poLight ASA – poLight received follow-on purchase order for a barcode product

Horten, 7 August 2024 – poLight ASA (OSE: PLT) today announced that the company has received a purchase order for TLens of approximately NOK 950,000. The purchase order is related to the barcode customer announced on the 5th of March 2020.

“As mentioned in the last quarterly report, the pipeline for barcode customer is developing positively, and both old and new customers are represented. This purchase order is related to our first barcode customer who released a scan engine product for barcode readers back in 2020, which shows the lifetime potential of this type of products “, said Dr. Øyvind Isaksen, the CEO of poLight.  

The order is expected to be delivered within Q3-24. 

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 Horten, Norway, with employees in Finland, France, UK, US, China, Taiwan, the Philippines and Japan. For more information, please visit https://www.polight.com.