FlexQube strengthens sales organization

As of January 4, Michael Gore will start as VP of Sales for North America, employed in FlexQube Inc. Michael Gore has 35 years' experience from different sales roles. His recent employment was as VP of Sales KION North America. Anders Fogelberg, CEO, has until now been responsible for the sales organization in North America.

Also, as of January 4, Tomas Karlsson will start as sales manager for the Nordic region. With Tomas Karlsson's hire, the sales in the Nordic region will be more in focus as FlexQube hasn't had a dedicated sales resource for this region in recent times. Tomas's latest employment was with Swisslog, where he worked with sales of automated warehouse systems.

CEO Anders Fogelberg comments:” During the fall, we have worked dedicated and intense to increase the number of dealers for our concept around the world, and in this short time, we have been able to add ten new dealers. During 2021 we will continue to add more dealers. The number of key accounts with businesses in multiple countries keeps increasing, and an overall Key Account Management is the key factor in order to increase our growth rate.

Hence, I am very happy to hire Michael Gore, a person with a lot of experience in sales management and sales of intralogistics products. Michael has previously been responsible for the dealer network within KION North America and the sales of Liftrunner products during the time KION North America was the exclusive dealer. In March 2019, FlexQube Inc. took over the exclusive dealer agreement for the Liftrunner product line.

With Tomas, we add sales competence focused on large-scale projects and from segments where we intend to increase our growth going forward, e.g. e-commerce and distribution. Tomas has solid experience in robotics and automation. Our focus on robotized solutions within the eQart concept opens up more growth opportunities in our Nordic market. Therefore, we have chosen to increase the efforts to increase our market share in especially Sweden, Finland, and Denmark on the global companies that have its origin from these countries. Tomas will therefore also focus on supporting our sales work on a worldwide level for these Nordic companies."

About FlexQube

FlexQube offers a unique and patented concept that is used to design and deliver robust, modular and flexible material handling carts that can also run autonomous. The company has manufacturing in Sweden and USA and distribution in North America and in Europe. On December 14, 2017, the company was listed on the Nasdaq First North in Sweden.

FlexQube has some of the world’s largest manufacturers within automotive-, energy-, defense-, aerospace-, home appliances-, and construction machinery among their customers. Some examples are Volvo Cars, Siemens, Autoliv, Scania, Whirlpool, Eberspächer and Mann+Hummel.

For more information, contact the CEO, Anders Fogelberg

anders.fogelberg@flexqube.com

+46 702 86 06 74

The share (FLEXQ) is traded on Nasdaq First North. FNCA Sweden AB, telephone +46 8-528 00 399, is the Company's Certified Adviser. Read more at www.flexqube.com