SoftOx Solutions AS: Secures production at a competitive price

SoftOx Solutions AS (SoftOx) has entered into an agreement to purchase 50
percent of the shares in Ose Water AS (Ose). According to the agreement, SoftOx
will also move all production of disinfection products to Ose and thereby secure
reliable production and delivery both nationally and internationally. The
agreement ensures production volume at a competitive price with high quality in
the years to come.

"This is an important strategic collaboration for us and forms the basis for
growth and competitive production in the years to come. Partnering with a
competent environment within production and bottling further professionalizes
the company," says CEO Geir Almås of SoftOx.

SoftOx experiences increased demand for the company's disinfection products,
which increases the need for safe and high-quality production.

"Having Ose on the team enables us to comply with the expected demand from
Norwegian hospitals, and at the same time the expected increased demand both
nationally and also internationally. In addition to the award in a national
tender, the company has entered into agreements with a large Norwegian financial
group and a Norwegian airline. We hope this is just the beginning, as we now
expect other Norwegian customers to demand this product as well as major players
are choosing our solution," says Almås.

For further information, please contact: 
CEO Geir Almås of SoftOx Solutions AS, or
CFO Kristine Rød of SoftOx Solutions AS
Mail: [e-mail] 
Mobile: [phone] 

About SoftOx Solutions AS 
SoftOx Solutions AS (Softx, listed on Euronext Growth Oslo) is a Norwegian
BioTech company based in Oslo with the aim of helping to combat major threats to
human health, namely the emergence of antimicrobial resistance (AMR), biofilm
infections in chronic wounds and the spread of viruses. For more information on
SoftOx, visit www.soft-ox.com

About Ose Water AS
Ose Water AS is a Norwegian natural mineral water producer located in Bygland.
Ose Water is bottled directly from the pure and natural mineral water source
Osekilden at Ose in Setesdal. The factory has a large capacity and several
production lines optimized for different products. For more information about
Ose Water, please visit www.osewater.com

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© Oslo Bors ASA, source Oslo Stock Exchange