Global Fortune 500 AgTech Leader Selects Heliospectra Intelligent LED Lighting

GOTHENBURG, Sweden and SAN FRANCISCO, Nov. 2, 2018 /PRNewswire/ --

Heliospectra AB (publ) (OTCQB: HLSPY, FIRSTNORTH: HELIO), a world leader in intelligent lighting technology for greenhouses and controlled plant growth environments, announces a new order from a global Fortune 500 AgTech company. The company is a long-term customer of Heliospectra. The year-end order is for Heliospectra's EOS series lamps and the order value is SEK 1.2 million ($134,850 USD).

The ability to achieve superior crop quality across the growth cycle is critical to plant scientists' success and will continue to drive the adoption of LED technologies worldwide.

"As AgTech companies around the world make large investments in lighting solutions and other resources, consistent performance is of the utmost importance when conducting different crop trials and research applications. We are proud of the quality of our products and that our solution provides such high level of reliability to our AgTech customers", said Ali Ahmadian, CEO, Heliospectra.

Heliospectra's EOS series creates clear business benefits for cultivation teams and researchers around the world. The optimized light spectrum enables growers to improve the quality of plants and accelerate harvest and production cycles while providing consistent and standardized returns 365 days a year. 

This order will be visible on accounts and delivered in Q4 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