BoMill receives order worth EUR 260,000 from Baltijos Javai for a capacity upgrade of BoMill InSight

BoMill AB has received a follow-up order worth EUR 260,000 from Baltijos Javai. The order covers the supply of six additional sorting units for the BoMill InSight™ purchased last year.

Based in Kaunas, Lithuania, UAB "Baltijos Javai" provides processing and trading capabilities as well as consultancy services to the barley value chain. In September last year, the company ordered BoMill InSight™ with two sorting units for a value of EUR 270,000 (Press release - September 13, 2023) to further secure the quality and optimize supply of malting barley in the region. In partnership with Viking Malt, one of the top 10 largest malt producers in the world, the equipment is installed at the malt house site in Panevėžys, Lithuania.

Following few months of use, Baltijos Javai has decided to purchase six additional sorting units for a total value of EUR 260,000 to upgrade the existing installation and reach the maximum 15 tons per hour sorting capacity offered by BoMill InSight™. Thanks to the modular design of the BoMill solution, these six sorting units will be easily added on the frame already equipped with two units, from the previous order. The delivery of the additional units is scheduled for Q2 2024.

“We are excited about this agreement which is another milestone for BoMill InSight™. This capacity upgrade is a repeat order confirming our customer recognizes the reliable performance and strong return on investment of our technology. We look forward to further supporting Baltijos Javai and Viking Malt in their development” stated Andreas Jeppsson, CEO of BoMill AB.

This press release contains inside information that BoMill AB (publ) is required to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication on March 01, 2024, at 16:30 CET.

For additional information about BoMill, visit www.bomill.com or contact:

Andreas Jeppsson, CEO | Phone: +46 (0)727 00 11 82 | E-mail: andreas.jeppsson@bomill.com

BoMill has developed and markets a patented technology for sorting grain on a commercial scale, based on the internal qualities of each kernel. The method is the only one of its kind on the market today and is estimated to have the potential to become a Golden Standard within the industry.

The company is listed on Nasdaq Stockholm First North Growth Market under the ticker: BOMILL.

Certified Adviser: Svensk Kapitalmarknadsgranskning AB - www.skmg.se

For more information about BoMill, please visit www.bomill.com.