Stockholm, Sweden, September 19, 2023 – Hoylu AB (publ), a leading provider of digital collaboration and project management solutions, is thrilled to announce its selection by the United States Navy to provide a cutting-edge digital collaboration and whiteboard application. This partnership signifies the Navy’s commitment to enhancing collaboration, coordination, and communication within its teams, reflecting Hoylu’s reputation as a secure, scalable, and flexible solution for complex project management.

The order for the initial year represents a value of SEK 2 200 000 in software and services revenue and presents ongoing opportunities to expand within the government sector.

The Navy will use Hoylu for day-to-day scrums, sprint management, program evaluation and monitoring, and various other programmatic information types.

Why Hoylu for the United States Navy

• Security: Hoylu is the right choice for the Navy, meeting strict requirements to handle sensitive program information and data. Our platform ensures top-tier data security, safeguarding sensitive information.
• Collaborative Features: We excel in providing collaborative features that empower teams to seamlessly communicate and coordinate, whether for day-to-day scrums, sprint management, program evaluation, or other programmatic needs. Our solution encourages teamwork and efficiency.
• Scalability & Flexibility: Hoylu’s software is designed to accommodate projects of varying sizes and complexities. Our solutions adapt to your specific project needs, making complex project management simpler, whether you’re on a construction site or part of an Agile development team.
  
  

About Hoylu
Hoylu is an easy-to-use, cloud-based project management and whiteboarding tool that revolutionizes how distributed teams plan and visualize projects. Our software seamlessly combines whiteboarding, task management, and planning, offering a single, collaborative software solution. For more information: www.hoylu.com

Join us in celebrating this significant collaboration with the United States Navy, showcasing our commitment to innovation, security, and project management excellence. Hoylu – Complex Projects, Simplified.

For more information, please contact:

Truls Baklid, CEO Hoylu + 47 924 38 900 Email: tob@hoylu.com
Karl Wiersholm, CFO Hoylu + 1 425 829 2316 Email: kw@hoylu.com

Ticker symbol: Hoylu
Marketplace: Nasdaq First North Growth Stockholm
Certified Adviser: Mangold Fondkommission AB +46 (0) 8 50 301 550; ca@mangold.se

Publication
This information is information that Hoylu AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 22:15 CEST on September 19, 2023.