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Acconeer signs a distribution agreement with South Korean Uniquest

The radar technology company Acconeer AB has signed a distribution agreement with Uniquest, the largest distributor of electronic components in South Korea. Initially the agreement includes the A1 product and covers the South Korean market. Uniquest has been a close partner to Acconeer over the past years, both as a large shareholder and help in addressing South Korean customers.

Lars Lindell, CEO of Acconeer, comments "We are very pleased that we can announce the signing of this agreement with Uniquest. This is the next step in our roll out strategy and will enable us to ship products in volume in the South Korean market. The South Korean market will be very important to Acconeer and Uniquest is the best partner for us"

Jason Lee, COO of Uniquest, comments "Uniquest have followed Acconeer for long time and seen a very strong interest from our customers in Acconeer's unique radar sensor, and their work in developing a cutting-edge technology that has many potential application areas. We look forward on serving Acconeer on the South Korean market."

For additional information, please contact:
Lars Lindell, CEO Acconeer, Phone +46 10 218 92 00, Mail:
Jason Lee, COO Uniquest, Phone +82 31 708 99 88,

The following documents can be retrieved from beQuoted
Acconeer Pressrelease 2018-03-08 English.pdf

About Uniquest
Uniquest Corporation, established in 1993, is a leading distributor of electronic components. The head office of Uniquest is located in South Korea and the company has branch offices with warehouses in the USA (California) and Hong Kong. Uniquest Corporation has been listed on the Korean Stock Exchange since 2004. The company currently employs 170 people.

About Acconeer AB
Acconeer is a leading radar sensor company based in Lund, south Sweden, in Ideon, the country's hottest region for wireless technologies. Acconeer is developing a truly leading ultra-low power, high precision 3D sensor which will revolutionize the way that mobile devices interpret their surroundings. Acconeers ultra-low power and millimeter precision sensor will be a robust and cost-effective solution for applications ranging from virtual reality and gaming to security and robot control. Information from the sensor can also be used to identify different materials, these are just some examples of the wide range of possibilities of application areas for the sensor. Acconeer is listed on Nasdaq First North Stockholm with the ticker code ACCON, Redeye is the company's Certified Advisor (CA).