beaconsmind Group expands with WiFi marketing product into Spain

EQS-News: beaconsmind AG / Key word(s): Miscellaneous
beaconsmind Group expands with WiFi marketing product into Spain

31.05.2024 / 09:00 CET/CEST
The issuer is solely responsible for the content of this announcement.

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beaconsmind Group expands with WiFi marketing product into Spain

* Annual revenue of EUR 600,000 in Spain through the expansion expected

  * Focus on the hospitality and gastronomy sectors with significant growth
    potential

Zurich, Switzerland - 31 May 2024 - beaconsmind Group (ISIN: CH0451123589 -
Ticker: MLBMD), a leading SaaS provider in the field of location-based
marketing (LBM) & analytics, announces its expansion into Spain with the
establishment of the subsidiary Socialwave Spain S.L. This strategic move
underscores the company's commitment to exploring new markets and leveraging
its growth potential in one of the largest European countries with its WiFi
marketing product.

beaconsmind Group decided to expand into Spain to take advantage of the
dynamic business environment and high acceptance of digital marketing
solutions. The Spanish market offers a growing demand for innovative social
media strategies, particularly in the hospitality and gastronomy sectors,
which play a central role in Spain. Through this expansion, beaconsmind
Group aims for an annual revenue of EUR 600k in Spain, with significant
growth opportunities anticipated in the following years.

"We are very excited to expand our presence in Spain and offer our proven
social media marketing solutions in this important market," said Jonathan
Sauppe, CEO of beaconsmind Group. "Our expansion into Spain is a significant
milestone in our growth strategy and underscores our commitment to providing
our clients with customized solutions tailored to their specific needs."

beaconsmind Group is confident that the integration into the Spanish market
will proceed smoothly and strengthen existing partnerships in Europe. With
this expansion, the group reaffirms its commitment to continuous growth and
innovation, ensuring it continues to offer top-notch solutions to its
clients.

About beaconsmind Group

Founded in Switzerland in 2015, beaconsmind Group is at the forefront of
location-based marketing (LBM) software, WiFi infrastructure systems, and
WiFi Guest Hotspots, catering to sectors such as retail chains, hospitality,
healthcare, and the public sector. The subsidiaries under the beaconsmind
Group umbrella are recognized for their expertise in digital transformation,
Location-Based Marketing, infrastructure, and Wi-Fi services for SaaS
clients. Through intelligent, entirely cloud-based technologies, we deliver
tangible added value to our clients, empowering their omnichannel strategies
with enhanced success.

For more information, please visit http://www.beaconsmind.com

     Contact Company
     beaconsmind AG, Stäfa (Switzerland)
     Jonathan Sauppe, CEO
     (1)jonathansauppe@beaconsmind.com
     Tel.: +41 44 380 7373

1. mailto:jonathansauppe@beaconsmind.com


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