Observe Medical – First order from South America

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Oslo, August 22, 2024 - Observe Medical ("the Company" or "Observe Medical") has received its first order of UnoMeter 500 products from a distributor in South America. This initial order represents a significant step towards expanding our footprint in a region that holds historical importance for the UnoMeter product line.

This marks a significant milestone as we now have established sales networks across Europe, the Middle East, Asia, and South America, closely mirroring the extensive geographic reach previously achieved by Convatec.

Jørgen Mann, CEO of Observe Medical, commented, "The introduction of UnoMeter 500 products into the South American market not only strengthens our global presence but also aligns with our strategic goals of expanding our market reach. We look forward to deepening our ties with our local partners and building upon this initial success."

For further information, please contact:

Jørgen Mann, CEO Observe Medical
Mobile: +45 408 67 558
E-mail: jorgen.mann@observemedical.com

Johan Fagerli, CFO Observe Medical
Mobile: +47 958 12 765
E-mail:
johan.fagerli@observemedical.com

About Observe Medical

Observe Medical is a Nordic medtech company that develops, markets and sells innovative medtech products for the global market. The Company is committed to improving patient welfare and patient outcomes, improving clinical data accuracy and promoting positive health economics.

The Company seeks to drive growth by leveraging its expertise in sales and commercialization of its broad portfolio of medical technology products, mainly in urine measurement and ultrasound, in combination with targeted M&A and distribution. Observe Medical is working with a network of leading distributors to provide outstanding solutions for healthcare professionals globally.

The Company is headquartered in Oslo, Norway.

Further information is available at www.observemedical.com.