Oslo, August 22, 2024 - Observe Medical ("the Company" or "Observe Medical") has
received its first order of UnoMeter 500 products from a distributor in South
America. This initial order represents a significant step towards expanding our
footprint in a region that holds historical importance for the UnoMeter product
line.

This marks a significant milestone as we now have established sales networks
across Europe, the Middle East, Asia, and South America, closely mirroring the
extensive geographic reach previously achieved by Convatec.

Jørgen Mann, CEO of Observe Medical, commented, "The introduction of UnoMeter
500 products into the South American market not only strengthens our global
presence but also aligns with our strategic goals of expanding our market reach.
We look forward to deepening our ties with our local partners and building upon
this initial success."

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.