Polight ASA

poLight ASA - New purchase order received supporting barcode scanning market

Horten, 24 June 2024: poLight ASA (OSE: PLT) today received a purchase order for

TLens® worth NOK 600,000 from a scan engine supplier in China. Our customer is

selling their solution to several different barcode OEM´s and is an existing

customer of poLight.

"As mentioned in the last quarterly presentation, the barcode scanning customer

pipeline is developing positively. Today, we are used in 12 commercially

available barcode/machine vison products from six different brands, and several

proof of concepts are ongoing," said Dr Øyvind Isaksen, CEO of poLight ASA.

The order will be fulfilled latest in July 2024.

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, and the

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

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