poLight ASA Receives Purchase Order from a Top Tier U.S. Consumer Electronics OEM to support the Design of a TLens® Camera for AR Applications

13 Oct 2025 17:23 CEST

TØNSBERG, Norway -- October 13, 2025 -- poLight ASA
(https://www.polight.com/home/default.aspx) (OSE: PLT) today announced it has
received a purchase order to support a top tier U.S. consumer electronics OEM
in designing a TLens®- based camera for AR applications. The purchase order,
valued at approximately NOK 5m, involves efforts to design, build and execute
aspects of TLens®-enabled future cameras that could be used in several AR
head-worn devices. The TLens® Add-In lens and camera module samples are
scheduled for delivery in Q1 2026.

"We're extremely excited to be a part of this AR camera design effort with a
leading OEM," said Dr. Øyvind Isaksen, CEO of poLight. "Their confidence in
our TLens® integration expertise coupled with the exceptional TLens®
performance, marks another milestone demonstrating opportunities in this
strategic market."

For further information, please contact:
Dr Øyvind Isaksen, CEO, poLight ASA: +47 90 87 63 98

About poLight ASA
poLight ASA (listed on the Oslo Stock Exchange: 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 Tønsberg, Norway, with employees
in Finland, France, UK, US, China, Taiwan, Japan, and the Philippines. For
more information, please visit https://www.polight.com
(https://www.polight.com/)

This information has been submitted pursuant to the Securities Trading Act §
5-12 and MAR Article 17. The information was submitted for publication at
2025-10-13 17:23 CEST.

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