JonDeTech Enters Distribution Agreement with Shanghai High-Tech

JonDeTech Sensors AB (publ) ("JonDeTech" or "the Company") announces today that it has entered into a strategic distribution agreement with the Chinese module house Shanghai High-Tech Business Consulting Limited ("Shanghai High-Tech"). The agreement initially runs for three years with an option for extension. Additionally, the agreement grants Shanghai High-Tech the right to distribute JonDeTech's full product portfolio of sensors for measuring heat flows, temperature, and presence detection. The partnership is an important part of JonDeTech's expansion strategy in the Asian market.

"We are very pleased to have reached an agreement with Shanghai High-Tech as a distributor for JonDeTech. Shanghai High-Tech has an extensive distribution network which enables us to reach large international product manufacturers more quickly. Our sensors are thin, flexible, and cost-effective, making them ideal for integration into a variety of products. We see a growing demand for our sensors in consumer electronics for the home, wearable technology like smartwatches and phones, and smart home devices," says JonDeTech's CEO Leif Borg.

For more information, please contact:

Leif Borg, CEO, tel: +46 73 810 93 10, [email protected]

About JonDeTech

JonDeTech is a supplier of sensor technology. The company markets a portfolio of IR sensor elements based on proprietary nanotechnology and silicon MEMS. The nanoelements are extremely thin, built-in flexible plastic, and can be manufactured in high volumes at a low cost, which opens up for a variety of applications, such as temperature and heat flow measurements, presence detection, and gas detection. The company is listed on Nasdaq First North Growth Market.

Mangold Fondkommission AB is the company's Certified Adviser.

Read more at www.jondetech.se or see how the IR sensor works at www.youtube.com/watch?v=2vEc3dRsDq8