WPTG signs further new business worth 9.2MSEK annually

Further to the new business announcement of 19 April, White Pearl Technology Group (WPTG) today announces yet another substantial new business win from its Digital Innovation division.

This morning, a contract was signed for Digital Services to be provided to one of the largest banking and finance companies in the world, based out of San Francisco. The contract relates to marketing and technical support for the online banking division and commences immediately. The contract value over the 12-month term is approximately 9.2 MSEK, but the contract automatically renews for successive 12-month periods. This latest win brings the total new business signed in April to 140.3 MSEK.

This information is such that White Pearl Technology Group is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the contact person set out below on 2024-04-24 9.20 CEST.

For further information, please contact:

Marco Marangoni, CEO, White Pearl Technology Group

E-mail: [email protected], Phone: +598 93 370 044

Jenny Öijermark, IR-Manager, White Pearl Technology Group

E-mail: [email protected], Phone: +46 707340804

The Company’s Certified Adviser is Swedish North Point Securities AB.

About White Pearl Technology Group 

White Pearl Technology Group, based in Stockholm and listed on Nasdaq First North Growth Market as WPTG, comprises of 30 companies, operating in the information technology space. They are diversified IT companies selling their own solutions and products, as well as services and products of third-party vendors. The group has a presence in thirty countries throughout the world. The current focus of the group’s business is emerging markets and specifically Africa, Asia, the Middle East, and to a lesser extent, Latin America. www.whitepearltech.com