Stockholm, August 28th, 2023 - ContextVision, the world's leading Image enhancement provider is pleased to announce the appointment of Richard Hallström as a Chief Financial Officer (CFO), effective today 28th of August. He succeeds Markus Hökerberg, who has acted as an Interim CFO.

Mr. Hallström previously served as CFO at ScandiNova Systems and prior to his time at ScandiNova Systems, he held several leadership roles as CFO, Finance Director and Finance Manager at Global Stoneridge Electronics and Tyco Healthcare Norden AB. He received a bachelor's degree in business administration from the Mid Sweden University (Mittuniversitetet).

Gerald Pötzsch, the Company's Chief Executive Officer, commented, "We are delighted to have Richard join the ContextVision team, and we greatly appreciate his wealth of experience in the MedTech sector, which he has acquired through his roles with both OEMs and OEM suppliers". His track record in growing publicly listed Small Caps in the Nordics is very exciting and in line with our growth plans for the future".

"I am thrilled and energized to be taking on the role as CFO for a company providing cutting-edge healthcare technology using Artificial Intelligence and Deep Learning with the higher purpose of saving lives for patients. I am looking forward to developing financial strategies and promoting a business mindset throughout the organization, driving increased value for our shareholders", said Mr. Hallström.

"We are excited to extend a warm welcome to Richard as he joins our team today, and we eagerly anticipate collaborating with him in the years ahead."

For further information, please contact ContextVision's CEO, Gerald Pötzsch, at Gerald.Potzsch@contextvision.com,or visit www.contextvision.com

About ContextVision

ContextVision is a medical technology software company specialized in image analysis and artificial intelligence. As the global market leader within image enhancement, we are a trusted partner to leading manufacturers of ultrasound, X-ray and MRI equipment around the world.

Our expertise is to develop powerful software products, based on proprietary technology and artificial intelligence for image-based applications. Our cutting-edge technology helps clinicians accurately interpret medical images, a crucial foundation for better diagnosis and treatment.

The company, established in 1983, is based in Sweden with local representation in the U.S., Japan, China and Korea. ContextVision is listed on the Oslo Stock Exchange under the ticker CONTX.