TERN PLC

Regulatory Filings • Aug 15, 2018

15-Aug-2018 / 07:00 GMT/BST Dissemination of a RegulatoryAnnouncement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.

15 August 2018

Tern Plc(the "Company", or the "Group")

Fundamental SurgeryLaunched in the US

Tern Plc (AIM:TERN), the investment company specialising in the Internet of Things ("IoT"), is pleased to note the announcement from its por'olio company, FVRVS ("FundamentalVR"), in which it has a 18.3% holding, that it has launched Fundamental Surgery, a first-of-its-kind SaaS pla'orm in the USA.

Fundamental Surgery combines virtual reality ("VR") with cu4ng-edge hap5cs (the sense of touch) to create low-cost and scalable flight simulator experiences for trainee and qualified surgeons.

The SaaS system uses a unique Surgical Hap5c Intelligence Engine TM ("SHIE") which is calibrated to mimic real life sensa5ons rela5ng to surgical prac5ces. Its ini5al U.S offering will focus on training packages within the Orthopedic Surgical disciplines. Available to order today, current procedures supported include Spinal Pedicle Screw Placement, Posterior Hip Replacement and Total Knee Arthroplasty. Further orthopedic procedures will be added during Q4 2018with other disciplines, includinggeneral surgeryand cardiovascular slated for 2019.

Tern CEO, Al Sisto, said: "We are delighted to see the launch of Fundamental Surgery in the United States, which we believe represents an important next step for the company."

**ENDS**

Enquiries Tern Plc

via Redleaf Communica5ons

Al Sisto/Sarah Payne

Redleaf Communica'ons Tel: 020 3757 6880

Elisabeth Cowell/Fiona Norman

ISIN: GB00BFPMV798 Category Code:MSCU TIDM: TERN LEICode: 2138005F87SODHL9CQ36 Sequence No.: 5876 EQS News ID: 714391

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