Copyright © Inderes 2011 - present. All rights reserved.
  • Latest
  • Markets
    • Morning Review
    • Stock Comparison
    • Financial Calendar
    • Dividends Calendar
    • Research
    • Articles
    • Transcripts
    • AGM Invitations
    • IPOs
  • inderesTV
  • Portfolio
  • Forum
  • Discovery
  • Q&A
  • About Us
    • Our Coverage
    • Team
Regulatory press release

XPLRA: Xplora secures first order from a major new US retailer

Xplora Technologies
Oslo/New York - 9 May 2022 - Xplora Technologies ('Xplora', 'the Company'),
Europe's leading smartwatch company for kids, today announced that it has
received an initial smartwatch order for delivery to a major US premium consumer
electronics retail chain through its distributor VLC Distribution. The retailer
will list the full range of Xplora smartwatches including X5P, XGo2 and XMOVE
online. Today's announcement adds to the recently announced reseller agreement
with Walmart.

Xplora signed a distribution agreement with Houston, TX based VLC Distribution
in April 2022, and today's announcement is a direct result of this agreement.
With VLC Distribution, Xplora intends to capitalize on VLCŽs extensive existing
retail relationships whilst bringing new and exciting customers to VLC in
conventional brick and mortar and online retail. VLC has a state-of-the-art
fulfillment center with over 70,000 square feet of warehouse space and currently
inventories over 6,000 SKU's from more than 30 brands. VLC Distribution was
recently acquired by CMS Distribution, Xplora's distribution partners across
continental Europe, the Nordics and the UK.

Xplora products have been made available in the US market through Xplora web
stores and Amazon and will now be listed online at Walmart in addition to
today's announced US consumer electronics retailer. Xplora continues to actively
pursue broader distribution in the US market through its office based out of New
York City.

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
Karen Guillot Ruiz, Business Analyst +47 9488 5859, karen.guillot@xplora.com

About Xplora: 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 in the world. The company is headquartered in Norway with operations in
leading European markets and the US. Xplora is listed on Euronext Growth under
the ticker symbol XPLRA.
Find us on social media
  • Inderes Forum
  • Youtube
  • Instagram
  • Facebook
  • X (Twitter)
Get in touch
  • info@inderes.se
  • +46 8 411 43 80
  • Vattugatan 17, 5tr
    111 52 Stockholm
Inderes
  • About us
  • Our team
  • Careers
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Terms of service
  • Privacy policy
  • Disclaimer
Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.