Oslo 26 January 2023 - Over the period 2018-2021 Xplora Mobile, a division of
Xplora Technologies AS ("Xplora" or "the Company"), generated revenue growth of
467 percent, and was Thursday 25 January 2023 awarded the Innovation Award 2022
at the annual Gazelle conference held by NorwayŽs leading business newspaper
Dagens Næringsliv (DN). The Gazelle conference has been held by DN since 2003,
awarding the fastest growing and profitable businesses in Norway. The Innovation
Award is awarded to Gazelle businesses that innovate, disrupt and offer new
products and services while benefitting society, all on a profitable and growing
basis. 

Xplora Technologies AS has since inception in 2016 become a leading player in
the rapidly growing family IoT category with its industry leading and award
winning connected smartwatches for children. The company recently won the "Best
of Innovation Award" at the 2022 CES conference in Las Vegas, NV.  Xplora
aspires to offer a safe introduction to the digital world without access to
internet or social media. 

As an integrated part of the company's growth strategy Xplora seeks to capture a
larger share of the value chain by offering its own connectivity services with
its connected smartwatches. Xplora acquired its Nordic partner and mobile
service provider Xplora Mobile AS in 2021, giving access to wide experience and
knowledge around mobile connectivity, subscription models and recurring revenue
streams. Xplora Mobile has been selected to receive DNŽs Gazelle 2022 Special
Award for Innovation following three years of high and profitable growth. "This
gives strong support to the strength of our business model and the rapid
category growth" says Sten Kirkbak, CEO of Xplora Technologies AS.

Kjetil Fennefoss, CEO of Xplora Mobile in the years preceding the acquisition,
has long international experience from the telecom industry, and is now COO in
Xplora Technologies AS. He has contributed to the group expanding its mobile
service provider business to five new markets in Europe and North America in
2022.  "Our team has worked hard through 2022 to replicate our Nordic service
provider model to key international markets. We are now the Norwegian mobile
service provider with the widest international footprint with operations soon
live in 9 markets" says Kjetil Fennefoss. 

"The combination of supplying connected smartwatches bundled with SIM cards and
other value added services gives many competitive advantages", says Sten
Kirkbak.  "Through this bundle we can improve the customer onboarding
experience, increase user engagement and build a resilient and scalable business
driven by profitable recurring revenue streams". 

For further information please contact: 
Sten Kirkbak, CEO +47 9220 3710, sten.kirkbak@xplora.com 
Mikael Clement, CFO +47 9900 8000, mikael.clement@xplora.com 

About Xplora Technologies AS: Xplora is a platform and services company and an
industry leader in the market for children's smartwatches. Xplora was founded to
give children a safe onboarding to the digital life and a better balance between
screen time and physical activity. Xplora's vision is to enable children around
the world to experience how their everyday activities can create value and make
a positive change to the world. The company is headquartered in Norway with
operations in leading European markets. Xplora is listed on Euronext Growth
under the ticker symbol XPLRA.