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Regulatory press release

Dhruv Singh new business manager for Crunchfish's Nearby solutions

Crunchfish
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Crunchfish AB ("Crunchfish") announces that Dhruv Singh, currently working as a business developer for our team in India, has been appointed as new business manager for Crunchfish's Nearby solutions. In this business area, Crunchfish has developed its tech to show how a mobile phone can be used to discover and communicate with everything and everyone within a certain proximity, and take advantage of the fact that the mobile phone is mobile and not stationary. Crunchfish has 14 patent pending inventions in the field of which 12 have been granted. Dhruv Singh assumes his new position with immediate effect.

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"Since Dhruv started working for Crunchfish, he has been working hard with business development in the Indian market, in addition to acting as one of our top models. He has shown a good ability in finding new business opportunities and therefore we have now given him the opportunity to further develop our Nearby (https://www.crunchfish.com/mobile-payments/social-applications/) solutions. This is an area where we have advanced solutions for how a mobile phone can be used in social contexts to discover and communicate with other people. For example, they can be linked to dating apps in order to find other singles at nightclubs, or to career sites in order to find purchasing managers at a major trade show - they are simply giving the user superpowers to understand much more about the environment than what is possible with the human senses. With Dhruv's ability to find new business opportunities in the Indian market, we see great potential in Nearby", says Joachim Samuelsson, CEO of Crunchfish.
For more information, please contact:
Joachim Samuelsson, CEO of Crunchfish
+46 708 46 47 88
joachim.samuelsson@crunchfish.com
Ulf Rogius Svensson, IR & Marketing Manager
+46 733 26 81 05
ulf.rogius.svensson@crunchfish.com
Västra Hamnen Corporate Finance AB is the Certified Adviser. Email: ca@vhcorp.se.Telephone +46 40 200 250.

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