MyFirstApp

Stockholm, July 7, 2023

MyFirstApp is introducing the company's strategy to provide customers and users with continuous educational development and effectiveness. As such, we are introducing our new strategic product: the development of the Evolear service. Evolear is a technical solution based on artificial intelligence (AI) that will become a central system within MyFirstApp and the Group's offerings.

The goal of the company's product, Evolear, is to enhance the learning experience by providing personalized education. By using a developed, tailored, and trained AI-driven algorithm, Evolear will deliver custom mathematical problems that dynamically adapt based on the user's abilities and progress. This enables a more efficient and personal learning experience.

Evolear is designed to integrate with existing MyFirstApp services and to be an agile foundation for the development of future learning platforms, games, and services. This initiative reflects MyFirstApp's commitment to placing the user at the center of their learning and development.

The company estimates that it will launch the first product-applied version of Evolear in beta format against an in-house developed educational game in Q4 2023. Further details about the product/game will be communicated as the development phase progresses.