May 12, 2022
“We have a growing backlog of approximately $60M for 2022 deliveries with more commitments expected in Q2, and a strong pipeline of projects for 2023, 2024, and beyond. Interest in our technology continues to grow and supports our projection for three phases of growth; applications of SmartValve technology to solve grid challenges, followed by services layered on top of our technology delivering system integration and flexibility, and ultimately new business models and opportunities like PaaS and SaaS.”
CEO of Smart Wires
The Company’s Key Business Highlights for Q1 2022:
Smart Wires Technology Ltd (“Smart Wires”) presents its Q1 2022 Interim Report at 09:00 CET on 12 May 2022 via audiocast teleconference at the following link: https://tv.streamfabriken.com/smart-wires-q1-2022. Teleconference: Dial-in number SE: +46856642706 UK: +443333009262 US: +16467224903
The full Smart Wires Technology Ltd Q1 2022 Interim Report is attached to this release, and can be found at: https://www.smartwires.com/investors/financial-reports-presentations/.
Important notice about forward-looking information
This interim report contains certain forward-looking information and statements that reflect the Company’s current views on future events as well as financial and operational developments. Words such as “refer”, “assess”, “expect”, “can”, “plan”, “estimate”, “calculate”, “could” and other expressions that indicate indications or assessments regarding future developments or trends, and which does not relate to historical facts, constitutes forward-looking information. Forward-looking information is inherently associated with both known and unknown risks and uncertainties because it is dependent on future events and circumstances. Forward-looking information does not constitute a guarantee regarding future results or development and the actual outcome may differ materially from what is stated in forward-looking information. Neither the Company nor anyone else make any representations about publishing updates or revisions of forward-looking information as a result of new information, future events or similar circumstances other than as provided by applicable mandatory rules and regulations.
Julie Andrews, CFO
Tel: +1 901 687 8314
This information is information that Smart Wires Technology Ltd is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2022-05-12, 07:30 CET.