Motion Display Scandinavia AB, Uppsala, Sweden, has been granted loans totaling 5 million SEK from Nordea and ALMI. The company believes that additional funding during the year, given the planned increase in sales, is thus not necessary.

Order backlog including existing billing is strong and amounts to 6.3 million SEK. The assessment is that essentially the entire backlog will be delivered before mid-year. Additional orders of standard displays may apply and affect the first half year net sales. Net sales for the full year 2014 was 7.4 million SEK.

Anna Engholm, CEO of Motion Display comments: “The loans we have been granted gives us stability needed to focus and an opportunity to make the required additional investment in the United States. The first two projects in the US are now installed at Walmart stores. The feedback we have received is very positive.”


Further information:
Anna Engholm, CEO Motion Display Scandinavia AB, +46 (0) 709 79 35 04


Motion Display is the leading global manufacturer of Electronic Paper Display based Retail Signage and offers new solutions for efficient in-store-marketing. The company was founded in Uppsala, Sweden, 2005 by Erik Danielsson, former CEO of Pharmacia AB and founder of e.g. Pricer AB, global leader in ESL (Electronic Shelf Labels). www.motiondisplay.com.

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