Huddly signs major Distributor Agreement with leading Global Industry Player

Huddly today signed a Distributor Agreement with a leading global industry player in the audiovisual sector (the Agreement).

The Agreement is expected to lead to significant yearly revenues for Huddly with cash effect from Q1 2025. The Agreement is global and has an initial period of 12 months, with an extension period of an additional 12 months. Huddly will deliver products that are Microsoft Teams certified camera solution kits.

“This Agreement is an important milestone for Huddly and an acknowledgement of our superior patented technological solutions”, says Rósa Stensen, CEO of Huddly.

Contacts

For more information, please contact:

Rósa Stensen, CEO
Mobile: +47 476 55 376
E-mail: rosa.stensen@huddly.com

Abhijit Saha Banik, CFO
Mobile: +47 408 30 964
E-mail: abi.banik@huddly.com

The information above is subject to the disclosure requirements in accordance with the EU Market Abuse Regulation. This stock exchange notice was published by CFO Abhijit Banik at 08:55 CEST on 29 October 2024.

About

Huddly Disruptive innovation is our heartbeat at Huddly. We're committed to pushing technology and challenging the status quo in order to empower human collaboration. Combining our industry-leading expertise in artificial intelligence, software, hardware, and UX, we craft intelligent camera systems that enable inclusive and productive teamwork.

Huddly cameras are designed to provide high-quality, AI-powered video meetings on major platforms, including Microsoft Teams, Zoom, and Google Meet. With upgradable software, durable hardware, and engaging user experiences, they are the ideal choice for organizations seeking future-proof, scalable, and sustainable solutions.