Irisity wins $0.35m contract to protect sites across Singapore.

Irisity AB (publ) is working with Cyrus Innovations Pte Ltd delivering advanced video analytics to confidential customers in Singapore, with an estimated order value of USD 0.35 million.

Due to the confidential nature of these relationships, and the security applications involved, we are unable to disclose any further details regarding customer identity or the specific projects.

For further information:

Andreas Höye, Irisity IR

Phone: +46 769 01 34 51

E-mail: andreas.hoye@irisity.com

About Irisity

Irisity is a leading provider of AI-powered video analytics solutions. We develop deep learning-based algorithms upgrading security cameras into intelligent detection devices, while safeguarding personal integrity.

Irisity’s patented solution IRIS™ can be integrated into any new or existing camera infrastructure, installed directly into the camera, on server or in the cloud, to safeguarding people and assets. IRIS™ detects a wide range of unwanted behaviors and events including, intrusions, flames, violence, falls, loitering, unattended objects, wrong directional movement, breaches of social distancing regulations, as well as unusual situations. IRIS™ product portfolio includes solutions on asset protection, traffic management, and forensic search capabilities for a broad spectrum of industries such as safe cities, education, transportation, infrastructure, and the security industry. All IRIS™ functionality is available with our patented real-time anonymization, ensuring GDPR and US NDA act compliance and ethical safeguarding.

Irisity currently serve customers in more than 90 countries and has offices in Sweden, USA, Singapore, UAE and Israel, and operates through a network of resellers, partners, security companies, and camera manufacturers globally.

The Irisity AB (publ) share is listed on Nasdaq First North Growth Market, with the ticker IRIS

Certified Adviser: Erik Penser Bank AB • +46 8 463 83 00 •  certifiedadviser@penser.se