Terranet AB (publ) announced that the Company is performing prototype tests in a lab environment in accordance with the previously communicated timetable. The purpose of the lab tests is to verify updated conceptual solutions of prototype, which is a preparatory step for the upcoming prototype demo in cars during the second quarter this year. Initially, the tests have delivered positive data, which means that the conditions for a successful prototype demo in a car during the second quarter have been further strengthened.

The lab tests continue in order to refine relevant measurements in areas such as object identification, object classification and reaction time. The company intends to report back with an outcome after the first quarter's prototype tests.