Horten, 2 February 2024: poLight ASA (OSE: PLT) today announced that Action Prowave Technology Co. Ltd. has confirmed it is using TLens® autofocus solution in the company's two latest barcode scanners for industrial and logistic warehouse applications, named AW300DP and AW550 respectively. A purchase order worth approximately NOK 200,000 has been received to cover the initial mass production demand.

"This will be the 11th barcode product to use our unique TLens® divided between six companies. This market is strategically important for the company. Although it will take time to build volumes, the potential is there, and the lifetime of products in this market segment is significantly longer than for typical consumer applications. We are impressed by the solution Action Prowave has developed, and look forward to continuing to work closely with them," said Dr Øyvind Isaksen, CEO of poLight ASA.

"TLens® characteristics, such as focusing speed, compactness, robustness, and constant field of view, are key attributes for us when designing our solution. Also, the fact that they have local support in China is important for us. We are enthusiastic about the products using TLens® and have high hopes that they will be well received in the market, and hence establish the foundation for future products using poLight's technology," said Richard Yang, CEO of Action Prowave.

Further information from:

Dr Øyvind Isaksen, CEO, poLight ASA: +47 90 87 63 98
 

About Action Prowave Technology

Action Prowave Technology Co., Ltd., founded in 2010 in Shanghai, is a National High-Tech Enterprise specializing in solutions for smart terminals. The leadership, with roots in industry giants like Huawei, ZTE, and Uber, boasts over a decade of R&D and operational expertise. As one of the pioneering licensees of Qualcomm in China, Action Prowave Technology adeptly integrates computer vision, artificial intelligence, and smart terminal design on Qualcomm platforms. Their dedication is evident as shipments surpass 5 million units. Their product lineup includes PDAs, smart POS, rugged phones, and high-precision navigation terminals. Their client roster features household names such as Honeywell, Lenovo, JD.com, and ZTO Express. For more information, please visit https://www.action-prowave.com

About poLight ASA

poLight ASA (OSE: PLT) offers a patented, proprietary tunable optics technology, starting with its first product, TLens® which replicates "the human eye" experience in autofocus cameras used in devices such as smartphones, wearables, barcode scanners, 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 employees in Finland, France, UK, US, China, Taiwan, and Philippines. For more information, please visit https://www.polight.com

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