Ortivus

Regulatory Filings • Dec 10, 2020

ORTIVUS IS AWARDED A PREHOSPITAL PATIENT MONITORING CONTRACT IN AN ADDITIONAL SWEDISH REGION

Ortivus has been awarded a contract for the delivery of equipment to Region Jönköping's ambulance operations. The contract applies to the delivery of Ortivus' solution MobiMed monitoring, including hardware and software, to all of the region's emergency vehicles. The delivery also includes external defibrillators. The delivery value is estimated to 9 MSEK over two years. The contract duration is 2 years with a potential extension of 1 + 1 years.

Ortivus currently delivers MobiMed to 14 out of Sweden's 21 regions. As Region Jönköping is a new customer for Ortivus, the customer base in Sweden will be further expanded following the contract. In addition to MobiMed hardware and software, the delivery also includes external defibrillators from Bexen-Cardio, for which Ortivus has exclusive distribution rights in the Nordic countries, UK, and Ireland.

"This award is a confirmation that our new complete solution with MobiMed monitoring, packaged together with an external defibrillator, offers the flexibility and functionality that the market demands." says Elias Obaid, CCO.

The contract will be signed after a period of 10 days from the date of the award, in accordance with the procurement regulations.

Contacts

For further information, please contact

Reidar Gårdebäck, CEO

Telefon +46 8 446 45 00

About Ortivus

Ortivus develops and commercialises MobiMed, medical technology solutions for a safer and more efficient

healthcare. The company was founded in 1985 and is today a leading provider of mobile digital solutions for prehospital care, worldwide. Ortivus' products are based on in-depth expertise in cardiology as well as decades of development together with users and customers. The company's headquarters are located in Danderyd, Stockholm and the company has, since 1998, a wholly-owned subsidiary based in the United Kingdom.

MobiMed is a modular platform that currently is used by over 12 000 paramedics in over 2 700 emergecy vechicles. The platform consists of a monitor that in real-time measures, monitors and shares patients'

vital parameters, such as, ECG, blood pressure and blood oxygenation. The system also consists of an electronic patient record for decision support, collection of patient data and clinical documentation.

MobiMed has a total weight of 2.5kg and is created to function in a demanding environment and out in

the field. The two-way communication supports telemedicine consulting with clinical experts while patient data is seamlessly integrated into the medical records at the hospitals and primary care centers. MobiMed saves time and helps healthcare professionals make the right decisions in critical situations. MobiMed also contributes to improved quality of care and saved resources.

Ortivus Class A and Class B shares are listed on the NASDAQ Stockholm Small Cap list.

Read more about Ortivus at www.ortivus.com

This information is information that Ortivus is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2020-12-10 16:20 CET.

Attachments

ORTIVUS IS AWARDED A PREHOSPITAL PATIENT MONITORING CONTRACT IN AN ADDITIONAL SWEDISH REGION