poLight ASA - LLVISION confirm releasing enterprise Augmented Reality glasses using TLens®

04 Apr 2023 10:11 CEST

Horten, 4 April 2023 - poLight ASA (OSE: PLT) today announced that the company
has received confirmation that LLVISION is using TLens® autofocus solution in
their latest enterprise Augmented Reality (AR) glasses Leion Pro and is now
released for mass production. The target market for the glasses is enterprise
markets such as manufacturing, aviation, healthcare, education, financial
service and energy industry.

"The AR market is advancing through an important phase, and we expect to see
several companies releasing new AR head-worn devices in the coming years.
TLens® is being used and considered by several important AR market players in
their autofocus cameras. Although each enterprise AR case currently represents
small volumes, it will over time increase and eventually become a consumer AR
market with high volumes will follows suit. Establishing a strong position in
the early stage of deployment is key for future success of the company, "- said
Dr. Øyvind Isaksen, CEO of poLight ASA.

"TLens® has millisecond-level response time, which can provide fast auto
focusing and remote video streaming experience for AR devices that need to move
quickly, also allowing AI recognition results to be more accurate and quickly
displayed on AR near-eye screens. Also, the low power consumption while used in
continues autofocus mode or fixed focus is key for us. So far, we have delivered
the glasses to customers such as TBEA (an advanced energy devices manufacturer),
SANY Group (a construction machine manufacturer), Southern Airlines (an airline
company), and Agile8 (an AR solution company for healthcare in Australia). In
the future, we seek to strengthen cooperation with poLight and strive for
breakthroughs in cutting-edge technology research such as near-eye display
optical engine system and resizing resolution display system," - said Allan
Liang, co-founder of LLVISION.

Further information from:

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

About LLVISION

LLVISON is the pioneer and leader in AR enterprise service, having the mission
to revolutionize the world with First Perspective Interactions. Focus is to
provide advance AI+AR services to enterprise customers, making the communication
between human, machine and data more intuitive. In the past few years, LLVISION
has been concentrated in delivering advanced and high-quality solutions to
industry customers, this not only helped LLVISION to gain trust and respect, but
also created many breakthroughs. For instance: China´s first surgery
broadcasting with smart glasses, China´s first enterprise remote supervising
solution, the world´s first smart glasses solution for power sectors, etc.
Currently, LLVISION´s solutions are widely used in the field of smart
manufacturing, aviation, healthcare, education, financial service and
entertainment, etc., they help enterprise users to accomplish digital
transformation with safer procedures, lower cost and upgraded services.
Recently, LLVISION has also released a new generation of smart AR glasses "Leion
Hey", which serve as AR smart assistants to help people communicate face-to-face
and solve communication problems. In 2022, it was awarded the Netexplo "Top Ten
Global Science and Technology Innovation Awards" by UNESCO. For more
information, please visit https://www.llvision.com

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

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