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Strategic review of Relesys A/S

14:07 / 21 September 2023 Relesys Press release

  

Relesys A/S | Strategic review of Relesys A/S
Press Release No. 1-2023
Copenhagen, September 21, 2023

The Board of Directors of Relesys A/S ("Relesys" or the "Company") has decided to initiate a strategic review. The strategic review shall evaluate funding options and ownership structures to allow the Company to execute its expansion plans and accelerate growth.

Chairman of the Board, Alexander Thomas Martensen-Larsen, says:

"During the last couple of years, Relesys has strengthened its operational platform with increased focus on enterprise customers, entered new markets, optimized the customer base and continued its international expansion. On this basis, it is natural for us to analyze the next steps in the Company's strategic development and as such we have initiated a strategic review of Relesys' options to accelerate growth. We look forward to supporting both current and new clients around the world in growing and optimizing their business by delivering market-leading solutions to engage and unite their employees across multiple work functions and locations."

Relesys has not set a definitive time schedule to complete this review.

Relesys' financial outlook for 2023 is unchanged from the interim report for the first 6 months of 2023.

Relesys does not intend to make further announcements regarding the review unless it concludes that such are warranted by the circumstances or are expressly required by law or by stock exchange rules.

CONTACT INFORMATION

Relesys A/S
Investor Relations
Kassandra Mønster Jensen
Mobile (+45) 42 72 88 51
E-mail: investors@relesys.net
Relesys A/S Orient Plads 1, 2., 2150 Nordhavn, Denmark

 

ABOUT RELESYS 

Relesys is a Software as a Service (SaaS) company founded with the sole purpose of creating a more engaged and united workforce. The communication and performance platform enables companies to strengthen their internal communication and performance, by providing employees access to an intuitive user-friendly app, with all the information they need to succeed in their jobs, thus improving the overall performance.

Relesys has a strong product-market-fit within the retail industry, but the platform has proven valuable for other industries where a large proportion of the workforce is not working from a desk in front of a computer and who is isolated from the rest of the organization. Relesys provides a scalable software solution and has already a proven track record internationally.

On June 30, 2023, Relesys had 195 clients in 14 countries and supports 29 different languages. The customer base of Relesys includes brands such as Salling Group, NorgesGruppen, Specsavers, Bauhaus, Matas, Telia, Carlsberg Danmark, Amcor and Vestas, together with several other market-leading brands.

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