poLight ASA awarded follow-on order from a Machine Vision/Barcode Scanner customer in China

24 Mar 2025 08:51 CET

Tønsberg, 24 March 2025 - poLight ASA (OSE: PLT) today announced that the
company has received a follow-on purchase order worth approximately 1 million
NOK from leading machine vision manufacturer Superlead, its customer in China.

"Superlead began using our tunable optics TLens® in 2022, and has now
implemented it into several recently launched products including such as ICW64E,
ICW74EPRO, ICW76PRO, X27 and X35. Before the customer used TLens® in four
products, for which two of them will be replaced by new models, implying that
Superlead will have nine products using TLens®," said Dr. Øyvind Isaksen, CEO of
poLight. "We see good progress in the machine vision/barcode scanner market and
believe it will longer term become an important contributor to poLight's
profitability. Repeat orders from such an important customer builds our
confidence."

For further information, please contact:

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

About poLight ASA

poLight ASA (OSE: PLT) offers patented, state-of-the-art tunable optics
technology, leveraging its proprietary polymer and piezo MEMS technology.
Founded in 2005, its first product TLens® replicates "the human eye" experience
in autofocus cameras used in applications such as AR/MR devices, smartphones,
wearables, webcams and other consumer devices, industrial barcode scanners and
machine vision systems, and healthcare applications. With over 160 granted
patents, poLight's technology delivers extremely fast focus, small
footprint, ultra-low power consumption, no magnetic interference, and constant
field of view, enabling better imaging system performance and new user
experiences compared to alternative technologies.  poLight is based in Tønsberg,
Norway, with employees in Finland, France, UK, US, China, Taiwan, the
Philippines and Japan. For more information, please visit
https://www.polight.com.

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