Observe Medical has traction on the historically largest market in Asia - first UnoMeterT SafetiT Plus order from Thailand

03 Dec 2024 12:32 CET

Oslo, November 25[th], 2024 - Observe Medicals ("the Company" or "Observe
Medical") distributor in Thailand has placed their first orders on UnoMeterT
SafetiT Plus which adds this product to the portfolio of already well
established UnoMeterT products and sales in this market.

Historically Thailand has been a top 10 country in the global sales of
UnoMetersT with a 2021 net sales level of 8 mill. NOK. The distributor has
already successfully sold UnoMeterT 500 during 2024 and with the launch of
UnoMeterT SafetiT Plus further positive development in the market share is
expected.

Jørgen Mann, CEO of Observe Medical, commented, "Another of our dedicated
distributors have now placed an order on UnoMeterT SafetiT Plus which brings us
to a situation where we have orders from distributors covering 15 countries.
Having achieved this only a few weeks after market launch is a very good start
of our journey to take back the 220 mill. NOK annual sales revenue that the
UnoMeters generated in 2021".

For further information, please contact:

Jørgen Mann, CEO Observe Medical
Mobile: +45 408 67 558
E-mail: jorgen.mann@observemedical.com

Johan Fagerli, CFO Observe Medical
Mobile: +47 958 12 765
E-mail: johan.fagerli@observemedical.com

About Observe Medical

Observe Medical is a Nordic medtech company that develops, markets and sells
innovative medtech products for the global market. The Company is committed to
improving patient welfare and patient outcomes, improving clinical data accuracy
and promoting positive health economics.

The Company seeks to drive growth by leveraging its expertise in sales and
commercialization of its broad portfolio of medical technology products, mainly
in urine measurement and ultrasound, in combination with targeted M&A and
distribution. Observe Medical is working with a network of leading distributors
to provide outstanding solutions for healthcare professionals globally.

The Company is headquartered in Oslo, Norway.

Further information is available at www.observemedical.com.

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