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Copter AB signs new agreement with Modino AB

Kumla, 12 April 2022 - Copter AB, part of Northbaze Group AB (Publ.) (“Copter”) has signed a new agreement with Modino AB to distribute Copter's products in the Nordic as well as key nearby markets.

Copter is a leading Nordic brand within screen protection technology for mobile devices with over seven million screen protectors sold. The company was founded in 2010 and as part of Copter AB's strategy to continue its growth in the Nordic as well as nearby regions, a new agreement has been entered into with Modino AB.

Modino AB, a distributor in the Nordic (excluding Norway) and Baltic markets, will sell and stock Copter's screen protectors. With Modino AB in Sweden, Modino, in its entirety, will be an important distributor to Copter by having a presence throughout the Nordic region and in the Baltics.

Modino AB is part of Modino AS in Norway, who has been a customer of Copter AB for some time.

"We are very pleased that we can now sell Copter's range throughout the Nordic region and look forward to a long-term partnership and good collaboration," says Arne Hvidsten, CEO of Modino.

“With our new agreement with Modino, we can expand our presence, especially in the Nordic market. In addition to this, the agreement enables growth in our export sales to nearby markets such as the Baltics. The strategy with increased focus on the group's export sales applies to all brands within the group, which is a cornerstone for our growth journey,” says Henrik Andersson, CEO of Northbaze Group AB.

For further information, please contact:
Henrik Andersson, CEO
Mobile: +46 761 99 35 55

About Northbaze Group AB (Publ)
Northbaze Group was founded in 2006 and has over the years expanded its target to a business idea that is to develop innovative and functional products within the audio, IT and mobile accessories area to simplify and improve people's experience of mobile devices and bridge people's lives together with today's technology. By controlling manufacturing and working closely with the market, we can refine existing brands and develop complementary brands to adapt to an ever-changing landscape and market needs for new smart solutions to simplify people's lives in a changing and increasingly technical world.

The vision is to create simplicity in people's increasingly technical lives by offering smart and functional audio products and IT accessories.

The shares in Northbaze Group (publ) are traded on the Nasdaq First North Growth Market. Certified Adviser is Partner Fondkommission AB with e-mail address and telephone number +46 31 761 22 30.