Oslo, 6 March, 2025 - Observe Medical ("the Company" or "Observe Medical") has received a significant repeat order from the very important Italian market that in 2021 represented almost 20 mNOK of the total UnoMeter™ annual sales.

After testing UnoMeter™ Safeti™ Plus at key customers in the Italian market and subsequently received very positive feedback on the performance and quality of the product, the first significant order has been received from the Italian distributor.

In parallel with the new UnoMeter™ Safeti™ Plus sales there are already significant sales of UnoMeter™ 500 in the Italian market.

Jørgen Mann, CEO of Observe Medical, commented, "Italy is a very important market for Observe Medical due to its size and the historic strong position on the UnoMeter™ portfolio. It is great to experience positive customer feedback on the quality of UnoMeter™ Safeti™ Plus from an additional market and see that the customer acceptance means that the first trial orders are now converting into orders with significant volumes. We have many more significant markets where trials are ongoing and expect to be able to continue to transfer such trials to a solid order intake going forward".

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.