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SMRT Smartspace Software Plc

88.00
0.50 (0.57%)
18 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Smartspace Software Plc LSE:SMRT London Ordinary Share GB00BYWN0F98 ORD SHS 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.50 0.57% 88.00 85.00 90.00 89.00 87.50 87.50 134,247 16:35:22
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Phone Comm Ex Radiotelephone 7.15M -2.74M -0.0946 -9.25 25.32M

Smartspace Software PLC Successful Launch in South Korea for SwipedOn

29/04/2022 7:02am

RNS Non-Regulatory


TIDMSMRT

Smartspace Software PLC

29 April 2022

RNS REACH | 29 April 2022

SmartSpace Software Plc

("SmartSpace", the "Company" or the "Group")

SUCCESSFUL LAUNCH IN SOUTH KOREA FOR SWIPEDON

Continues international expansion through Asia and Far East

SmartSpace Software Plc, (AIM:SMRT) the leading provider of 'Integrated Space Management Software' for smart buildings and commercial spaces - 'visitor reception, desks and meeting rooms', is pleased to announce the successful launch of SwipedOn's SaaS visitor management platform, in South Korea.

Key highlights to launch in South Korea

-- Key step in broadening addressable market in Far East with launch of SwipedOn in South Korea

-- Enhanced multi-language variant of the SwipedOn platform released after 18 months of development

-- This launch includes full Korean version of SwipedOn supported by a Korean website, an in-country marketing campaign and with local language pre-sales and support

-- The enhanced SwipedOn platform will allow rapid deployment into other new markets in local languages, with deployment possible in weeks

SwipedOn currently has clients in 8000 locations and over 70 countries globally. Until this release SwipedOn was only available in a standard version which is predominantly in English but with capability to translate the 'front-end' user interface into local languages. The back-end administration tools in SwipedOn have only ever been available in English and pre- and post-sale customer support has only ever been offered to customers in English.

This launch is the first step of an initiative to broaden the addressable market for SwipedOn and grow the customer base in new geographic markets. Korea is intended to be the first of a number of localised releases in different countries in the Far East.

It has taken 18 months of development to ensure the functionality in the SwipedOn platform is fully multi-language, multi country and multi-location ready.

To support the launch Korea there is a localised website https://www.swipedon.kr , along with a range of localised marketing collateral. The launch is supported by an in-country marketing agency with a digital marketing campaign that will focus on Naver, the dominant search engine in Korea.

Commenting on the announcement, Hadleigh Ford, MD of SwipedOn said:

"We are delighted to now have completed what has been a mammoth engineering task to create this new release of SwipedOn, that allows us to rapidly deploy local language versions into new markets. The intention is that Korea will be the first of a number of new markets we intend to enter in the Far East. We will learn from the Korea launch and apply this for other markets, with the intention of creating a 'cookie cutter' model for new market entry.

We do not intend to open offices or increase overheads with this launch, as the product and localised campaign will be managed entirely by our existing teams.

This is a very exciting development in the next stage of the SwipedOn growth story"

End

Enquiries

 
 SmartSpace Software Plc                          via Lisa Baderoon 
  Frank Beechinor (CEO)                            - Head of Investor 
  Kris Shaw (CFO)                                  Relations 
 
  Lisa Baderoon (Head of Investor Relations) 
  LBaderoon@smartspaceplc.com 
                                                   +44(0) 7721 413 
                                                   496 
 Singer Capital Markets (NOMAD & Joint Broker) 
  Shaun Dobson 
  Tom Salvesen 
  Jen Boorer 
  Alex Bond                                       +44 (0)20 7496 3000 
 Canaccord Genuity (Joint Broker) 
  Adam James                                      +44 (0) 20 7523 
  Georgina McCooke                                 8000 
 

SmartSpace Software plc is a SaaS-based technology business, designing and building smart software solutions. The Company's software solutions help transform employee engagement with modules which include visitor management, desk management, meeting room management and analytics.

The three operating companies in the Group comprise:

   --      Space Connect - SaaS meeting room and desk booking (www.spaceconnect.co) 
   --      SwipedOn - SaaS visitor management, desk booking (www.SwipedOn.com) 
   --      Anders & Kern - distribution and technical support (www.anders-kern.co.uk) 

For more information go to: www.smartspaceplc.com .

About SwipedOn

SwipedOn is on a quest to help businesses across the globe deliver the safest, most secure, workplace sign in experience imaginable. They promise to take you from a paper visitor book to a streamlined contactless solution in under 10 minutes. For more information, go to: www.SwipedOn.com

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

Reach is a non-regulatory news service. By using this service an issuer is confirming that the information contained within this announcement is of a non-regulatory nature. Reach announcements are identified with an orange label and the word "Reach" in the source column of the News Explorer pages of London Stock Exchange's website so that they are distinguished from the RNS UK regulatory service. Other vendors subscribing for Reach press releases may use a different method to distinguish Reach announcements from UK regulatory news.

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END

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(END) Dow Jones Newswires

April 29, 2022 02:02 ET (06:02 GMT)

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