Polight ASA

Regulatory Filings • Aug 7, 2024

poLight ASA - poLight received follow-on purchase order for a barcode product

poLight ASA - poLight received follow-on purchase order for a barcode product

Horten, 7 August 2024 - poLight ASA (OSE: PLT) today announced that the company

has received a purchase order for TLens of approximately NOK 950,000. The

purchase order is related to the barcode customer announced on the 5th of March

"As mentioned in the last quarterly report, the pipeline for barcode customer is

developing positively, and both old and new customers are represented. This

purchase order is related to our first barcode customer who released a scan

engine product for barcode readers back in 2020, which shows the lifetime

potential of this type of products ", said Dr. Øyvind Isaksen, the CEO of

poLight.

The order is expected to be delivered within Q3-24.

For further information, please contact:

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

About poLight ASA

poLight ASA (OSE: PLT) offers patented, state-of-the-art tunable optics

technology, leveraging its proprietary polymer and piezo MEMS technology.

Founded in 2005, its first product TLens® replicates "the human eye" experience

in autofocus cameras used in applications such as AR/MR devices, smartphones,

wearables, webcams and other consumer devices, industrial barcode scanners and

machine vision systems, and healthcare applications. With over 160 granted

patents, poLight's technology delivers extremely fast focus, small

footprint, ultra-low power consumption, no magnetic interference, and constant

field of view, enabling better imaging system performance and new user

experiences compared to alternative technologies.  poLight is based in Horten,

Norway, with employees in Finland, France, UK, US, China, Taiwan, the

Philippines and Japan. For more information, please visit

https://www.polight.com.