Horten, 2 February 2024: poLight ASA (OSE: PLT) today announced that Action
Prowave Technology Co. Ltd. has confirmed it is using TLens® autofocus solution
in the company's two latest barcode scanners for industrial and logistic
warehouse applications, named AW300DP and AW550 respectively. A purchase order
worth approximately NOK 200,000 has been received to cover the initial mass
production demand.
"This will be the 11[th] barcode product to use our unique TLens® divided
between six companies. This market is strategically important for the company.
Although it will take time to build volumes, the potential is there, and the
lifetime of products in this market segment is significantly longer than for
typical consumer applications. We are impressed by the solution Action Prowave
has developed, and look forward to continuing to work closely with them," said
Dr Øyvind Isaksen, CEO of poLight ASA.
"TLens® characteristics, such as focusing speed, compactness, robustness, and
constant field of view, are key attributes for us when designing our solution.
Also, the fact that they have local support in China is important for us. We are
enthusiastic about the products using TLens® and have high hopes that they will
be well received in the market, and hence establish the foundation for future
products using poLightŽs technology," said Richard Yang, CEO of Action Prowave.
Further information from:
Dr Øyvind Isaksen, CEO, poLight ASA: +47 90 87 63 98
About Action Prowave Technology
Action Prowave Technology Co., Ltd., founded in 2010 in Shanghai, is a National
High-Tech Enterprise specializing in solutions for smart terminals. The
leadership, with roots in industry giants like Huawei, ZTE, and Uber, boasts
over a decade of R&D and operational expertise. As one of the pioneering
licensees of Qualcomm in China, Action Prowave Technology adeptly integrates
computer vision, artificial intelligence, and smart terminal design on Qualcomm
platforms. Their dedication is evident as shipments surpass 5 million units.
Their product lineup includes PDAs, smart POS, rugged phones, and high-precision
navigation terminals. Their client roster features household names such as
Honeywell, Lenovo, JD.com, and ZTO Express. For more information, please visit
https://www.action-prowave.com
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
Philippines. For more information, please visit https://www.polight.com