poLight ASA – poLight TLens confirmed to be used in a machine vision product

Horten, 18th May 2021 - poLight ASA (OSE: PLT) today announced that the company has received a confirmed design-win for a machine vision product. Following the design-win confirmation the customer placed the first order for TLens and driver worth NOK 560.000.

“This gives us a new reference in the industrial market which over time will contribute to forming a strong fundament in the company. Annualy this product will represent a low volume, but it is expected to have several years lifetime. Another contributor to the long-term success of poLight“, said Dr. Øyvind Isaksen, the CEO of poLight.  

The order is expected to be delivered within end of June-2021.

Further information from:

Dr. 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