Polight ASA

Regulatory Filings • Dec 7, 2023

poLight ASA - purchase order received related to Mini2p application

poLight ASA - purchase order received related to Mini2p application

Horten, 08 December poLight ASA (OSE: PLT) today announced that the company has

received a purchase order for stacked TLenses from a commercial company planning

to supply Mini2p solution worth in excess of NOK 2.500.000. Mini2P is an open

-source miniature 2-photon microscope brain explorer for fast high-resolution

calcium imaging in freely-moving mice developed by Kavli Institute for Systems

Neuroscience at Norwegian University of Science and Technology (NTNU).

"After the Kavli Institute first started using TLens in Mini2P many research

groups around the world are doing the same. TLens has been instrumental to

achieve the performance of Mini2p system. The speed and temperature stability of

TLens is much better than any other tunable lens on the market, implying we can

enable results not possible with any other technologies. We have mainly seen

this activity as important brand building for us, but now we see commercial

players preparing to supply such solutions and hence this activity is starting

to be an important financial contributor. ", said Dr. Øyvind Isaksen, CEO of

poLight ASA.

Deliveries will start before the end of the year, and be completed during

Q3/2024.

Further information from:

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

About poLight ASA

poLight ASA (OSE: PLT) offers a patented, proprietary tunable optics technology,

starting with its first product, TLens® which replicates "the human eye"

experience in autofocus cameras used in devices such as smartphones, wearables,

barcode scanners, 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 employees in Finland, France, UK, US, China, Taiwan, and

the Philippines. For more information, please visit https://www.polight.com