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Ene 31, 2024

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Seamless Distribution Systems AB and Emida Technologies Announce Strategic Partnership to Expand Presence in the Latin American Markets

Foothill Ranch, January 31st, 2024 ? Seamless Distribution Systems AB (SDS), a global leader in digitizing telecom sales and distribution, proudly announces a strategic partnership with Emida Technologies, a global fintech enabling financial inclusion by providing digital access to millions of underbanked consumers worldwide. This collaboration marks a significant milestone for both companies as they join forces to make a profound impact on the Latin American markets.

The partnership between SDS and Emida Technologies is a testament to the companies’ shared commitment to innovation, customer satisfaction, and the pursuit of excellence. While traditionally considered competitors, the collaboration is founded on recognizing that their unique strengths complement each other exceptionally well, opening new doors for growth and success.

SDS brings over 30 years of invaluable experience in digitizing telecom sales and distribution for telcos across the globe. With a track record of serving more than 70 customers and enabling over 15 billion USD worth of transactions on their systems, the company has been a driving force in accelerating the digital transformation of telecommunications businesses worldwide.

This collaboration will prove immensely beneficial for customers as it allows SDS and Emida Technologies to offer an even broader scope of offerings. The combined expertise of the two companies will empower telcos in Latin America to accelerate their digital transformation journey by optimizing operations and leveraging cutting-edge analytics, turning their sales and distribution into a revenue-generating engine.

Shane Belovsky, CEO of Emida Technologies shared, ?At Emida Technologies we have been accelerating the digitization of products and services for telecom operators, distributors, and MSMEs throughout the Latin America and Caribbean region for several years.  We remain focused on continuing to solve the various challenges faced by telecoms throughout region as they seek to optimize cost structures, monetize the traffic riding on their networks and expand marketshare.  By partnering with an esteemed company such as Seamless, we are better positioned to offer integrated and complete solutions to the myriad problems faced by clients in the telecom sector, and beyond.   We are excited at the prospect of working with Eddy and his team to jointly deliver cutting edge solutions that will transform the industry ?.

Eddy Cojulun, CEO of Seamless Distribution Systems AB, expressed his excitement about the partnership, stating, “Venturing into the Latin American market has been a major goal since I took on the role of CEO at Seamless. As someone from Guatemala, LATAM is not just a market; it’s home. This collaboration with Emida is a pivotal step towards achieving our objectives and making a lasting impact in the region. We are confident that our combined strengths will create unparalleled value for our customers and drive the digital transformation of telecom businesses in Latin America.”

This partnership underscores the dedication of both companies to fostering growth, innovation, and customer satisfaction across their customer base. As they join hands to navigate the challenges and opportunities in the Latin American market, they are poised to redefine the landscape of telecom sales and distribution in the region.

For more information contact:

Martin Schedin

Chief Financial Officer

+46 70 438 14 42

martin.schedin@seamless.se

Christian Castaneda

Chief Commercial Officer ? EMIDA Technologies

+52 1 56 50 96 42 34

ccastaneda@emida.com

About SDS:

SDS is a Swedish international software company that specializes in mobile payment services for mobile operators, distributors, retailers, and consumers. SDS ensures that Telecom operators can sell their telephone subscriptions, where SDS products and services handle up to 90% of the Telecom operator’s sales. Today, SDS has implemented solutions in fintech, advanced analysis and retail value management, and where these solutions have succeeded, they are transformed into so-called SaaS solutions.

SDS has approximately 288 employees in Sweden, France, Belgium, Romania, South Africa, Ghana, Nigeria, Ivory Coast, United Arab Emirates, Pakistan, India, and Indonesia. SDS annually handles more than 15 billion transactions worth over USD 14 billion. Via over 3 million monthly active resellers of digital products, more than 1100 million consumers are served globally.

SDS share is listed on Nordic SME at the Nordic Growth Market

About Emida Technologies:

Emida Technologies is a global fintech enabling financial inclusion by providing digital access to millions of underbanked consumers worldwide. Through a 36-country retail network consisting of neighborhood bodegas, chain stores, and more, Emida offers 3M monthly users cash on-ramp solutions through 50k+ points-of-sale.  Backed by more than 20 years of experience, Emida is a proven leader in providing cost-effective and customizable SaaS platforms to telcos, master distributors, MSME?s, distribution channel management and sales team optimization.  Learn more at Emida.com     

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