GWS is establishing a subsidiary, GWS Production (Singapore) Private Limited, in Singapore, in order to get closer to the market and the Asian customers. Since last year the company is represented by a regional sales office in Kuala Lumpur, Malaysia, but has decided based on the customer needs to establish local presence also in Singapore.
GWS has developed the service concept Safeture, a personal security service when traveling, which provides critical information about disasters and other threats, directly in the traveler’s smartphone through an app that is easily downloaded. As part of the Safeture global sales strategy, GWS has identified local presence as an important step in growing in the dynamic Asia Pacific region. Since last year GWS is represented together with partners by a regional sales office in Malaysia, but in dialogue with major potential customers, the company has decided to establish also a fully owned subsidiary in Singapore. Andreas Rodman, CEO at GWS, comments on the decision:
”Our customers want local sales presence with support in their time zone and language, and with today’s announcement we can serve them even more efficiently. Moreover, they prefer to sign contracts with a locally established company, which has to obey the local legislation. Singapore is a strategic hub in the Asian region and industry, and we want to take advantage of the dynamic environment there. Our decision to establish a subsidiary is based on conclusions from direct dialogues with customers located in Singapore, but this office will of course be working tightly with the parent company in Sweden. One of our employees in Sweden will move down to Singapore in the end of the summer, and be responsible for driving local sales and business development.”
The subsidiary will be operating as of mid April, focusing mainly on signing contracts and establishing cooperation with global, Asia-based customers within the security, insurance and telecom industry.
About GWS Production AB and Safeture
GWS, Global Warning System, was founded in 2009, triggered by the experience with a global SARS epidemic, the 2004 Indian Ocean tsunami and the Mumbai terror attacks. The company offers a mobile device based, personal security service Safeture, in order to protect the traveler by real-time tracking and providing valuable real-time information about disasters and other threats that could impact on the traveler. The system consists of a range of services that are delivered via the traveler’s mobile phone and is provided to both businesses – Safeture Pro, and to private individuals – Safeture.
The GWS share is listed on NASDAQ First North Stockholm. Sedermera Fondkommission is the Certified Adviser.
For additional information on the service, visit www.globalwarningsystem.com or contact CEO Andreas Rodman, +46 (0) 708 – 10 13 16, e-mail: email@example.com
This is an English version of a press release communicated by GWS Production AB. In any case of doubt or possible differences regarding the different versions it is the Swedish version that shall apply.