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Polight ASA Regulatory Filings 2021

May 18, 2021

3717_rns_2021-05-18_330a9b7e-518a-4573-af6f-b643dc50d771.html

Regulatory Filings

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poLight ASA - poLight TLens confirmed to be used in a machine vision product

poLight ASA - poLight TLens confirmed to be used in a machine vision product

Horten, 18th May 2021 - poLight ASA (OSE: PLT) today announced that the company

has received a confirmed design-win for a machine vision product. Following the

design-win confirmation the customer placed the first order for TLens and driver

worth NOK 560.000.

"This gives us a new reference in the industrial market which over time will

contribute to forming a strong fundament in the company. Annualy this product

will represent a low volume, but it is expected to have several years lifetime.

Another contributor to the long-term success of poLight", said Dr. Øyvind

Isaksen, the CEO of poLight.

The order is expected to be delivered within end of June-2021.

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, machine vision systems and

various 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