Aqua Bio Technology ASA

07/02/2024 | Press release | Distributed by Public on 07/02/2024 05:15

Framework agreement for the strategic use of AI

Framework agreement for the strategic use of AI

02 Jul 2024 13:12 CEST

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Issuer

Aqua Bio Technology ASA

2.7.2024 13:12:01 CEST | Aqua Bio Technology ASA | Non-regulatory press releases

Aqua Bio Technology ASA (ABT) and SeeyouAI have entered into a strategic
framework agreement on using artificial intelligence (AI) for ABT's existing and
future portfolio companies.

ABT and SeeyouAI have entered into a framework agreement for AI solutions for
ABT's portfolio companies. The goal is to save resources and enable previously
impossible services by improving customer service, employee support, purchasing
optimization, inventory management, and market intelligence.

About seeyouAI

SeeyouAI has, over the past four years, spent over 300,000 development hours
developing seeyouGPT, the core of a set of European GDPR-compliant AI assistants
for the corporate and private markets. The company has a wide range of Norway's
most reputable investors on the ownership side, and the technology has been
pre-tested in over 100 countries. See the links below for press release and note
for seeyouGPT's open beta launch for consumers.

- Norwegian Press release SeeyouGPT:

https://kommunikasjon.ntb.no/pressemelding/18158443/seeyougpt-apen-betalansering
-forbedrer-brukeropplevelsen-for-minst-988percent-av-verdens-gpt-brukere?publish
erId=17848861&lang=no

Bjorn Selleg, SeeyouAI founder & CEO

"SeeyouAI is proud to embark on this journey to fully integrate artificial
intelligence for ABT's portfolio companies and future acquisition targets,
focusing on saving resources and enabling what was previously impossible. This
strategic cooperation will provide ABT's customers and employees with
personalized, self-learning, and GDPR-compliant AI assistants, transforming
ABT's portfolio companies from product suppliers to full-fledged advisors to
their customers."

Karina Hollekim, SeeyouAI Chief Evangelist, says:

"As part of this strategic framework agreement, we will jointly develop a
training series for all ABT employees on empowering themselves using personal
confidential AI mentors. Allowing employees to ask about anything in full
confidentiality accelerates learning curves and improves work-life balance and
performance".

* Explore SeeyouGPT today on seeyouGPT.com - http://www.seeyougpt.com/
* Explore the open beta version of seeyouGPT today on seeyouGPT.com -
http://www.seeyougpt.com/

Strengthening Aqua Bio Technology

ABT will initially start with AI for Cosmed Beauty AS and then assess whether AI
can be suitable for all its portfolio companies and future acquisition targets
in order to save resources and enable what was previously impossible. ABT will
do this by providing customers and clients with personalized, self-learning and
GDPR-compliant AI assistants.

The framework agreement with seeyouAI covers ABT's current companies and future
acquisitions, focusing on resource conservation and enabling the impossible.
SeeyouAI's aggregator technology covers all of the major commercially available
GPTs, ensuring that ABT is always on top in this rapidly evolving field. The
technology also provides real-time advice and awareness through independent web
searches and access to relevant public databases to help customers and employees
navigate real-time challenges. This will also significantly improve purchasing,
inventory management, and market intelligence for ABT's portfolio companies.

For more information, visit https://aquabiotechnology.com/ and
https://www.seeyouai.eu/

****

For further information, please contact CEO Håvard Lindstrøm mobile phone +47
941 32 288.

Aqua Bio Technology (ABT) is developing and commercializing sustainable
biotechnology for use in skincare products. ABT's cosmetics ingredients are
highly effective and they provide the cosmetics industry with natural
alternatives to traditional ingredients. ABT is also marketing and distributing
natural skincare products developed by partners towards consumers and
professional users. ABT's focus on commercialization and development of natural
ingredients and natural skincare products has been, and will continue to be, an
important part of the Company's strategy going forward. Aqua Bio Technology is
listed on the Euronext Expand market of the Oslo Stock Exchange.

CONTACTS

* Håvard Lindstrøm, 004794132288, [email protected]

ABOUT AQUA BIO TECHNOLOGY ASA

Aqua Bio Technology (ABT) is developing and commercializing sustainable
biotechnology for use in skin care products. ABT's cosmetics ingredients are
highly effective and they provide the cosmetics industry with natural
alternatives to traditional ingredients. ABT is also marketing and distributing
natural skin care products developed by partners towards consumers and
professional users. Aqua Bio Technology is listed on Euronext Expand.

ATTACHMENTS

Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17847556/18169331/4735/Download%20announce
ment%20as%20PDF.pdf

More information:
Access the news on Oslo Bors NewsWeb site

622946_Download announcement as PDF.pdf

Source

Aqua Bio Technology ASA

Provider

Oslo Børs Newspoint

Company Name

AQUA BIO TECHNOLOGY

ISIN

NO0010307135

Symbol

ABTEC

Market

Euronext Expand