20.05.2019 10:52:58

DGAP-Adhoc: Softing AG: Globalmatix Signs Contract with Key Account

DGAP-Ad-hoc: Softing AG / Key word(s): Incoming Orders
Softing AG: Globalmatix Signs Contract with Key Account

20-May-2019 / 10:52 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Globalmatix AG, a 100% subsidiary of Softing AG, signed a contract with a key account customer for the delivery of hardware and services for the management of commercially used mixed brand automotive fleets. The contract initially covers a term of five years. The key account customer, a 100% subsidiary of a large German car manufacturer, will offer their customers service products for fleet management and for the remote monitoring of the vehicle, based on telemetry and diagnostic data provided by Globalmatix.

A primary reason to choose Globalmatix had been the wide number of parameters accessible, the high level of penetration safety and the fact that Globalmatix covers all aspects needed to deposit the requested data in a protected cloud.

The key account customer will start marketing and sales of its service products in late summer of 2019. Globalmatix expects more than 200.000 vehicles being connected during the term of the contract.

Globalmatix believes that this contract will be a reference and facilitator for a number of other potential customers to follow.


Contact:
Dr. Wolfgang Trier
CEO

20-May-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: Softing AG
Richard-Reitzner-Allee 6
85540 Haar
Germany
Phone: +49 (0)89 456 56-333
Fax: +49 (0)89 456 56-399
E-mail: InvestorRelations@softing.com
Internet: www.softing.com
ISIN: DE0005178008
WKN: 517800
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 813311

 
End of Announcement DGAP News Service

813311  20-May-2019 CET/CEST

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