AcquiFlow Selects Heliospectra Intelligent LED Lighting Solutions for Canadian Licensed Producer to Scale Cannabis Cultivation Facilities

STOCKHOLM, March 8, 2018 /PRNewswire/ -- Heliospectra AB (publ) (OTCQB: HLSPY, FIRSTNORTH: HELIO), a world leader in intelligent lighting technology for greenhouses and controlled farming environments, announces a new order from a licensed producer of cannabis in Ontario, Canada. Heliospectra's value-added reseller AcquiFlow secured the market-leading lighting solutions for the business leader in Canada's evolving cannabis landscape. The order value is 524 307 SEK (USD $63,547).

The Canadian cultivation team partnered with AcquiFlow, a prominent systems integrator headquartered in McKinney, Texas, to evaluate and select the Heliospectra adjustable, full spectrum LX50 series LED grow lights.

"As demand continues to grow in the Canadian market, licensed producers and cannabis cultivation experts understand that production of highest-quality crops is of utmost importance as facilities scale," said Ali Ahmadian, CEO of Heliospectra. "Forward-thinking industry leaders recognize the positive impact that data-driven decisions, full spectrum LED lights and dynamic, real-time light controls will have on operations and business performance."

Heliospectra's high voltage LX50 LED grow lights and HelioCORE™ software controls create clear business advantages for cannabis cultivation teams. The adjustable full spectrum LED technology enables growers to accelerate harvest and production cycles while delivering consistent yields.

The order will be shipped and visible in accounts in first quarter 2018.

CONTACT:

Investor Relations:

Ali Ahmadian, CEO of Heliospectra | +46 (0)72 203 6344 | ir@heliospectra.com

Redeye is Heliospectra Certified Advisor for Nasdaq First North -www.redeye.se

http://www.heliospectra.com

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SOURCE Heliospectra