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Regulatory press release

iZafe signs partnership agreement with Doro on the distribution and sale of Dosell in Sweden

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Stockholm, Sweden – iZafe Group AB (publ) (NASDAQ First North: IZAFE B), a leading company focused on the digitalisation of medication handling, is announcing that it is entering into a collaborative partnership with Doro in Sweden as a direct result of the successful take-off with Doro in Norway.

“Thanks to the positive outcome of our partnership with Doro in Norway, we have now also partnered with Doro in Sweden to address the Swedish market. Doro Norway have been delighted with our stable technology and favourable pricing as a valuable complement to their social welfare technology platform,” remarks Anders Segerström, CEO, iZafe Group.

As previously communicated, iZafe Group has initiated a pilot project with Doro in Norway and begun deploying 50 Dosell medication dispensing robots in the homes of care recipients in one of the 30 municipalities in which Doro has implemented its social welfare platform. iZafe Group is today announcing that the partnership has been extended to include Doro in Sweden.

Doro enjoys a unique market position as a leading supplier of social alarms, remote monitoring and alarm reception services in the Swedish market. The partnership with Dosell enables Doro to further expand its offering in the same segment.

“Naturally, we at Doro could not be more pleased about the partnership with iZafe. iZafe is a company that is clearly compatible with our values-based approach and our vision of simplifying life and providing peace of mind to our seniors. Dosell is a state-of-the-art product that makes life easier for seniors and care workers alike. We are looking forward to working with iZafe and have high hopes that they will be able to help us make our current and future offering to our customers even better,” says Martin Puumalainen, Country Director Sweden Business Area Doro Care.

About Doro AB
Doro is a tech company that focuses on seniors. We develop products and services for seniors to make ageing an independent, empowering and rich part of life. Our wide portfolio of products and services for security and care solutions help link generations digitally and create a secure and independent life at home and away from home. Doro is the market leader in social alarms in Sweden, Norway and the UK and the global market leader in smartphones for seniors. Doro is a Swedish company with headquarters in Malmö and sales operations in 27 countries. Shares in Doro are listed on Nasdaq Stockholm. The company had about 1,000 employees in 2019 and net sales of SEK 2,063 million (EUR 195.4 million). Read more about Doro at www.doro.se/corporate.

Contacts


Thomas Ahlerup, Chairman of the board and Investor Contact
E-mail: thomas.ahlerup@izafegroup.com
Phone number: +46-7868-966 300

iZafe Group AB (publ) 
Grev Turegatan 11A 
114 46 Stockholm

E-mail: ir@izafegroup.com
www.izafegroup.com/investorrelations

About Us


iZafe Group is a Swedish med-tech company that develops and markets medical and digital security solutions to create safer drug handling at home. Our digital medicine dispenser Dosell reduces the risk of incorrect medication, increases security for family and relatives and relieves public care personnel. Our products form a holistic concept that facilitates patient medication and gives those who are treated at home better conditions for a happy and safe life.

The company is listed on the NASDAQ First North Premier Growth Market. FNCA Sweden AB is the company's Certified Adviser. Phone: +46 (0) 8 528 00 399. E-mail: info@fnca.se. Further information is available at www.izafegroup.com/investorrelations.

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iZafe signs partnership agreement with Doro on the distribution and sale of Dosell in Sweden

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