Polight ASA - Regulatory Filings 2021

poLight ASA - poLight received purchase order for web camera

Horten, 7th April 2021 - poLight ASA (OSE: PLT) today announced that the company

has received a purchase order for TLens of approximately NOK 430 000. The

purchase order is related to the web camera customer announced on the 6th of

April this year.

The purchased material is in addition to the TLens and ASIC drivers already

purchased for the development phase, mass production validation and initial mass

production worth NOK 320 000.

"This is an encouraging opportunity for us. Although we do not expect this

particular case to represent high volume, it represents a new promising market

segment for our product. Customer plan to start shipping during April this

year", said Dr. Øyvind Isaksen, the CEO of poLight.

The order is expected to be shipped in the coming next few months.

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

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