Kista, Sweden, 30 January 2018
NOTE has entered an agreement with CellMark AB for the manufacture of a new medtech product. Estimated sales value of some SEK 25 million in 2018. The scheduled production start is in the first quarter.
The product, My+CareTM, is a wristband that uses AI (artificial intelligence) to analyse and monitor user health. By capturing data, risks can be predicted, relatives and carers informed, thus preventing many injuries and accidents.
â€śOur medtech initiative remains successful. This is a great example of a complete solution, where, by bringing competence early in the process, we can support the customer so their product comes to market faster,â€ť commented Per OvrĂ©n, NOTEâ€™s CEO and President.
â€śCellMark views NOTE as a long-term partner for developing and manufacturing medtech products, taking complete responsibility for testing, sourcing and manufacturing life-saving solutions, which fits CellMarkâ€™s business model as a global platform for medtech entrepreneurs,â€ť responded Niclas MĂ¶ttus-Olsson, President of CellMark Medical.
For more information, please contact:
Per OvrĂ©n, CEO and President of NOTE, tel. +46 (0)73 440 7727
Henrik Nygren, CFO of NOTE, tel. +46 (0)70 977 0686
Niclas MĂ¶ttus-Olsson, President of CellMark Medical, tel. +46 (0)72 025 5563
NOTE is one of the leading Northern European manufacturing and logistics partners for production of electronics-based products. NOTE produces PCBAs, subassemblies and box build products. NOTEâ€™s offering covers the complete product lifecycle, from design to after-sales. NOTE has a presence in Sweden, Finland, the UK, Estonia and China. Sales over the past 12 months were SEK 1,139 million; the group has approximately 900 employees. NOTE is listed on Nasdaq Stockholm. For more information, please go to www.note.eu.
CellMark is a leader in international trade and business development across global industries. The company delivers services within sales & marketing, finance, logistics and business development. Through a network of 70 offices in 30-plus countries, CellMark brings entrepreneurs from a broad spectrum of sectors together. CellMark has 700 employees, yearly sales of USD 3 billion and a trading volume of some 6.5 million tons. For more information, please go to www.cellmark.com.
This information was submitted for publication at 8:30 a.m. CET on 30 January 2018.