Serstech receives order of 5.5 MSEK from US partner Safeware

Serstech today received an order of 5.5 MSEK from its partner Safeware in the USA. The order contains Serstech Arx, the patented SERS kit and Serstech ChemDash software. The order will be delivered to Colorado State Patrol and invoiced in the first quarter of 2024.

“Colorado State Patrol is a distinguished law enforcement organization that sets the standard for local law enforcement in the state. We are honored by their trust in Serstech, and we look forward to supporting them in their important work against narcotics”, says Serstech CEO Stefan Sandor.

For further information, please contact:

Stefan Sandor,

CEO, Serstech AB Phone: +46 739 606 067

Email: ss@serstech.com

or

Thomas Pileby,

Chairman of the Board, Serstech AB Phone: +46 702 072 643

Email: tp@serstech.com

or visit: www.serstech.com

This is information that Serstech AB (publ.) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above at 09:20 CET on January 3, 2024.

Certified advisor to Serstech is Svensk Kapitalmarknadsgranskning AB (SKMG).

About Serstech

Serstech delivers solutions for chemical identification and has customers around the world, mainly in the safety and security industry. Typical customers are customs, police authorities, security organizations and first responders. The solutions and technology are however not limited to security applications and potentially any industry using chemicals of some kind could be addressed by Serstech’s solution. Serstech’s head office is in Sweden and all production is done in Sweden.

Serstech is traded at Nasdaq First North Growth Market and more information about the company can be found at www.serstech.com