Oslo, December 3, 2024 - Observe Medicals ("the Company" or "Observe Medical") distributor in Italy has placed their first orders on UnoMeter™ Safeti™ Plus.

Italy has historically been among the top 5 countries in the global sales of UnoMeters™ with a 2021 net sales level of more than 19 mill. NOK. The portfolio sold in Italy now consist of the whole UnoMeter™ family consisting of UnoMeter™ 500 UnoMeter™ Abdo-Pressure™ and UnoMeter™ Safeti™ Plus.

Jørgen Mann, CEO of Observe Medical, commented, "With the inclusion of the significant Italian market in the launch the UnoMeter™ Safeti™ Plus launch we are now actively expanding in markets that represents approximately 55% of the historic UnoMeter™ sales. First order is a trial order intended to confirm to the users that the product is the same as they have known for many years, which we are confident it will".

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.