Regulatory Filings • Sep 28, 2022
Regulatory Filings
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Title:
First sale of the XTPL device to the United States; Delta PrintingSystem to be delivered to a leader of the new technologies market inSilicon Valley.
Legal basis:
Article 17(1) MAR - inside information
Content of the Report:
The Management Board of XTPL S.A. (the "Issuer", "Company") announcesthat on 28 September 2022 the Company accepted and confirmed an orderfor delivery of the Company's technology demonstrator: Delta PrintingSystem ("DPS"). The Issuer accepted the Client's order, which means thata sales contract was formed.
The buyer is a NASDAQ-listed US corporation, one of the Big FiveAmerican companies from the ICT sector ("Client"). The DPS is to be usedat the Client's California-based R_amp;D labs for the development of virtualreality (VR) technologies and products.
By selling its device to the US market, XTPL gains an opportunity toreach a wide base of industrial clients from the North American region,a market with a significant commercial potential. In addition, this is atransaction made with an industrial partner, which may have asignificant impact on the implementation of XTPL technology on theproduction lines of the world's largest electronics manufacturers.
Accordingly, in the Management Board's opinion, the information on thesale of the Delta Printing System meets the criteria of insideinformation within the meaning of Article 7(1) MAR.
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