21 Dec 2022 07:00 CET

Issuer

ENSURGE MICROPOWER ASA

SAN JOSE, California, December 21, 2022 -- Ensurge Micropower (OSE: ENSU, and
OTCIQ: ENMPY), today announced it has received the first production order for
150,000 units of its rechargeable 1-100 milliampere (mAh) solid-state lithium
microbattery, a customized version based on the packaged battery it has been
sampling to multiple manufacturers and potential strategic partners. Ensurge
expects additional orders in 2023 and beyond from this lead customer, an
innovator in the digital health market.

"This significant milestone validates Ensurge's strategic value propositions and
unique differentiation of our technology," said Kevin Barber, Ensurge Chief
Executive Officer. "This major milestone follows our successful sampling of both
unit-cell and packaged microbattery samples to multiple manufactures and
potential strategic partners. We are on track to move our own version of the
industry's first anode-less 1-100 milliampere-hour rechargeable solid-state
lithium microbattery into volume production during the first half of 2023."

Ensurge's lead customer can now create products with features that would be
impossible to offer without the fast-charging performance of Ensurge's solid-
state lithium microbattery, or its ability to support flexible form factors,
higher current draw and a 2X energy density. Ensurge's microbattery technology
doubles or triples the charging rate of the fastest-charging Li-ion-based
designs, which is particularly important for devices used in digital health,
fitness and remote patient monitoring applications. These devices' unique power
requirements cannot be met with Lithium-Ion (Li-ion) coin cell batteries.

For more information about Ensurge's microbattery technology visit the Company's
website, www.ensurge.com (http://www.ensurge.com/).

Contact:
Stale Bjornstad - Investor Relations
Email: stale.bjornstad@ensurge.com (mailto:stale.bjornstad@ensurge.com)
Phone: +47 99 16 76 72

Kevin Barber - Chief Executive Officer
E-mail: kevin.barber@ensurge.com (mailto:kevin.barber@ensurge.com)

This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

About Ensurge Micropower

Ensurge is Energizing Innovation (TM) with the first ultrathin, flexible,
reliable, and fundamentally safe solid-state lithium microbattery for the 1-100
milliampere-hour (mAh) class of wearable devices, connected sensors, and beyond.
The innovative Ensurge Microbattery enables energy-dense rechargeable products
that are ideal for form-factor-constrained applications including hearables
(hearing aids and wireless headphones), digital and health wearables, sports and
fitness devices, and IoT sensor solutions that use energy harvesting to power
everyday things. The company's state-of-the-art manufacturing facility, located
in the heart of Silicon Valley, combines patented process technology and
materials innovation with the scale of roll-to-roll production methods to bring
the advantages of Ensurge technology to established and expanding markets.


Source

Ensurge Micropower ASA

Provider

Oslo Børs Newspoint

Company Name

ENSURGE MICROPOWER ASA

ISIN

NO0012450008, NO0013186460

Symbol

ENSU

Market

Oslo Børs