AvePoint Expands Global Footprint with New Stockholm Office

Sep 8th, 2022 8:00 EST

STOCKHOLM, Sweden, Sept. 08, 2022 (GLOBE NEWSWIRE) -- AvePoint (NASDAQ: AVPT), the most advanced SaaS and data management platform provider, today announced the opening of a new office in Stockholm, Sweden to expand its global presence and meet growing demand for digital collaboration security, compliance, and productivity solutions in the Nordic region. Located in the Urban Escape area of Stockholm, a new neighborhood built to inspire new ways to collaborate and meet, the space is also home to Microsoft, and will replace AvePoint’s previous space in the bustling Östermalm district of Stockholm.

Today, nearly 90% of the largest companies and public organizations in the Nordic region see digitalization as crucial to future success and 33% rate it as their top priority, according to Microsoft. Establishing a stronger presence in the region is critical in supporting AvePoint’s mission to help all organizations collaborate with confidence in the digital world.

“The relocation of AvePoint’s Stockholm office to the Urban Escape area of Stockholm is the next step in our commitment to keep scaling globally,” said Hans Delleman, Executive Vice President of Europe, Middle East, and Africa (EMEA), AvePoint. “A greater presence, and proximity to other major tech companies like Microsoft, will enable us to strengthen our team in the Nordic region and ultimately allow AvePoint to capitalize on key growth opportunities with increased tenacity.”

The Urban Escape area in Stockholm boasts many innovative companies, among them Microsoft, Kindred, and Spotify. To begin, AvePoint sales, research and development and partner marketing teams will be in this location, with the goal of expanding to additional areas of business as needed. Already in the region, AvePoint supports major customers like IKEA Baltics and Iceland, and partners like Cristie Nordic to successfully migrate, manage and protect their critical business data. In working with AvePoint, more customers and partners in the region will be empowered to adopt the technology necessary to thrive in the hybrid workplace.

Today, AvePoint has 28 global offices, and supports customers and partners in their digital transformation journeys on all seven continents. AvePoint Sweden’s new location will open officially on September 15, 2022 with an inaugural event held for regional partners and customers.

To learn more about AvePoint, visit https://www.avepoint.com.

About AvePoint

Collaborate with confidence. AvePoint provides the most advanced platform for SaaS and data management to optimize SaaS operations and secure collaboration. More than 9 million cloud users rely on our solutions. Our SaaS solutions are also available to managed service providers via more than 100 cloud marketplaces, so they can better support and manage their small and mid-sized business customers. Founded in 2001, AvePoint is a five-time Global Microsoft Partner of the Year and headquartered in Jersey City, New Jersey. For more information, visit https://www.avepoint.com

Disclosure Information

AvePoint uses the https://ir.avepoint.com/ website as a means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD.

Forward Looking Statements

This press release contains certain forward-looking statements within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995 and other federal securities laws including statements regarding the future performance of and market opportunities for AvePoint. These forward-looking statements generally are identified by the words "believe," "project," "expect," "anticipate," "estimate," "intend," "strategy," "future," "opportunity," "plan," "may," "should," "will," "would," "will be," "will continue," "will likely result," and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: changes in the competitive and regulated industries in which AvePoint operates, variations in operating performance across competitors, changes in laws and regulations affecting AvePoint's business and changes in AvePoint’s ability to implement business plans, forecasts, and ability to identify and realize additional opportunities, and the risk of downturns in the market and the technology industry. You should carefully consider the foregoing factors and the other risks and uncertainties described in the "Risk Factors" section of AvePoint’s most recent Quarterly Report on Form 10-Q, its registration statement on Form S-1 and related prospectus and prospectus supplements, and in its subsequent filings made to the SEC. Copies of these and other documents filed by AvePoint from time to time are available on the SEC's website, www.sec.gov. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and AvePoint does not assume any obligation and does not intend to update or revise these forward-looking statements after the date of this release, whether as a result of new information, future events, or otherwise, except as required by law. AvePoint does not give any assurance that it will achieve its expectations.

Media Contact Nicole Caci AvePoint [email protected] (201)-201-8143


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