Bublar Group Expands in Asia

STOCKHOLM,Jan. 23,2020 -- Bublar expands its operations in Asia and opens an office in Singapore,via its subsidiary Vobling. The market and interest for enterprise solutions within Extended Reality,XR,is large in the region and especially in the field of Virtual Training solutions.

For several years,Bublar has been an established player in Asia through Vobling's operations in Manila,the Philippines. Existing customers include both local and international customers from Asia and Europe. The Singapore establishment offers greater opportunities to broaden the existing customer base and reach new customers in the Asian market.

The offering to companies in Singapore,will include Vobling's Virtual Training solution as well as other more tailor-made enterprise solutions. In addition,also SaaS-solutions for e-commerce which is provided by the subsidiary Sayduck,within Bublar Group. In the field of e-commerce,there are also opportunities to attract new customers and grow the customer base in Asia.

"Asia is an important region for us. The market potential for our business solutions is vast,while many countries in the region are far ahead in their digitalization,which makes it easier for them to understand,value and implement our solutions. We already have a number of customers and strategic partners in Singapore which gives us a good start",said Anders Ribbing,Managing Director at Vobling.

The operations in Singapore starts up in February and will initially focus on sales,while the operations in Manila will continue to focus on the development and delivery of solutions,Alexander Hamilton,currently Managing Director of Vobling Asia in the Philippines,will also step in as Managing Director of the company in Singapore. The recruitment of a country manager is initiated.

For more information,please contact:

Maria A Grimaldi

CEO Bublar Group

maria.grimaldi@bublar.com

Phone: +46-70-828-38-34

Anders Ribbing

Managing Director Vobling

anders.ribbing@vobling.com

Phone: +46-70-936-88-68

Alexander Hamilton

Managing Director Vobling Asia

alexander.hamilton@vobling.com

Phone: +63-927-255-1391

Bublar Group

Bublar Group AB (publ) is the Nordic region's leading listed XR technology company specializing in Augmented Reality (AR) and Virtual Reality (VR). The company offers XR solutions in E-commerce,Entertainment,Training and Manufacturing. The company includes the subsidiaries Vobling,Sayduck and Virtual Brains. Bublar is headquartered in Stockholm and is listed on Nasdaq First North Growth Market.

In essence,Bublar Group will change the game. We change how we Work,Shop,and Play.

The company's share (BUBL) is traded on Nasdaq First North Growth Market Stockholm with G & W fondkommission as Certified Adviser,Kungsgatan 3,Stockholm,email: ca@gwkapital.se,phone +46-8-503-000-50

Bublar Group AB (publ) Kungstensgatan 18,SE-113 57 Stockholm Phone +46-8-559-251-20 www.bublar.com

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/bublar-group-ab--publ-/r/bublar-group-expands-in-asia,c3015087

The following files are available for download:

https://mb.cision.com/Main/16283/3015087/1178601.pdf

Press release Bublar Vobling Singapore eng

https://news.cision.com/bublar-group-ab--publ-/i/bublar-singapore,c2739489

Bublar Singapore

https://news.cision.com/bublar-group-ab--publ-/i/anders-ribbing,c2739490

Anders Ribbing

https://news.cision.com/bublar-group-ab--publ-/i/alexander-hamilton,c2739491

Alexander Hamilton