Press release from Flasheye

Luleå, Sweden — Xolaris, a renowned pioneer in developing and delivering cutting-edge
software solutions to serve national security, law enforcement, and public safety
organizations worldwide, is excited to announce its strategic partnership with Flasheye,
an unparalleled innovator in lidar-based solutions used to protect critical infrastructure
and beyond. This dynamic collaboration brings together the expertise of Xolaris and
Flasheye, setting the stage for further advancements in protecting lives and
infrastructure through state-of-the-art technologies.

Through this alliance, Xolaris and Flasheye aim to leverage their collective expertise and
resources to develop game-changing solutions that will push the boundaries of
technology-driven security operations. By capitalizing on the unique strengths of each
organization, this partnership promises to deliver innovative solutions, enabling
enhanced situational awareness, streamlined operations, and fortified security and
protection solutions.

“This partnership marks a super exciting milestone in our journey,” said Ulf Lindström,
CEO at Flasheye. “By joining forces with Xolaris, we are poised to amplify our impact and
extend our reach, ultimately empowering the clients with the most advanced lidar and
protection systems available.”

Mohsen Tavakol, CEO at Xolaris, echoed the sentiment, saying, “Our collaboration with
Flasheye represents a significant stride towards realizing our shared vision of a safer
world. Together, we will bring new attractive and advanced solution combinations to the
security market.”

PRESS RELEASE, August 14th, 2023
Xolaris Civil Security AB
Sundsbacken 6, 972 42 Luleå www.xolaris.se 2 / 2
Sweden

About Xolaris
Xolaris has delivered strategic investigative intelligence solutions, based on processing,
analyzing and visualizing digital footprints and related data in the mobile networks, to
national security authorities, public safety organizations, and law enforcement agencies
globally for over 20 years. Xolaris comprehensive solutions play a vital role in protecting
communities, investigating and preventing crime, enabling efficient operations, and
enhancing decision-making processes.

About Flasheye
Flasheye is a leading innovator in lidar-based solutions, specializing in protecting critical
infrastructure and enabling enhanced automation and safety across various industries.
Flasheye’s solutions process and visualize 3D data in real-time to detect changes and
danger in and around protected infrastructure. Through delivering cutting-edge
technologies, Flasheye provides advanced solutions that enable precise measurements,
real-time insights, and superior threat detection capabilities.

Contacts
For media inquiries, please contact:
Xolaris Civil Security AB
Annica Isaksson
[email protected]
Flasheye AB
Ida Rehnström
[email protected]

Originally published on 15 September. 

Norwegian software company Visma has purchased the Icelandic high tech startup Payday for an undisclosed fee, according to a press release.

Payday was founded in 2017 and offers cloud accounting, payroll and invoicing to smaller businesses. Furthermore, Payday integrates with Icelandic banks, tax authorities, as well as e-commerce services such as WooCommerce and Shopify.

“We are very pleased to welcome Payday to the Visma family, and at the same time announce our first market entry in Iceland. The Payday team has developed an extraordinary product with top-class functions and capabilities, making it easy to see why they are winning over more and more customers”, says Nebojsha Mihajlovski, Executive Chairman at Visma-owned PowerOffice, and incoming Chairman of Payday.

With the purchase Visma is now operating in all the Nordic countries. According to the press release, Payday will continue to operate as an independent company, under the same management.

Payday has plans to utilize AI solutions on its platform for expense management and reconciliations.

“From the very first day, our primary objective has been to reduce our customers’ administrative trouble. They have rewarded us with invaluable feedback as well as recommending Payday to their colleagues, further contributing to our growth. This continuous improvement process is entering a new and exciting chapter, as we join the strong Visma family”, says Björn Hr Björnsson, founder and CEO of Payday.

About Visma
Visma is a leading provider of mission-critical cloud software, with revenue of € 2.06 billion in 2022, 14,500 employees and 1.6 million customers across Europe and Latin America. By simplifying and automating the work of businesses and organisations of all sizes, we enable a more efficient and prosperous society.