H&D Wireless Receives Breakthrough Order

PR76804

STOCKHOLM, Dec. 17, 2018/PRNewswire=KYODO JBN/ --

- Keolis invest in IoT technology for efficiency of bus depot - order value 1.2

MSEK

    Nasdaq First North Listed H&D Wireless AB has received an order from

Keolis. The bus and transport company will install H&D Wireless IoT system

solution GEPS(TM) Yard Manager in the Hornsberg and Bromma depots. This is to

streamline its flow and facilitate planning of maintenance, repair and save

work time for staff. The initial order has a value of 1.2 MSEK.

    (Logo: https://mma.prnewswire.com/media/494475/H_and_D_Wireless_Logo.jpg)

    A bus depot is a logistical challenge. All buses will go out at the same

time in the morning and then return to the depot at night, in addition to daily

refueling, repairs and maintenance. The bus driver's working environment is

important. In winter, the bus may be too cold when leaving the depot. This

places hard demands on depot staff and management. In addition, Keolis was

recently hit by a fire at the Hornsberg depot and is assisted by a positioning

system, as the buses are divided into two depots after the fire.

    "We have high expectations of H&D Wireless solution. The system will

visualize and streamline the handling of how we find buses at the depot, which

today is a task that is handled completely manually with much more work and

risk of delays and misunderstandings. This in order to deliver the best

possible service and long term be able to win more procurement in fierce

competition," says Jan Kilström, CEO Keolis Sverige AB.

    "This is a breakthrough order when we implement our IoT solution in full

scale. Thus, the big gains made with our systems and services are very clear -

not just for transport companies like Keolis, but for all those companies that

handle comprehensive and complex logistical flows of goods and people," says

Pär Bergsten, CEO of H&D Wireless.

    The agreement for the Hornsberg depot is two years and corresponds to a

contract value of 1.2 MSEK. In the initial agreement, Keolis has issued a

letter of intent to extend the contract to all depots in the Stockholm area

after evaluating signed agreements for Hornsberg. Keolis' other operations in

Stockholm consist of seven depots with approximately 750 buses. According to

the latest SCB measurements, public transport and line bus operations are a

business area with almost 10,000 companies, which account for over SEK 78

billion and with more than 50,000 employed in Sweden.

    This information is such information as H&D Wireless AB is required to

publish under the EU market abuse regulation. The information was provided by

below contact person, for publication 08:00 CET 17th December, 2018.

    About H&D Wireless:

    H&D Wireless is a Swedish provider of Internet of Things technology and

services (IoT) and Real-time positioning (RTLS + GPS) with Griffin cloud

platforms and GEPS. H&D Wireless was founded in 2009 with over 1 million

wireless products delivered so far for IoT and M2M solutions worldwide. The

company develops and delivers solutions that digitize and visualize physical

processes, identifying, among other things, the handling of materials, tools

and machines with its proprietary GEPS(TM) (Griffin Enterprise Positioning

Service) solution. H&D Wireless shares have been listed on Nasdaq First North

in Stockholm since December 2017.

    http://www.hd-wireless.com

    About Keolis

    Keolis is one of Europe's leading public transport companies operating in

16 countries on four continents.

    Keolis business concept is to create value for travelers, society and

owners through locally adapted and sustainable city traffic. Keolis Sweden is

located in Stockholm, Gothenburg, Jönköping, Dalarna, Östergötland, Värmland

and Örebro County. Sales in 2017, SEK 4.7 billion in Sweden.

http://www.keolis.se

    For further information, Email: investors@hd-wireless.se or

sales@hd-wireless.se

    Source: H&D Wireless AB