Ortivus

Regulatory Filings • Sep 30, 2019

ORTIVUS SIGN CONTRACT WITH ST ENGINEERING'S ELECTRONICS SECTOR TO ADVANCE PRE-HOSPITAL SOFTWARE IN SINGAPORE

Ortivus continues to expand internationally and deliver value to the medical records system in Singapore with its MobiMed software technology. Ortivus AB and ST Engineering's Electronics sector has signed an agreement to deliver Ortivus' MobiMed technology to the emergency care system in Singapore. Please see press release dated July 10th, where Ortivus communicates that parties have agreed verbally.

"This order shows that Ortivus products hold an international top class and establishes the company as the preferred supplier for pre-hospital software systems. The new features that will be developed together with ST Engineering's Electronics sector will also be of great value to our other markets and customers," says Reidar Gårdebäck, CEO of Ortivus AB.

"It is our pleasure to partner with Ortivus AB to introduce to Singapore the first-of-its-kind prehospital software platform that enables seamless data sharing between ambulances and emergency departments, prior to arrival at the hospitals. With MobiMed technology, coupled with our engineering expertise, this patient-centric solution will improve the emergency care given to our citizens, as well as improve operational efficiency for healthcare institutions," says Mr Low Jin Phang, General Manager of Info-Software Systems, Electronics, ST Engineering.

The agreement covers the delivery of existing functionality in today's MobiMed system as well as the development of new modules specific to integration with other systems.

ST Engineering's Electronics sector will leverage the MobiMed medical record system for ambulance operations and add the necessary hardware to support and deliver emergency care in Singapore. ST Engineering's Electronics sector will maintain direct contact regarding service and support of the end users.

The entire system is planned to be commissioned by the end of 2020, but partial delivery of various components may take place from the end of 2019. The agreement covers a total of about 660 software licenses and the order value amounts to SEK 27 million over a six-year period.

ST Engineering is a global technology, defence and engineering group specialising in the aerospace, electronics, land systems and marine sectors. The Group employs about 22,000 people across offices in Asia, the Americas, Europe and the Middle East, serving customers in the defence, government and commercial segments in more than 100 countries. With more than 500 smart city projects across 70 cities in its track record, the Group continues to help transform cities through its suite of Smart Mobility, Smart Security and Smart Environment solutions.

Headquartered in Singapore, ST Engineering reported revenue of \$6.7b in FY2018 and it ranks among the largest companies listed on the Singapore Exchange. It is a component stock of the FTSE Straits Times Index, MSCI Singapore, SGX ESG Transparency Index and SGX ESG Leaders Index. For more information, please visit www.stengg.com.

The Electronics sector specializes in the design, development and delivery of Information and Communications Technology (ICT) products, solutions and services addressing the needs of Smart Cities for Connectivity, Mobility and Security. Its deep technological and engineering expertise straddles business domains in Rail & Road Engineering, Satellite Communications, Public Safety & Security, Cybersecurity, Artificial Intelligence, Training & Simulation, Managed Services and Defense C4ISR. It has presence in more than 30 global cities across North America, Latin America, Europe, Africa, the Middle East, China, India and Southeast Asia. For more information, please visit www.stengg.com.

Contacts

För further information, please contact

Reidar Gårdebäck, CEO

Telefon +46 8 446 45 00

About Ortivus

Ortivus was founded in 1985, based on clinical experience in cardiology, and has its headquarters in Danderyd, outside Stockholm. The company has had a presence in the UK through its own subsidiary since 1998. Through its proprietary, module-based MobiMed technology platform, Ortivus offers its customers real-time monitoring of patients in prehospital care and MobiMed ePR – a decision support system that can be integrated in real time with patient management systems in the healthcare setting and with external patient systems. 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 2019-09-30 08:00 CEST.

Attachments

ORTIVUS SIGN CONTRACT WITH ST ENGINEERING'S ELECTRONICS SECTOR TO ADVANCE PRE-HOSPITAL SOFTWARE IN SINGAPORE