SDS signs another reseller microcredit agreement

SDS has signed a reseller microcredit agreement in yet another African country. The agreement has been entered into with Congo's leading mobile operator and means, among other things, that SDS charges a credit fee which is shared with the operator. This is the first time this type of service has been used in Congo and SDS will soon have the service installed at seven operators in different markets. The agreement is expected to make a positive contribution to SDS's recurring revenues from the fourth quarter of this year.

The service is based on SDS's flagship platform, ERS 360, and enables resellers to request a microloan for airtime stock. This way, the operator can always sell replenishment of airtime without any business interruption.

"To sign an agreement in yet another country is strong evidence of the increased need for digitalization and microcredit services as a result of social distancing. The service increases the availability for resellers to continuously sell airtime by digitally replenishing their inventory without having to physically travel to do so, " says Tommy Eriksson, CEO of SDS AB.

The service intelligently assesses and scores resellers based on their risk profile and sales patterns to offer customized stock loan for each individual, thereby, credit offered can vary based on advanced profiling and risk mitigation algorithms. This service allows resellers to continue selling and receive commissions even though their original stock has run out.

SDS's acts as a virtual distributor for the telecom operator and has acquired stock credit at a discounted price for talk time, which will be disbursed to resellers who are out of stock and need to refill immediately. This service is extended for a fee that SDS shares with the mobile operator. SDS bears all credit risks and associated costs for the service. This means that the operator can improve and strengthen its offer to its distributors and resellers without any additional risks or costs.

The deal includes a discount on talk time credit to SDS and revenue sharing with the mobile operator and is expected to contribute to SDS's recurring revenues from the fourth quarter of this year.

For more information contact:
Martin Schedin
Chief Financial Officer
+46 70 438 14 42
martin.schedin@seamless.se

About Seamless Distribution Systems AB (SDS)
SDS is a Swedish software company group that provides solutions and services for digital sales and distribution to private consumers through mobile operators in emerging markets. The company offers its corporate customers a comprehensive solution for digital distribution and electronic transactions processing. SDS acquired eServGlobal in July 2019. The SDS Group now has customers in all parts of the world, with a footprint in more than 50 countries, reaching over 500 million mobile users through more than 2,000,000 active points of sale. SDS has approximately 220 employees in Sweden, France, Romania, Belgium, Ghana, Nigeria, USA, Pakistan, India, Indonesia, South Africa, Ecuador and the United Arab Emirates. With over 30 years of experience, SDS focuses on high-level customer satisfaction and efficient operations. SDS manages over 15 billion transactions annually, worth more than 14 billion US dollars and enables the growing populations in emerging markets to become part of the mobile revolution.

SDS shares are listed on Nasdaq First North Premier.
The company's Certified Adviser is FNCA Sweden AB, phone number 08-528 00 399, email: info@fnca.se

Genombrottsorder på 7,5 MSEK från en av världens största telekomgrupper

Seamless Distribution Systems (SDS) har fått en genombrottsorder värd 7,5 miljoner SEK från en av världens största teleoperatörsgrupper. Ordern har erhållits via SDS:s kenyanska partner, Baran Telecom Networks, och avser leverans av en fullskalig supply chain-lösning. Ordern är den första till denna kund och innebär, förutom expansion till en ny marknad med framtida ytterligare möjligheter, att SDS avsevärt stärker sin kundbas och produktportfölj.


Breakthrough order of SEK 7.5 million from one of the world's largest telecom groups

Seamless Distribution Systems (SDS) has received a breakthrough order worth SEK 7.5 million from one of the world's largest telecom operator groups. The order was received through SDS's Kenyan partner, Baran Telecom Networks, and involves the delivery of a full-scale supply chain solution. The order is the first from this client and means, besides expanding into a new market with many future opportunities, that SDS significantly strengthens its client base and product portfolio.


Styrelsen för SDS beslutar om spridningsemission

DETTA PRESSMEDDELANDE FÅR INTE OFFENTLIGGÖRAS, PUBLICERAS ELLER DISTRIBUERAS, DIREKT ELLER INDIREKT I ELLER TILL AUSTRALIEN, HONGKONG, JAPAN, KANADA, NYA ZEELAND, SYDAFRIKA, SYDKOREA, SCHWEIZ, SINGAPORE, USA ELLER NÅGON ANNAN JURISDIKTION DÄR SÅDAN ÅTGÄRD HELT ELLER DELVIS ÄR FÖREMÅL FÖR LEGALA RESTRIKTIONER. DETTA PRESSMEDDELANDE UTGÖR INTE ETT ERBJUDANDE ATT FÖRVÄRA VÄRDEPAPPER I SEAMLESS DISTRIBUTION SYSTEMS AB (PUBL). SE ÄVEN AVSNITTET "VIKTIG INFORMATION" NEDAN.

Styrelsen för Seamless Distribution Systems AB (publ) ("SDS" eller "Bolaget") har idag beslutat om en riktad nyemission av aktier till allmänheten om högst 2,5 MEUR, motsvarande cirka 26,5 MSEK ("Erbjudandet"), med stöd av det bemyndigande som erhölls från årsstämman den 3 juni 2020. Syftet med Erbjudandet är att få en större spridning av ägandet i Bolaget för att skapa förutsättningar för en bättre likviditet i handeln med aktien, samt tillföra Bolaget kapital för att genomföra tillväxtsatsningar samt finansiera den fortsatta förvärvsstrategin. Teckningskursen för aktierna i Erbjudandet ska motsvara den volymviktade genomsnittskursen på Nasdaq First North Premier Growth Market ("Nasdaq First North Premier") under anmälningsperioden, som löper från och med den 17 september till och med den 29 september 2020, med en rabatt om tio (10) procent.


The Board of Directors of SDS has resolved on a directed issue of shares to the public

This press release is not intended for release, publication or distribution, directly or indirectly, in or into Australia, Hong Kong, Japan, Canada, New Zealand, South Africa, South Korea, Switzerland, Singapore, the United States or any other jurisdiction where such distribution of this press release would be subject to legal restrictions. This press release does not constitute an offer of any securities of Seamless Distribution Systems AB (publ). See also section "Important information" below.

The Board of Directors of Seamless Distribution Systems AB (publ) ("SDS" or the "Company") has today resolved on a directed issue of shares to the public in Sweden of no more than 2.5 MEUR, corresponding to approximately 26.5 MSEK (the "Offering"), based on the authorization given by the annual general meeting on 3 June 2020. The purpose of the Offering is to get a wider distribution of the ownership of the Company's shares to create prerequisites for a more liquid trading in the share, as well as to finance growth investments and the ongoing acquisition strategy. The subscription price for the shares in the Offering shall be equal to the volume weighted average price for the share on Nasdaq First North Premier Growth Market ("Nasdaq First North Premier") during the application period, which will run between 17 September until 29 September 2020, with a discount of ten (10) percent.


SDS tecknar ytterligare ett återförsäljaravtal om mikrokredittjänster

SDS har tecknat ett återförsäljaravtal avseende mikrokrediter i ytterligare ett afrikanskt land. Avtalet har ingåtts med Kongos ledande mobiloperatör och innebär bland annat att SDS tar en kreditavgift som delas med operatören. Det är första gången denna typ av tjänst används i Kongo och SDS har snart tjänsten installerad hos sju operatörer på olika marknader. Avtalet förväntas bidra positivt till SDS:s återkommande intäkter från fjärde kvartalet i år.


SDS signs another reseller microcredit agreement

SDS has signed a reseller microcredit agreement in yet another African country. The agreement has been entered into with Congo's leading mobile operator and means, among other things, that SDS charges a credit fee which is shared with the operator. This is the first time this type of service has been used in Congo and SDS will soon have the service installed at seven operators in different markets. The agreement is expected to make a positive contribution to SDS's recurring revenues from the fourth quarter of this year.


SDS erhåller order till ett värde av 1,3 miljoner SEK från en ledande mobiloperatör i Nordafrika

Ordern, värd 1,3 miljoner SEK, har erhållits från en befintlig kund som kom med förvärvet av eServGlobal i juni 2019. Kunden är en ledande mobiloperatör i Nordafrika och ordern inkluderar installation av Active-Active-funktionen som en del av en plattformsförbättring samt ett plattformsbyte från PayMobile till SDS:s flaggskeppsprodukt, ERS 360°.


SDS receives order, valued SEK 1.3 million, from a leading mobile operator in North Africa

The order, valued SEK 1.3 million, has been received from an existing customer that came with the acquisition of eServGlobal in June 2019. The customer is a leading mobile operator in North Africa and the order includes the deployment of the Active-Active feature as part of a platform enhancement as well as a platform swap from PayMobile to SDS' flagship product, ERS 360°.


SDS har tagit tio nya ordrar i sex länder under sommaren

SDS har under sommaren vunnit tio nya ordrar till ett sammanlagt värde av 4,1 MSEK. Affärerna kommer från befintliga kunder som är de ledande mobiloperatörerna i Bissau, Nigeria, Rwanda, Ghana, Irak och Förenade Arabemiraten.


SDS received ten new orders in six countries during the summer

During the summer, SDS won ten new orders worth SEK 4.1 million. The orders received are from existing customers and leading mobile operators based in Bissau, Nigeria, Rwanda, Ghana, Iraq and the United Arab Emirates.


Genombrott för SDS teknik i Irak

SDS har i samarbete med ZainCash Iraq, en ledande aktör inom fintech i regionen, slutfört utbetalningen av så kallade helikopterpengar till den irakiska befolkningen till följd av COVID-19. Ordern värd 1,2 miljoner SEK från ZainCash Iraq inkluderade en mjukvarulicensförlängning och bidrog till intäkterna under andra kvartalet i år. Det är första gången SDS, med hjälp av sin teknik, stöder en regering med kontantlösa transaktioner.


Breakthrough for SDS' technology in Iraq

SDS, in partnership with ZainCash Iraq, a leader in fintech within the region, has completed disbursement of COVID-19 emergency relief funds to the Iraqi population. The order worth SEK 1.2 million, from ZainCash Iraq, included a software license extension and contributed to revenue in the second quarter of this year. It is the first time SDS, with the help of its technology, supports a government with cashless transactions.


SDS tecknar ett återförsäljaravtal med Rwandas ledande mobiloperatör om mikrokredittjänster

SDS har tecknat ett återförsäljaravtal i ytterligare ett land avseende mikrokrediter. Denna gång med Rwandas ledande mobiloperatör. Avtalet innebär bland annat att SDS tar en kreditavgift som delas med operatören. Tjänsten är den första av sitt slag i Rwanda och förväntas bidra positivt till SDS:s återkommande intäkter från fjärde kvartalet i år.


SDS signs a reseller microcredit agreement with a leading mobile operator in Rwanda

SDS has signed a reseller microcredit agreement with Rwanda's leading mobile operator. The agreement means, among other things, that SDS receives a credit fee for the service which is shared with the operator. The service is the first of its kind in Rwanda and is expected to make a positive contribution to SDS's recurring revenues from the fourth quarter of this year.




SDS tecknar ett återförsäljaravtal om mikrokredittjänster med Nigerias ledande mobiloperatör

SDS har tecknat ett återförsäljaravtal avseende mikrokrediter med Nigerias ledande mobiloperatör. Avtalet innebär bland annat att SDS tar en kreditavgift som delas med operatören. Tjänsten är den första av sitt slag i Nigeria, som är Afrikas största marknad, och förväntas bidra positivt till SDS:s återkommande intäkter från tredje kvartalet i år.


SDS signs a reseller micro credit services agreement with the leading operator in Nigeria

SDS has signed a microcredit reseller agreement with Nigeria's leading mobile operator. The agreement means, among other things, that SDS does a revenue share of credit fees with the operator. The service is the first of its kind in Nigeria, which is Africa's largest market, and is expected to make a positive contribution to SDS's recurring revenues from the third quarter of this year.


SDS erhåller nya ordrar till ett värde av 2,1 MSEK

SDS har fått nya ordrar, till ett sammanlagt värde av 2,1 MSEK, från en befintlig kund som är en av de ledande mobiloperatörerna i Elfenbenskusten samt från den ledande mobiloperatören i Djibouti. Ordrarna avser mjukvarufunktioner som lägger till ny kapacitet till den befintliga operativa kritiska plattformen. Leveransen kan utföras av SDS på distans.


SDS receives new orders worth SEK 2.1 million

SDS has received two new orders, totaling SEK 2.1 million, from an existing customer who is one of the leading mobile operators in Ivory Coast and from the leading mobile operator in Djibouti. The orders are for software features that increase the capacity of the existing operational critical platforms. Delivery can be carried out by SDS remotely.


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