The Board of Conferize A/S has decided that the next generation of Conferize's Event Management Software (EMS V2) will be launched on 30 November 2018, in line with the prospectus from the company's IPO in June 2017. The new EMS platform offers an unprecedented easy access to event management. Anyone can now create events for 5 to 5,000 participants with website, communication, ticket sales and much more without any prior experience. At the same time as strengthening and simplifying the event management, event-goers, organizers and speakers get a common digital space to network, share knowledge and create content - before, during and after the event. The end goal is to create significantly more value and benefit for both event hosting and participation than what has been possible before. By end of August 2018, Conferize's customer base surpassed more than 10,000 event organizers worldwide, which is why the Company expects a large number of new events to be created on the new platform in 2019.

The strategy shows that the Company expects revenue from ticket sales in 2019 to be relatively modest as it usually takes time from the event creation to the physical event is held. For the year 2019, the company's revenue expected to be $71,000.

From 2020 onwards, the company expects a significant improvement in earnings. With the current growth Conferize expects to be cash flow positive by the end of 2021. For the year 2020, the company's revenue expected to be $1,089,000.

For the year 2021, the company's revenue expected to be $2,954,000.