Boxlight makes huge gains in the interactive flat panel display market | Business Wire China

2021-12-13 06:13:05 By : Ms. ZOMEI qi

Lawrenceville, Georgia--(BUSINESS WIRE)--Boxlight Corporation (NASDAQ: BOXL), a leading provider of interactive technologies, digital signage, and software solutions, today announced that its interactive flat panel display (IFPD) market.

The recent third quarter of 2021 report on the global IFPD market provided by market research company Futuresource Consulting stated that Boxlight has made significant progress in both global education and corporate verticals. Under its brands Clevertouch and Mimio, Boxlight is the number one supplier in many countries.

Our partner ASI Solutions continues to dominate Australia. Clevertouch, the best-selling IFPD on the market, owns 41% of the market in the third quarter of 2021, while the second-ranked competitor has 10%.

In the UK, we have also become the number one IFPD brand with a market share of 20% in the third quarter of 2021. The UK is a mature market, but we continue to make significant gains.

Our Clevertouch partner Unit DK continues to lead with 22% of Danish IFPD sales this year. In South Africa, Interactive AV Solutions (IAVS) sales are booming, and the company also ranks first in the country.

In Europe, the Middle East and Africa, we are the second largest supplier under the Clevertouch brand of corporate collaboration IFPD.

In the United States, our market share has increased to nearly 8%, and as we continue to provide a strong portfolio of interactive solutions, we expect this proportion to increase in the next few quarters.

On a global scale, excluding China, we are the fifth largest IFPD supplier, and now rank third in Europe, the Middle East and Africa, and have improved several positions beyond well-known brands.

Boxlight President Mark Starkey commented: "Globally, excluding China, our Boxlight brand market share is close to 10%, twice as much as two years ago. We have become the trusted interactive panel under the Clevertouch and Mimio brands by our customers. The preferred solution."

Note: All statistics are provided by Futuresource Consulting and are based on interactive flat panel sales from the first quarter to the third quarter of 2021.

For more information about our solutions, please visit boxlight.com and smarttouch.com.

Boxlight Corporation (NASDAQ: BOXL) ("Boxlight") is a leading interactive technology solution provider under its award-winning brands Clevertouch® and Mimio®. The company aims to improve participation and communication in different business and educational environments. Boxlight develops, sells and services its integrated solution suite, including interactive displays, collaboration software, support accessories and professional services. For more information about the Boxlight story, please visit http://www.boxlight.com and Clevertouch, https://www.clevertouch.com/.

This press release may contain information about Boxlight’s views on its future expectations, plans, and prospects, which constitute forward-looking statements. Due to various factors, actual results may differ materially from historical results or the results indicated by these forward-looking statements, including but not limited to risks and uncertainties related to its ability to maintain and develop its business, variability in operating performance, and new Product and service development and launch, marketing and other business development plans, industry competition, etc. Boxlight encourages you to review other factors that may affect its future performance in Boxlight's filings with the US Securities and Exchange Commission.

Media Sunshine Nance +1 360-464-2119 x254 sun.nance@boxlight.com

Investor Relations +1 360-464-4478 Investor.relations@boxlight.com

Media Sunshine Nance +1 360-464-2119 x254 sun.nance@boxlight.com

Investor Relations +1 360-464-4478 Investor.relations@boxlight.com