The Board of Directors of Relesys A/S (CPSE:RELE) has decided to initiate a strategic review. The strategic review shall evaluate funding options and ownership structures to allow the Company to execute its expansion plans and accelerate growth. Chairman of the Board, Alexander Thomas Martensen-Larsen, says:"During the last couple of years, Relesys has strengthened its operational platform with increased focus on enterprise customers, entered new markets, optimized the customer base and continued its international expansion.

On this basis, it is natural for us to analyze the next steps in the Company's strategic development and as such we have initiated a strategic review of Relesys' options to accelerate growth. We look forward to supporting both current and new clients around the world in growing and optimizing their business by delivering market-leading solutions to engage and unite their employees across multiple work functions and locations". Relesys has not set a definitive time schedule to complete this review.