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Regulatory press release

Artificial Solutions International AB: Artificial Solutions Closes Contract With Large American Multinational Technology Company

Teneo.ai
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Artificial Solutions® (SSME: ASAI (http://www.nasdaqomxnordic.com/aktier/microsite?Instrument=SSE145803&name=Indentive%20B)), the leading provider of conversational AI, today announced that a large North American Tech company has signed an agreement to integrate Artificial Solutions Conversational AI-technology to elevate its customer experience. The agreement is initially valued at SEK 650,000 per annum in recurring subscription revenues. The total revenue is determined by use, API-calls, over time. The client has the potential of generating more than 2.5 million API-calls per month.

The solution supports both chat and voice, and will be delivered on Microsoft's cloud platform Azure.

The client selected Artificial Solutions SaaS-based development suite and bot engine, called LUIS^Teneo (https://www.artificial-solutions.com/ms-luis-teneo), which will help the enterprise build, scale and maintain LUIS-based bots with less resources improving conversational bot ROI to enhance customer experience.

"The Client's decision to select Artificial Solutions is a strong proof point that we deliver the best-in-class capabilities within Conversational AI," says Artificial Solutions' CEO Per Ottosson.

With Artificial Solutions' platform for conversational AI, companies and organizations can quickly build a global top-level solution and then gradually localize it to more languages and regions. By eliminating the need to completely rebuild a chatbot every time a company wants to expand its reach, this makes it much easier to expand with more languages when needed.

Artificial Solutions' award-winning development platform Teneo enables developers and business users to collaborate and build AI applications for human-system conversations. Teneo works on all channels and devices and for all types of services, and is the market's most comprehensive platform for conversational AI. It currently supports 84 languages, covering almost 40% of the world's population.

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