Observe Medical ASA: Observe Medical has received first UnoMeter™ Safeti™ Plus order from the largest UnoMeter™ market and has received repeat orders from several countries.

Oslo, February 28, 2025 - Observe Medical ("the Company" or "Observe Medical") has received order from the very important UK market that in 2021 represented more than 40 mNOK of the total UnoMeter™ sales.

The first significant deliveries of UnoMeter™ Safeti™ Plus to the distribution network started in January, with increasing levels in February, and the revenue on UnoMeter™ Safeti™ Plus is picking up accordingly.

Observe medical has received repeat orders from 9 countries and positive feedback on product performance from end-users across many markets.

Jørgen Mann, CEO of Observe Medical, commented, "Our order intake on UnoMeter™ Safeti™ Plus continues to increase and we now have UnoMeter™ Safeti™ Plus in use on patients in several market with very positive feedback on product performance. The input we receive from markets confirms that the market conditions are favorable as no other competitors have been able to replicate the product performance of UnoMeter™ Safeti™ Plus. Our distributors are now out there converting customers and bidding for tenders, and we expect that the growth in market share will continue in the coming months".

For further information, please contact:

Jørgen Mann, CEO Observe Medical
Mobile: +45 408 67 558
E-mail: jorgen.mann@observemedical.com

Johan Fagerli, CFO Observe Medical
Mobile: +47 958 12 765
E-mail: johan.fagerli@observemedical.com

About Observe Medical

Observe Medical is a Nordic medtech company that develops, markets and sells innovative medtech products for the global market. The Company is committed to improving patient welfare and patient outcomes, improving clinical data accuracy and promoting positive health economics.

The Company seeks to drive growth by leveraging its expertise in sales and commercialization of its broad portfolio of medical technology products, mainly in urine measurement and ultrasound, in combination with targeted M&A and distribution. Observe Medical is working with a network of leading distributors to provide outstanding solutions for healthcare professionals globally.

The Company is headquartered in Oslo, Norway.

Further information is available at www.observemedical.com.