, CMO, ABAX
Email: sofia.toll@abax.com
Phone: +46 707260459

ABOUT ABAX

ABAX is a leading European telematics IoT platform offering connected mobility
solutions for
vehicle tracking, tool tracking, and equipment control. Our mission is to
provide mobility data
insights that help customers optimize field operations, comply with regulations,
and achieve
significant savings. With over 500,000 tracked assets and 40,000 customers, ABAX
delivers
reliable and powerful solutions for businesses relying on field workforces,
logistics, and heavy
equipment. Our advanced platform transforms customer needs into actionable
insights and
automated reporting, driving efficiency and operational excellence.

This information is information that ABAX Group AS is obliged to make public
pursuant to the EU
Market Abuse Regulation 596/2014. The information was submitted for publication,
with contact
persons set out above, at 17:39 CEST on the 10th of January 2025

More information:
Access the news on Oslo Bors NewsWeb site

636341_Press release ABAX vs GT Jan 10_final approved.pdf