Horten, 12 November 2019 - poLight ASA (OSE: PLT) today announced it has
received a forth purchase order from an undisclosed OEM. The order comprises
44,450 units of TLens Silver and 42,000 units of ASIC drivers related to the
same wearable product as previously announced. The ordered material is for
commercial use for the planned market release of a wearable device.
"This repeat order is a clear sign that the customer intends to use TLens for
their next product", said Øyvind Isaksen, the CEO of poLight
All orders received are expected to be shipped within end this year. In total,
the four orders amount to approximately 124,000 TLens and 120,000 drivers.
The planned commercial launch remains subject to potential changes for various
technical and market related reasons.
Further information from:
Øyvind Isaksen, CEO, poLight ASA: +47 90 87 63 98
About poLight ASA
poLight offers a new autofocus lens which "replicates" the human eye for use
in devices such as smartphones, wearables, barcode, 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 offices in Finland, France and
China and representation in Taiwan and Korea. For more information, please
visit https://www.polight.com