Kongsberg Precision Cutting Systems places two-year order for XMReality Remote Guidance

Kongsberg Precision Cutting Systems, a manufacturer of state-of-the-art digital cutting systems used for precision cuts at high speeds for packaging, signage, and display purposes has signed a two-year software contract for XMReality Remote Guidance.

Kongsberg plans to use a company branded version of XMReality Remote Guidance primarily for support to their customer base and field support between technicians. Kongsberg Precision Cutting Systems was acquired by OpenGate Capital, a global private equity firm in December 2020.

“We will do our utmost to support Kongsberg during their deployment phase to ensure they end up with great results”, says Jörgen Remmelg, CEO at XMReality.

About XMReality Remote Guidance™
XMReality Remote Guidance is an AR-enabled knowledge sharing tool that lets you communicate with gestures, speech, chat and pointers with someone at a completely different place. It includes:

A unique hands-overlay technology that lets you guide someone else’s hands—as if you were there.
A web portal to manage teams and users, and to measure usage
Integration through client-side API’s (Application Programming Interfaces)

About XMReality
XMReality develops and sells solutions that revolutionizes knowledge sharing through Augmented Reality (AR). The company is a market leader in Remote Guidance, which uses AR to guide onsite staff to enable quick dispositions, resolutions and/or problem prevention. The product is currently used in more than 60 countries. ABB, Nestlé, Electrolux, AB Inbev, Sidel, Hexagon, Bühler and Minibea Intec are some of the more than 90 Enterprise customers. With operations in Sweden and US, XMReality is listed on Nasdaq First North (ticker: XMR). Further information is available under www.xmreality.com

About Kongsberg Precision Cutting Systems
Kongsberg Precision Cutting Systems (‘Kongsberg PCS’) delivers robust and reliable digital cutting solutions to wide format, packaging, and industrial markets worldwide. The research and development facility is located in Kongsberg, Norway, where the company was founded in 1965. The production site is in Brno, Czech Republic. The global head office and customer experience center are in Ghent, Belgium. Kongsberg Precision Cutting Systems is owned by OpenGate Capital – a private equity firm headquartered in Los Angeles, California, with a European office in Paris and investments on five continents. Further information is available under: www.kongsbergsystems.com