Seco — Regulatory Filings 2021

May 17, 2021

Informazione Regolamentata n. 2358-26-2021		Data/Ora Ricezione 17 Maggio 2021 07:54:29	MTA - Star
Societa'	:	SECO
Identificativo Informazione Regolamentata	:	147340
Nome utilizzatore	:	SECON03 - -
Tipologia	:	REGEM
Data/Ora Ricezione	:	17 Maggio 2021 07:54:29
Data/Ora Inizio Diffusione presunta	:	17 Maggio 2021 08:10:04
Oggetto	:	Riello UPS adopts Clea for its new generation Digital Services
Testo del comunicato

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Riello UPS adopts Clea for its new generation Digital Services

Riello Connect: New UPS solutions are now connected with the SECO Mind Artificial Intelligence services thanks to the Integrated Suite.

Arezzo/Legnago, May 17, 2021 - Riello UPS, the Business Unit of Riello Elettronica, a world leader in the energy conversion and protection market, and SECO SpA, a center of excellence in the field of technological innovation for IoT solutions, have signed a partnership agreement for the development of a new generation of UPS solutions based on Clea, the integrated suite of artificial intelligence services developed by SECO Mind, which collects data in the field, transfers the data to the Cloud and analyzes it in real time, returning useful information for business processes.

Clea, the SECO Mind IoT + AI platform, will be implemented on the UPS systems of Riello UPS that, being connected to cloud, will thereby allow to deploy a new generation of digital services that will facilitate the equipment monitoring, efficiency optimization, and downtime reduction.

The partnership with Riello UPS is just one of the most recent partnerships involving SECO Mind, the business unit that integrates skills in the fields of Artificial Intelligence, IoT and data orchestration. With SECO Mind's knowledge and technologies, Artificial Intelligence becomes accessible to organizations of all sizes, proving to be a strategic asset in their digital transformation and helping them maximize the value of their data, optimize their operations and improve their products and services.

"With Clea, SECO Mind will support Riello UPS in providing a new generation of highly innovative digital services for their UPSs, accessible to both business and private users. We are excited to be working with a market leader and helping it consolidate its position in a scenario where IoT and Artificial Intelligence are becoming a must-have for every company," said Dario Freddi, Co-CEO of SECO Mind.

" Riello UPS, thanks to SECO Mind's Clea, will provide a new generation of highly innovative digital services for its UPSs via Riello Connect, that will be accessible to both business and private users. We are excited to be working with a technological partner such as SECO, a leader in the IoT and Artificial Intelligence sector, both of which are becoming sources of tangible added value for each company that wishes to be recognized as a technological innovator", said Massimo Zampieri, Product Manager of Riello UPS.

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RIELLO UPS

Riello UPS is the brand of uninterruptible power supplies for Data Centers, offices, electromedical applications, security and emergency equipment, industrial complexes, and communication systems, designed and produced by RPS S.p.A., a company based in Italy and part of the Riello Elettronica Group. With the Riello UPS brand, RPS S.p.A. is the industry leader in Italy and firmly placed among the top five companies in the world in technological research, production, sales, and assistance. The pursuit of quality, the optimization of resources and a strong drive towards technological innovation, together with seriousness, consistency, and experience, make RPS S.p.A. a company able to meet the needs of a fastgrowing market. RPS S.p.A. has two production sites in Italy, 16 subsidiaries placed between Europe, the United States, the United Arab Emirates, China, India, Singapore, Vietnam and Australia, and a presence in over 85 countries worldwide, that offers a very high level of customer service.

For additional information about the company and its products visit www.riello-ups.com

RIELLO ELETTRONICA

Established and successfully led by Pierantonio Riello in 1986, Riello Elettronica is the holding company of a group of businesses operating in sectors with high technological expertise. Energy represents the core business of the group (design, production, sales, and assistance of UPS and photovoltaic inverters) with the brands Riello UPS and Riello Solartech. This is complemented with work in the Automation and Security areas with the AVS and Cardin brands. The group has seven production sites, 30 subsidiaries in Europe, United States, United Arab Emirates, China, India, Singapore, Vietnam and Australia, and a presence in over 85 countries worldwide that offers a very high level of customer service.

For additional information about the group visit www.riello-elettronica.com

SECO Mind

SECO Mind, a SECO Group company, specializes in Artificial Intelligence and IoT. The company recently launched Clea, a highly customizable platform that collects and analyzes data from sensors in the field to provide real-time insights, offering a complete solution for the creation of new generation digital services and enabling new business models for end customers.

SECO

SECO (IOT.MI), listed on Borsa Italiana's Mercato Telematico Azionario (STAR segment), is a center of excellence in the field of technological innovation and integration. The company has been operating in the high-tech market for over 40 years, designing, developing and manufacturing cutting-edge proprietary technological solutions for industrial clients. SECO products range from miniaturized computers to standard or customized hardware, high-tech finished products and hardware-software integrated systems for highly diversified end-markets, including medical, industrial automation, aerospace and defense, wellness and vending systems. In addition, the company has further improved its product range by scaling the value chain with the launch of CLEA, a proprietary Platform as a Service (i.e. PaaS), providing services and solutions for applications within the Internet of Things ("IoT") allowing clients to manage their IoT Endpoints in an efficient, effective and simple manner. With over 450 employees and a turnover of €76.1 million as of December 31, 2020, SECO operates on a global scale with offices in Europe, North America, and Asia, as well as production facilities in Italy and China, serving more than 200 blue-chip customers which are leaders in their respective fields. SECO R&D capabilities are further enhanced by long-lasting strategic partnerships with tech giants and collaboration with universities, research centers, and innovative start-ups. SECO is an investee of Fondo Italiano Tecnologia e Crescita, managed by Fondo Italiano d'Investimento SGR.

For more information: http://www.seco.com/

Contacts:

SECO SpA Marco Parisi Head of Investor Relations Tel. +39 0575 26979 investor.relations@seco.com

Riello UPS Press Office (Italy) RGR Comunicazione e Marketing Tel. +39 329 2118296 Tel. +39 366 6898088 E-mail: rgr@rgr.it

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COMMUNITY GROUP Marco Rubino di Musebbi Tel. +39 335 650 9552 Marco Tansini Tel. +39 335 189 9228 seco@communitygroup.it

Riello UPS Headquarter (Italy) RPS SpA Luca Ghidini Marketing Communication Manager E-mail: l.ghidini@riello-ups.com E-mail: marketing@riello-ups.com