We preserve freshness and reduce waste

Earlier today, November 28, 2019, a press release was incorrectly published. In the enclosed pdf document we referred to the Market Abuse Regulation (MAR). The information in the press release is regulatory but not of a MAR nature. The full press release, including the corrected pdf document without reference to MAR, can be found below. The following summary refers to the period 1/1/2019 – 30/9/2019, compared to 1/1/2018 – 30/9/2018 · Net sales for this period totaled to SEK 3,134,257(SEK 923,049) · Operating result for the period of SEK -5,843,022 (SEK -5,200,335) · Cash and bank balance SEK 17,107,410 (SEK 9,921,882) · Capitalized development costs of SEK 1,300,758 (SEK 1,218,977) · Average number of registered shares 10,016,035 (9,877,264 shares) · Result per share* SEK -0.58 (SEK -0.53) · Equity Ratio 93.64% (88.09%) *Result per share is calculated on the average number of registered shares during the period.

The following summary refers to the period 1/1/2019 – 30/9/2019,  compared to 1/1/2018 – 30/9/2018 · Net sales for this period totaled to SEK 3,134,257(SEK 923,049) · Operating result for the period of SEK -5,843,022 (SEK -5,200,335) · Cash and bank balance SEK 17,107,410 (SEK 9,921,882) · Capitalized development costs of SEK 1,300,758 (SEK 1,218,977) · Average number of registered shares 10,016,035 (9,877,264 shares) · Result per share* SEK -0.58 (SEK -0.53) · Equity Ratio 93.64% (88.09%) *Result per share is calculated on the average number of registered shares during the period.

The MAR text below fell out: OptiFreeze is taking an important step towards industrial breakthrough with our partner Syngenta, after successful tests with the OptiFreeze technology. As a result of the successful tests the companies have decided to increase the intensity in the common R&D work. OptiFreeze is by that coming closer to an industrial phase in the global market for cuttings.