TEKNA HOLDING ASA: Tekna secures three more plasma systems orders

20 Apr 2023 14:24 CEST

20.4.2023 14:24:19 CEST | Tekna Holding ASA | Non-regulatory press releases

ARENDAL, NO / SHERBROOKE, QC. 20 April 2023 - Tekna (OSE: TEKNA), the
world-leading provider of advanced materials and plasma systems to industry, has
received orders for another three plasma systems. The total value of the orders
is CAD 2.6 million.

The orders, consisting of two compact TekSphero-15 and one TekSphero-40, are
laboratory size plasma system units designed for research and development
applications. The customers where the plasma systems will be delivered are in
Europe, Latin America, and Asia respectively.

Luc Dionne, CEO of Tekna, commented: "With these three orders, five in total in
2023, the encouraging trend that we have observed after the Covid-19 pandemic
continues, with increased activity among our existing and prospective customers
and a strong pipeline of projects and demand for our advanced plasma systems.
They also demonstrate the versatility of our technology and its many uses across
a wide range of industries, which are now increasingly relying on advanced
materials to produce novel and better performing products."

Tekna plasma systems are available in multiple configurations and are designed
to provide customers with state-of-the-art advanced materials research
capabilities. These systems serve a variety of industries and academic research,
including, for these new orders, medical implants and refractory materials.

At the end of 2022, Tekna's Systems business had an order backlog of nearly CAD
11 million. The company will report its Q1 2023 financials on 4 May 2023.

DISCLOSURE REGULATION

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

CONTACTS

* Arina van Oost, Investor Relations | VP Corporate Strategic Development &
Innovation, Tekna, +1 438 885 6330, Investors@tekna.com

ABOUT TEKNA HOLDING ASA

Tekna is a world-leading provider of advanced materials, headquartered in
Sherbrooke, Canada. Tekna produces high-purity metal powders for applications
such as 3D printing serving the aerospace, medical, automotive industries, as
well as optimized induction plasma systems for industrial research and
production. With its unique, IP-protected plasma technology, the company is well
positioned in the growing market for advanced nanomaterials within the
electronics and batteries industries. Building on 30 years of delivering
excellence, Tekna is a global player recognized for its quality products and its
commitment to its multinational base of over 200 blue-chip customers.

For more information, please visit our website - https://www.tekna.com



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