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WPTG signs AI contract in UAE worth SEK 33 million over 2 years

MAR

Stockholm, Sweden – 2025-10-02 - White Pearl Technology Group AB (WPTG) announces it has agreed to sell it’s AI platform Nexus AI to AumAven Technologies, a Dubai-based IT consultancy serving enterprise and public sector clients across the United Arab Emirates. Under this agreement, AumAven will deploy Nexus AI platform to organisations throughout the UAE, marking a significant milestone in WPTG's Middle East expansion strategy. The contract is valued at 33 million SEK over 24 months.

AumAven Technologies has committed to the full contract value for distribution rights of the Nexus AI platform across the Emirates. The AI-powered intelligence platform, which has demonstrated very significant revenue enhancement potential in WPTG deployments, will now be adapted for the UAE's smart city initiatives and digital transformation programmes across diverse industry sectors.

Stephen Thorne, SVP AI, Blockchain and Data Science at WPTG, commented: "The Nexus Suite represents years of investment in building proprietary AI technology specifically designed for emerging markets. This partnership with AumAven validates our platform's global potential and positions us perfectly to serve the UAE's ambitious digital transformation agenda."

“We're excited to partner with WPTG to bring Nexus AI to the UAE, driving digital transformation and delivering added value to our clients” commented Gaurav Baru, Global Director at AumAven Technologies LLC.

Vikas Gupta, Chief Operating Officer at WPTG, added: "Owning our intellectual property has been central to our strategy from day one. This reseller agreement demonstrates the value of that approach and accelerates our Middle East growth trajectory. The region represents one of the world's most dynamic markets for innovation, and AumAven's established market relationships provide the perfect channel for scaling our technology."

For more information, please contact:

Peter Ejemyr, Vice President Investor Relations
White Pearl Technology Group
Email: ir@whitepearltech.com
Phone: +46 733 611 000

The company's Certified Adviser is Amudova AB, email: info@amudova.se.

About White Pearl Technology Group:

White Pearl Technology Group AB (WPTG) is a global technology company specialising in digital transformation solutions. With a presence in over 20 countries and a team of 800 experts, WPTG helps organisations navigate the complexities of the digital age, offering services ranging from ICT and system integration to business software and digital innovation. The company is listed on Nasdaq First North (WPTGB) in Stockholm, Sweden and on OTCQX (WPTGF) in the U.S.

This information is information 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 agency of the contact persons set out above, at 2025-10-02 08:45 CEST.

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WPTG signs AI contract in UAE worth SEK 33 million over 2 years

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WPTG signs AI contract in UAE worth SEK 33 million over 2 years
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