Hoylu AB: HOYLU HIRES NEW CTO, SATOSHI NAKAJIMA AND ANNOUNCES EXPANSION INTO JAPAN

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Malmo, Sweden, September 14, 2018 - Hoylu, a leading enterprise collaboration company, announced today Satoshi Nakajima will join Hoylu in the newly created position, as Chief Technology Officer and President of Hoylu Japan. Nakajima will guide the strategic technology direction and innovation of Hoylu while also leading the new Hoylu office in Tokyo, Japan.

"Satoshi is a visionary and world-class technologist who has substantial experience in delivering world class innovations. He is joining the Company as we are extending our reach and expanding into Japan," said Stein Revelsby, CEO. "Satoshi's extensive experience in strategy and delivering technology that support a great user experience will make an immediate impact on the company."

Nakajima will serve as President of Hoylu Japan and will report to Stein Revelsby. His leadership will strengthen customer relations and help develop new business among emerging and established Japanese companies while strengthening the global position of Hoylu. Nakajima will receive 250,000 shares in Hoylu AB in return for having established Hoylu Japan K.K. with a cash infusion of SEK 0.9 million. Hoylu Japan K.K. will be a 100% owned subsidiary of Hoylu AB.

Mr. Satoshi Nakajima was one of the foundational members of Microsoft, serving at the company for 14 years as Software Architect for the Windows and Internet Explorer teams. Mr. Nakajima was responsible for several key technological innovations at Microsoft, such as Internet Explorer's componentization and its integration with both Microsoft Office and Windows. Mr. Nakajima left Microsoft to become a Founding Partner of Ignition Partners, LLC, a Bellevue, Washington venture capital firm that focuses on next-generation wireless technologies. He also founded Xevo Inc. in 2000 where he served as the CEO. Mr. Nakajima also served as Corporate Officer of Square Enix Holdings Co., Ltd. Mr. Nakajima received a Master of Electrical Engineering degree from Waseda University in Tokyo, Japan and MBA from University Washington.

Hoylu's solutions and software offer new and exciting ways to learn and collaborate smarter, faster and more efficiently. Create plans, complete design reviews, analyze large data sets on large scale HoyluWalls or any device you choose. Hoylu Suite is designed to make digital work simple, seamless and hassle free.

For more information, please contact:
Stein Revelsby, CEO at Hoylu +1 213 440 2499 Email: sr@hoylu.com
Karl Wiersholm, CFO at Hoylu +1 425 829 2316 Email: kw@hoylu.com

Hoylu AB
Hoylu delivers innovative enterprise solutions to allow global teams to collaboratively plan, create and share information that enrichen the user experience in the virtual office. The Hoylu Suite delivers a comprehensive set of personalized connected workspaces to enable teams across locations, on any device, to work smarter and with more fun across major industries including Engineering, Education, Pharmaceutical, Construction, Manufacturing, Graphic Design and many more. For more information: www.hoylu.com  or visit www.introduce.se/foretag/hoylu

Ticker symbol: Hoylu
Marketplace: Nasdaq First North Stockholm
Certified Adviser: Mangold Fondkommission AB +46 (0) 8 50 301 550

Publication
This information is information that Hoylu AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at (8:30) CEST on September 14, 2018.




This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Hoylu AB via Globenewswire

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Thomson Reuters: 07:30 GMT Friday 14th September 2018

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