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Zutec

Zutec Holding AB: Zutec Sign 3 Year Reseller Agreement with R2M for Italian Market

17:11 / 11 April 2019 Zutec Press release

Zutec is delighted to announce that we have recently signed a 3 year Reseller agreement with R2M Solutions covering the Italian Market.

R2M are currently resellers for IES Software and Onyx Solar so are already selling into and servicing the design, construction and FM Industries. R2M are also heavily involved in European Commissioned Research projects and have a wide ranging network of innovators and clients.

Zutec and R2M have been exploring the Italian market for some time and now that some revenue generaring contracts have been secured a 3 year reseller agreement giving exclusivity in Italy but also allowing for non-exclusive deals in Spain and France has been signed.

This agreement will lead Zutec into a new and exciting venture that will open new opportunities along the way - we are delighted to work with R2M.

For further information, please contact:

Brendan O'Riordan CEO of Zutec Holding AB; brendan.oriordan@zutec.com +35386 8568971

The company is listed on Nasdaq First North and Mangold Fondkommission AB is the Company's acting Certified Adviser (Tel. + 46 8 5030 1550, CA@mangold.se, www.mangold.se.)

About Zutec Holding AB

Zutec develops and markets cloud-based software solutions, primarily directed to companies within the building and construction industry. The Company's products help clients to increase their productivity and cost efficiency. Zutec provides solutions within project management, data and document collaboration tools, data enriched 3D-models, defect management, project handover and the operations and maintenance of buildings.

To find out more please visit www.zutec.com

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