Dear shareholders, partners, and stakeholders,

We are now reviewing how we operate and focusing on what creates the most value. I am evaluating all available options together with our main shareholders to secure the company’s continued operations and to create the conditions for long-term sustainability. I am confident that our main shareholders stand behind the company and are committed to helping us find the right path forward.

At the same time, we have continued to build the business throughout the autumn. We have more concrete offers out than we’ve had in a long time, and we are seeing a clear increase in constructive customer discussions. Interest in energy efficiency is growing, and our position within compressed air optimization is stronger than ever. That is the foundation we now stand on.

As you know, we have also worked intensively on the acquisition discussions with Pure Positioning. That process ultimately did not reach completion, which is of course disappointing, but it was a joint decision between both parties. I am still convinced that we made the right choice in prioritizing transparency and long-term stability.

We have something valuable – technology that works, customers who recognize its benefits, and a market that is now beginning to seriously address its energy losses. This is not optimism; it is fact. But we must act based on reality, not expectations. That is exactly what my team and I are now focused on.

The responsibility rests with me, and with those who continue to believe in the company’s idea.
Thank you to all of you who continue to engage, ask questions, and show that you care. I promise that we will remain open about both our challenges and our progress.

With kind regards,
Fredrik Arrigucci