UMT United Mobility Technology AG: strategic co-operation with Buildsimple

AI-supported document processing and process automation from a single source

Munich / Münster, 10.02.2025 (pta014/10.02.2025/12:08 UTC+1)

UMT United Mobility Technology AG ("UMT AG") and Buildsimple announce a joint strategic sales and integration partnership. Both companies will offer their customers customised End2End processes and AI solutions that can be easily and seamlessly integrated into the respective operational processes.

The cooperation will create a powerful, automated and integrated solution that will help companies to organise their digital workflows more efficiently and intelligently.

This collaboration creates an end-to-end value chain in document processing: Buildsimple analyses, categorises and extracts documents of all kinds. With its "UMS Vision AI" solution, UMT AG takes over the second and third stages to further process, validate and compare the extracted data using artificial intelligence and enrich it with existing information. All this information is seamlessly transferred and integrated into the customer system.

A win-win situation for both sides

Through this cooperation, Buildsimple is expanding its range of services and can offer its customers a powerful AI solution for further automation with "UMS Vision AI". At the same time, UMT AG gains access to Buildsimple's advanced document recognition technology, which serves as the first module within the UMS Vision AI platform.

"The partnership with Buildsimple is a significant step in our mission to provide organisations with intelligent AI solutions that automate administrative processes and increase efficiency. By combining Buildsimple's precise document recognition with our solution, the 'artificial clerk', we can offer our customers a seamless end-to-end solution," explains Erik Nagel, CEO of UMT AG.

Buildsimple also sees great opportunities in the collaboration: "Our AI technology enables fast and accurate data capture from documents of all kinds. In conjunction with UMS Vision AI, companies can now integrate this data directly into their workflows and benefit from automated further processing. The partnership with UMT AG is therefore a real added value for our customers," says René Weseler, Senior Executive Manager of ISR Information Products AG, the developer of the Buildsimple platform.

A market worth billions with growing requirements

The automation of document processing and process control is one of the fastest-growing technology markets in the world. Companies are increasingly faced with the challenge of processing large volumes of information efficiently and simultaneously driving digital transformation. The combination of Buildsimple and UMS Vision AI provides a practical solution that is in high demand, particularly in sectors such as insurance, finance, logistics, healthcare and industry.

With this partnership, UMT AG and Buildsimple are positioning themselves as innovative pioneers in the field of AI-supported business processes in Germany and Europe and setting new standards for the digital future.

About UMT AG:

UMT United Mobility Technology AG, based in Munich, is a leading company for AI-supported process automation. With its innovative "UMS Vision AI" solution, the listed company is on course for growth with companies throughout Europe. By combining technology and consulting, UMT AG offers holistic AI solutions that are tailored to the individual needs of its customers

The UMT United Mobility Technology AG share (WKN: A2YN70, ISIN: DE000A2YN702) is traded on the Frankfurt Stock Exchange and is listed on the Basic Board of Deutsche Börse AG.

About Buildsimple:

Since 2017, "Buildsimple" has been providing a SaaS platform for intelligent document processing. The software developed on Amazon Web Services uses artificial intelligence to analyse documents as accurately as possible in order to enable automation processes in incoming mail.

In addition to classic use cases such as document separation, classification and specialised data extraction, Buildsimple offers additional services such as anonymisation, image and object recognition, content and context analysis, as well as the detection of falsified images and documents. Buildsimple Generative Intelligence combines the power of generative AI with the compliance requirements of customers. Buildsimple is already widely used in BaFin-regulated organisations and is one of the fastest growing Intelligent Document Processing solutions in Germany.

Buildsimple is developed in Münster by ISR (ISR Information Products AG). ISR has been an IT consultant and expert for data analytics and document logistics with 6 locations in Germany since 1993.

www.buildsimple.de

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Emitter:	UMT United Mobility Technology AG Brienner Straße 7 80333 München Germany
Contact Person:	Investor Relations
Phone:	+49 89 20 500 680
E-Mail:	investor.relations@umt.ag
Website:	www.umt.ag
ISIN(s):	DE000A2YN702 (Share)
Stock Exchange(s):	Free Market in Berlin, Dusseldorf, Frankfurt (Basic Board), Hamburg, Munich, Stuttgart, Tradegate