Crunchfish Digital Cash is the future of payments and adds multiple benefits to banks and payment service, regardless of payment rail. Crunchfish sees potential in Blippit as an integral part of Digital Cash, but it does not warrant a dedicated team or focus. Crunchfish has therefore decided to write down the value of Blippit AB shares on Crunchfish’s balance sheet.

Blippit AB is a joint venture between Crunchfish AB and ClearOn AB. Blippit AB has exclusive rights until year-end 2023 to sell Blippit app terminal in relation to mobile payment apps to POS terminals. Blippit app terminal easily integrates into any kind of payment app and POS terminal and is an integrated part in the Crunchfish Digital Cash platform.

Crunchfish continues to see potential in Blippit, but mainly as an integral part of Crunchfish Digital Cash platform. Hence, sales of the Blippit app terminal will not have a dedicated focus going forward but be offered as an add-on product that integrate mobile apps with POS terminals. Crunchfish has therefore decided to make an extraordinary write-down of the share value of Blippit AB in Crunchfish balance sheet to zero. This has a one-time negative impact of SEK 7.6 million on Crunchfish’s Q4 2021 financials.

”We are very proud to have developed the world’s first app terminal, which now has become an integrated part of the Digital Cash platform. However, as we do not intend to focus on sales of Blippit app terminal specifically, we have decided to write down the value in Crunchfish’s books”,  says Joachim Samuelsson, CEO of Crunchfish AB.

For more information, please contact:

Joachim Samuelsson, CEO of Crunchfish AB

+46 708 46 47 88

joachim.samuelsson@crunchfish.com 

Erik Berggren, IR Manager

+46 726 01 16 73

erik.berggren@crunchfish.com

This information was provided by the contact person above for publication on 16 February 2022 at 18:00 CET.

Västra Hamnen Corporate Finance AB is the Certified Adviser. Email: ca@vhcorp.se. Telephone +46 40 200 250.

About Crunchfish – crunchfish.com

Crunchfish is a deep tech company developing a Digital Cash platform for Banks, Payment Services and CBDC implementations and Gesture Interaction technology for AR/VR, automotive and digital interfaces. Crunchfish is listed on Nasdaq First North Growth Market since 2016, with headquarters in Malmö, Sweden and with representation in India.

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Crunchfish Digital Cash is ideally suited for retail CBDC as it caters to all desired features that a Central Bank could ever ask for. Crunchfish Digital Cash for CBDC was the topic of the fifth Survival of the fittest webinar on February 4^th, 2022.

The webinar on Crunchfish Digital Cash for CBDC (Central Bank Digital Currency) was the fifth of the Survival of the fittest webinar series. After a presentation by Crunchfish group CEO Joachim Samuelsson, Johan Wester moderated a Q&A session and open forum with Magnus Lageson, CPO of Crunchfish Digital Cash, Gagan Kochar, Senior Business Developer India at Crunchfish Digital Cash and Joachim Samuelsson in a panel.

”Crunchfish Digital Cash is second to none when it comes to CBDC. Crunchfish provides all cash like features in digital form, such as offline, privacy, inclusiveness and ease of use, says Joachim Samuelsson, CEO of Crunchfish.

Register for the webinars and see all previous webinars at crunchfish.com/webinars/.

For more information, please contact:

Joachim Samuelsson, CEO of Crunchfish AB

+46 708 46 47 88

joachim.samuelsson@crunchfish.com 

Erik Berggren, IR Manager

+46 726 01 16 73

erik.berggren@crunchfish.com

This information was provided by the contact person above for publication on 4 February 2022 at 12:00 CET.

Västra Hamnen Corporate Finance AB is the Certified Adviser. Email: ca@vhcorp.se. Telephone +46 40 200 250.

About Crunchfish – crunchfish.com

Crunchfish is a deep tech company developing a Digital Cash platform for Banks, Payment Services and CBDC implementations and Gesture Interaction technology for AR/VR, automotive and digital interfaces. Crunchfish is listed on Nasdaq First North Growth Market since 2016, with headquarters in Malmö, Sweden and with representation in India.

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Crunchfish hereby launches the second month of its webinar series Survival of the fittest, that airs every Friday at 8 am CET / 12.30 IST during 2022. Every second webinar have a Digital Cash topic, interleaved by either a Crunchfish or a Gesture Interaction topic. From this month onwards, the webinars will be moderated by Johan Wester, an entertainer known for the comedy show HippHipp.

Crunchfish’s webinar series – Survival of the fittest – airs on Fridays at 08:00 am CET / 12.30 IST. The webinars are broadcasted live and recorded, starting by a short presentation on the pre-announced topic, followed by moderator led Q&A and ends with an open forum between the audience and a panel.

In February, the following webinars will be held:

• February 4th, Digital Cash for CBDC 22#05
• February 11th, Gesture Interaction XR Skeleton 22#06
• February 18th, Digital Cash with V-Key 22#07
• February 25th, Crunchfish Investor Relations 22#08

All webinars are available on our website, our YouTube channel. You can subscribe and never miss when we publish new episodes. 

For more information, please contact:

Joachim Samuelsson, CEO of Crunchfish AB

+46 708 46 47 88

joachim.samuelsson@crunchfish.com 

Erik Berggren, IR Manager

+46 726 01 16 73

erik.berggren@crunchfish.com

This information was provided by the contact person above for publication on 3 February 2022 at 15:30 CET.

Västra Hamnen Corporate Finance AB is the Certified Adviser. Email: ca@vhcorp.se. Telephone +46 40 200 250.

About Crunchfish – crunchfish.com

Crunchfish is a deep tech company developing a Digital Cash platform for Banks, Payment Services and CBDC implementations and Gesture Interaction technology for AR/VR, automotive and digital interfaces. Crunchfish is listed on Nasdaq First North Growth Market since 2016, with headquarters in Malmö, Sweden and with representation in India.

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Crunchfish Digital Cash AB (“Crunchfish”) has received an International Preliminary Report on Patentability (IPRP) in Chapter II of the Patent Cooperation Treaty (PCT) for its initial Digital Cash patent application PCT/SE2020/051251 indicating that all claims 1 – 44 are deemed patentable. The next step is to enter the phase of national phase in July 2022 where Crunchfish must decide which markets to protect this important intellectual property. A patent if granted is valid until January 2040, 20 years from the original filing date.

At the moment of payment the transaction is digitally signed by the payer and transmitted locally to the payee as a message providing the payee with a digitally signed commitment, similar to a guaranteed check. If both parties are offline at the moment of payment, settlement will take place later when one of the parties has internet connection and access to the payment service’s back-end. All the transactions are logged locally by both the payer and the payee. It debits the payer’s Digital Cash offline balance and could either credit the payee’s Digital Cash offline balance or demand that the incoming payment is banked before it may be used. 

”It is extremely pleasing that our very first Digital Cash patent application for offline payments receives such a clean slate on patentability. This is strategically important for several reasons; the patent application has an early priority date and a very wide scope. It also raises our expectations that our many other Digital Cash patent applications may also be granted later, as they are based on the same core principles”, says Joachim Samuelsson, CEO of Crunchfish.

This clean report of the initial Digital Cash patent application follows the announcement of the first granted patent regarding interoperable offline payments in December 2021. 

Below are links to earlier press releases related to this initial Digital Cash patent application.

For more information, please contact:

Joachim Samuelsson, CEO of Crunchfish AB

+46 708 46 47 88

joachim.samuelsson@crunchfish.com 

Erik Berggren, IR Manager

+46 726 01 16 73

erik.berggren@crunchfish.com

This information was provided by the contact person above for publication on 27 January 2022 at 15:00 CET.

Västra Hamnen Corporate Finance AB is the Certified Adviser. Email: ca@vhcorp.se. Telephone +46 40 200 250.

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The webinar on Digital Cash benefits is the third session of the Survival of the fittest series. After a presentation by Crunchfish group CEO Joachim Samuelsson there was a Q&A session with Magnus Lageson, CPO of Crunchfish Digital Cash, Vijay Raghunathan, Head of India at Crunchfish Digital Cash and Joachim Samuelsson in a panel.

”Crunchfish Digital Cash is the future of payments. It adds multiple benefits to any type of payment service, regardless of payment rail. Next Digital Cash webinar on February 4^th will focus on Digital Cash for CBDC.”, says Joachim Samuelsson, Group CEO of Crunchfish.

Next webinar in the Survival of the fittest series is on January 28^th on the topic of Crunchfish Equity analysis. Presenter will be Alf Riple, Head of equity analysis at Västra Hamnen Corporate Finance.  All webinars are open, free of charge and always held on Fridays at 08.00 CET / 12.30 IST.

Register for the webinars and see all previous webinars at crunchfish.com/webinars/.

For more information, please contact:
Joachim Samuelsson, CEO of Crunchfish AB
+46 708 46 47 88
joachim.samuelsson@crunchfish.com 

Erik Berggren, IR Manager
+46 726 01 16 73
erik.berggren@crunchfish.com

This information was provided by the contact person above for publication on 21 January 2022 at 12:00 CET.
Västra Hamnen Corporate Finance AB is the Certified Adviser. Email: ca@vhcorp.se. Telephone +46 40 200 250.

About Crunchfish – crunchfish.com
Crunchfish is a deep tech company developing a Digital Cash platform for Banks, Payment Services and CBDC implementations and Gesture Interaction technology for AR/VR, automotive and digital interfaces. Crunchfish is listed on Nasdaq First North Growth Market since 2016, with headquarters in Malmö, Sweden and with representation in India.

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The Finwire interview of Crunchfish Group CEO Joachim Samuelsson is on the topic of Crunchfish Digital Cash – Future of Payments.

”Crunchfish Digital Cash is the future of payments. We are very happy with the positive feedback we have received so far by Banks and Payment Services. Crunchfish has an ambition to take a leadership position within payments globally”, says Joachim Samuelsson, CEO of Crunchfish.

The recently announced Digital Cash architecture and Digital Cash online has been very well received in the market, especially by banks and instant payment services. Digital Cash online as well as the patented Digital Cash Wallets in mobile apps are ready for shipment.

Please register for Crunchfish weekly, open and free Survival of the fittest webinar series held on Fridays at 08.00 CET / 12.30 IST. The grand premiere on January 7^th was focused on the Digital Cash platform, whereas the next webinar on January 21^st is focused on Digital Cash benefits. All previous and scheduled webinars can be found at crunchfish.com/webinars.

For more information, please contact:
Joachim Samuelsson, CEO of Crunchfish AB
+46 708 46 47 88
joachim.samuelsson@crunchfish.previews.se 

Erik Berggren, IR Manager
+46 726 01 16 73
erik.berggren@crunchfish.previews.se

This information was provided by the contact person above for publication on 17 January 2022 at 12:00 CET.

Västra Hamnen Corporate Finance AB is the Certified Adviser. Email: ca@vhcorp.se. Telephone +46 40 200 250.

About Crunchfish – crunchfish.com
Crunchfish is a deep tech company developing a Digital Cash platform for Banks, Payment Services and CBDC implementations and Gesture Interaction technology for AR/VR, automotive and digital interfaces. Crunchfish is listed on Nasdaq First North Growth Market since 2016, with headquarters in Malmö, Sweden and with representation in India.

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