poLight ASA - purchase order received related to Mini2p application

07 Dec 2023 21:15 CET

Horten, 08 December poLight ASA (OSE: PLT) today announced that the company has
received a purchase order for stacked TLenses from a commercial company planning
to supply Mini2p solution worth in excess of NOK 2.500.000. Mini2P is an open
-source miniature 2-photon microscope brain explorer for fast high-resolution
calcium imaging in freely-moving mice developed by Kavli Institute for Systems
Neuroscience at Norwegian University of Science and Technology (NTNU).

"After the Kavli Institute first started using TLens in Mini2P many research
groups around the world are doing the same. TLens has been instrumental to
achieve the performance of Mini2p system. The speed and temperature stability of
TLens is much better than any other tunable lens on the market, implying we can
enable results not possible with any other technologies. We have mainly seen
this activity as important brand building for us, but now we see commercial
players preparing to supply such solutions and hence this activity is starting
to be an important financial contributor. ", said Dr. Øyvind Isaksen, CEO of
poLight ASA.

Deliveries will start before the end of the year, and be completed during
Q3/2024.

Further information from:

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

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

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