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HansaMatrix Capital/Financing Update 2018

Mar 22, 2018

2239_rns_2018-03-22_5e952a75-1809-48ce-94a1-54520cab4a42.html

Capital/Financing Update

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JSC HansaMatrix to invest in technological equipment in amount of 850 thousand EUR in the first half of 2018

According to JSC HansaMatrix year 2018 investment plan, to further develop high tech product manufacturing, the Company has concluded technological equipment delivery agreements and in the first half of 2018 will invest 850 thousand EUR in acquiring technological equipment. Investments will allow JSC HansaMatrix to increase manufacturing capacity as well as to improve productivity of production sites in Ventspils and Pārogre.

Investments will be financed by utilizing in 4th quarter of 2017 JSC “SEB banka” approved industrial leasing limit in amount of 680 thousand EUR and by JSC HansaMatrix own equity in amount of 170 thousand EUR.

Investor and media contact:

Māris Macijevskis

Finance director

Phone: (+371) 6780 0002

E-mail: [email protected]

http://www.hansamatrix.com

About JSC “HansaMatrix”

HansaMatrix is a fast-growing, high-technology company offering product design, industrialization and complete manufacturing services in data networking, Internet of Things, industrial segments and other services to high added value business segments. In addition to complete manufacturing services of OEM products, the company offers an ODM business model to both start-up and established companies that seek product development partnerships.