Use of XMReality Remote Guidance increases significantly

During the month of April the use of XMReality Remote Guidance increased with almost 1,000% compared to the same month 2019. In the January-March 2020 Interim Report, an increase of 300% was reported for the quarter and during the month of April these numbers doubled. Compared with January 2020 the increase in use was over 600%.

“The increased use can be attributed both to several new customers but primarily to existing customers that are extending their use of Remote Guidance. For us it’s very pleasing to see this significant increase in use since it signals that our solution helps our customers to keep their business running during this covid-19 situation” 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 in a completely different location. 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 AB
XMReality AB (publ) 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 and enable them to resolve or prevent problems. XMReality’s customers are mainly global industrial companies, including ABB, Siemens Industrial Turbomachinery, Electrolux and Bombardier. XMReality is headquartered in Linköping, Sweden, and is listed on Nasdaq First North Growth Market (ticker: XMR). www.xmreality.com

The company’s Certified Adviser is Redeye AB
Phone: +46 (0)8 121 576 90
Certifiedadviser@redeye.se
www.redeye.se

The information in this news release is such that XMReality AB (publ) is required to make public in accordance with the Market Abuse Regulation issued by the EU. The information was released by the aforementioned contact person for publication on Tuesday, 5 May 2020 at 11.30 CET.