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Acconeer: Acconeer signs a distribution agreement with Glyn Limited 

Acconeer signs a distribution agreement with Glyn Limited

The radar technology company Acconeer AB has signed a distribution agreement with Glyn Ltd of New Zealand. Glyn Ltd is a leading distributor in New Zealand and Australia. Initially, the agreement includes the Pulsed Coherent Radar sensor A1 product, modules and Evaluation kit and covers both the New Zealand and Australian market.

Lars Lindell, CEO of Acconeer, comments: "We are very pleased that we can announce the signing of this agreement with Glyn Ltd. Finding the best partners in different geographical markets is an important part of our rollout strategy. From our sales at Digi-Key, we have seen considerable interest from the region so a logical next step was to find a local partner that can enable us to ship products in volume to New Zealand and Australia. Glyn Ltd will be an important partner to us going forward."

Mike Benson, MD of Glyn, comments: "Glyn has followed Acconeer's unique radar sensor technology for some time and we have seen very strong interest from our customers in this technology. We currently have several ongoing projects where Acconeer radar solution looks to be the best fit. Our customers like new and innovative technologies and Acconeer is bringing a completely new and potentially disruptive technology to the market. We look forward to introducing Acconeer sensor more widely in our markets."

2019-06-26

For additional information, please contact:

Lars Lindell, CEO Acconeer, Phone +46 10 218 92 00, Mail: [email protected]

Mike Benson, Managing Director Glyn Ltd ,New Zealand Phone +6494159150, Mail:  [email protected]

Australia, Phone +61 9889 2520  [email protected]

This information is information that Acconeer AB is required to disclose by the EU Market Abuse Regulation. The information was provided by the above contact person, for publication on 26th June 2019 at 09.30.

The following documents can be retrieved from beQuoted
Acconeer Pressrelease 2019-06-26.pdf

About Glyn Ltd

Glyn Ltd is a leading independent distributor of electronic components and solutions based in Australia and New Zealand. Over the past 16 years we have been providing solutions with wrap around technical support to enable companies to develop and sell leading edge products incorporating wireless and sensor technologies. 

About Acconeer AB

Acconeer is a leading radar sensor company based in Lund, south Sweden, in Ideon, the country's hottest region for wireless technologies. Acconeer is developing a truly leading ultra-low power, high precision 3D sensor which will revolutionize the way that mobile devices interpret their surroundings. Acconeers ultra-low power and millimeter precision sensor will be a robust and cost-effective solution for applications ranging from virtual reality and gaming to security and robot control. Information from the sensor can also be used to identify different materials, these are just some examples of the wide range of possibilities of application areas for the sensor. Acconeer is listed on Nasdaq First North Stockholm with the ticker code ACCON, Redeye is the company's Certified Advisor (CA) and can be reached via telephone +46 (0)8 121 576 90 or via mail [email protected]

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