CLX Communications Signs Framework Agreement with a Leading Online Social Networking Service

CLX Communications' enterprise division has signed a framework agreement to provide cloud communications services to a leading online social networking service.

The non-binding, non-exclusive framework agreement follows successful technical integration and includes CLX's messaging services where CLX provides global coverage for enterprise SMS delivery.

The contract period is 12 months with automatic renewal unless either party terminates the agreement. The value of the contract is dependent on the actual service utilization.

Robert Gerstmann, Managing Director for CLX's Enterprise Division comments: "We are pleased to have signed this framework agreement and I am excited about the potential opportunity. CLX Networks was recently rated the #1 Global A2P SMS Messaging Provider in an independent report, and I see this contract as another testimony of CLX's leading position in enterprise messaging."

For more information, please contact:
Odd Bolin, CFO, CLX Communications,+46 8 32 75 10, ir@clxcommunications.com
Kristian Männik, CMO, CLX Communications, +46 8 32 75 10, pr@clxcommunications.com

About CLX Communications
CLX Communications (CLX) is a leading global provider of cloud-based communications services and solutions to enterprises and mobile operators. Mobile communications services from CLX make it possible for enterprises to communicate globally with people and connected devices (Internet of Things, IoT) swiftly, securely and cost-effectively. CLX's solutions enable business-critical communication worldwide via mobile messaging services (SMS), voice services and mobile connectivity services for IoT. CLX has grown profitably since the company was founded. The Group is headquartered in Stockholm, Sweden, and has sales offices in more than 10 countries. The shares of CLX Communications were listed on the Nasdaq Stockholm exchange (ticker CLX) on 8 October 2015.