Update of press release from the 8th of May 2019 at 15:30 (only in Swedish):
Diadrom receives an order for the product Diadrom Autotech Bootloader from Nippon Seiki – a world leader of Head-Up Displays for the automotive industry
Diadrom Systems AB, a wholly owned subsidiary of Diadrom Holding AB (publ), is a leading software company that offers services and proprietary products in the diagnostics of Autotech, has received an order from Nippon Seiki. Nippon Seiki is a world leader in the development and manufacture of head-up displays (HUD). Head-up displays is a form of augmented reality which means that information is projected directly onto the car’s windshield.
The order concerns a development project as well as a license on the company’s product Diadrom Autotech Bootloader (DAB). DAB is a flexible bootloader specially designed for applications within Autotech and to meet the high demands that the industry and not least OEMs have developed. DAB has been developed internally and in customer projects for several years. The deal with Nippon Seiki is the company’s first license business for DAB and marks the commercial breakthrough for another of the company’s products within Autotech.
“Head-up displays have become an increasingly central part of the active driver support and the performance requirements are therefore very rigorous. HUD is now being developed from being a solution primarily for the premium car segment to be included in all car segments. Making a fast and safe integration into new car models is therefore very important and Nippon Seiki is very happy to have Diadrom’s support in this process” says Wojciech Jędruch, Software Engineering Manager, Nippon Seiki (Europe) B.V.
“For safety critical and complex Autotech applications, Diadrom offers several complementary products to car manufacturers and subcontractors. We are very proud to help Nippon Seiki with the product DAB and hope for a long productive collaboration,” says Carl Johan Andersson, CEO, Diadrom.
Diadrom’s management believes that the order is strategically important.
Partner Fondkommission AB (phone 031-761 22 30, www.partnerfk.se) is the Certified Adviser for Nasdaq First North.
Göteborg, 10th of June 2019
Carl Johan Andersson
Diadrom Holding AB (publ)
Org nr 556676-4857
Första Långgatan 19
413 27 Göteborg
Tel: 031-774 11 00
For any questions about the contents of the press release, please contact: Carl Johan Andersson, CEO of Diadrom Holding AB (publ), telephone +46 733 31 11 13.
Diadrom is a product and specialist consulting company in the diagnostics of Autotech. Autotech is developing rapidly as a result of increased electrification and digitization in the automotive sector. Diadrom is listed on Nasdaq First North (ticker DIAH). www.diadrom.se
Nippon Seiki (Europe) B.V is one of the world’s leading suppliers for the automotive industry with an innovative range within Driver Information Systems. Nippon Seiki’s infotainment modules are known for their high quality and reliability. Nippon Seiki is the market leader in premium Head-Up Display, for mid- and high-segment car brands. Nippon Seiki (Europe) B.V was founded in 2002 and is a wholly owned subsidiary of Nippon Seiki Co. Ltd., which is based in Nagaoka, Japan, and traded on the Tokyo Stock Exchange (ticker: TKO: 7287).
This information is information that Diadrom Holding AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out above, at 10th of June 2019 at 13:00.