Polight ASA — Earnings Release 2020

Oct 28, 2020

poLight ASA - follow-up purchase order for barcode scan engine product

poLight ASA - follow-up purchase order for barcode scan engine product

Horten, 28 October 2020 - poLight ASA (OSE: PLT) today announced that the

company has received a purchase order for TLens of approximately NOK 750,000.

The purchase order is related to the barcode scan engine product recently

released to the market.

The purchased material is to build buffer material after market release.

"Our customer reports that the recently released scan engine has received

positive feedback from the customers testing the device, and that their first

commercial shipment has already been completed. ", said Dr. Øyvind Isaksen, the

CEO of poLight.

Further information from:

Dr. Øyvind Isaksen, CEO, poLight ASA: +47 90 87 63 98

About poLight ASA

poLight offers a new autofocus lens, which "replicates" the human eye, for use

in devices such as smartphones, wearables, barcode readers, machine vision

systems and various types of medical equipment. poLight's TLens® enables better

system performance and new user experiences due to benefits such as extremely

fast focus, small footprint, no magnetic interference, low power consumption and

constant field of view. poLight is based in Horten, Norway, with offices in

Finland, France and China and representation in Taiwan and Korea. For more

information, please visit https://www.polight.com