(GOTHENBURG, Sweden/SAN FRANCISCO, CA, Feb 21, 2019 –
Heliospectra AB (publ) (OTCQB: HLSPY, FIRST NORTH: HELIO), a world leader in intelligent lighting technology for greenhouse and controlled plant growth environments, announces an order from a leading medicinal plant research facility in Spain. The research company is expanding its greenhouse production and has placed an order for Heliospectra’s fully adjustable ELIXIA LED lighting solution. The order value is SEK 2,0 million (€ 189,000).
The research facility is expanding their greenhouse cultivation facilities and will be using Heliospectra’s ELIXIA solution to grow and research medicinal plants.
“It is exciting to see growers and leading research institutes realize the value of our controllable spectrum lights, and the value in producing highest quality crops, increase revenue and save operating costs. With ELIXIA, growers and researchers are able to automate and gain control over every single parameter of their lighting. This has a huge impact on growers' revenue cycles and the accuracy of commercial research trials,“ said Ali Ahmadian, CEO Heliospectra AB.
Heliospectra's ELIXIA creates clear business benefits for cultivation teams and researchers around the world. The fully adjustable LED lighting solution is compatible with Heliospectra's helioCORE™ light control system. helioCORE offers advanced controls and automation enabling growers to improve the quality of plants and accelerate harvest and production cycles while providing consistent and standardized returns 365 days a year.
Delivery will take place and be visible in the accounts during the first and second quarter of 2019.
Ali Ahmadian, CEO of Heliospectra | +46 (0)72 203 6344 | [email protected]
Heliospectra AB (publ) (OTCQB: HLS, FIRST NORTH: HELIO) is the global leader in intelligent lighting technology, light control systems and related services for greenhouse and controlled plant growth environments. With the vision to make commercial crop production more connected and resource-efficient, Heliospectra integrates customized LED spectral strategies with real-time response and artificial intelligence to create predictable and reliable business forecasts and harvest results. Founded in 2006, Heliospectra is committed to helping growers and commercial producers across six continents consistently increase yields and produce crops with quality appearance, superior nutritional or medicinal value and longer shelf life, harvest after harvest. Heliospectra is the recipient of multiple international awards and recognitions. For more information, please visit https://www.heliospectra.com.
The statements in this press release constitute forward-looking statements within the meaning of federal securities laws. Such statements are based on our current beliefs and expectations and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are beyond our control. In addition, such forward-looking statements are subject to assumptions with respect to future business strategies and decisions that are subject to change. Potential risks and uncertainties include, but are not limited to, technical advances in the industry as well as political and economic conditions present within the industry. We do not take any obligation to update any forward-looking statement to reflect events or developments after a forward-looking statement was made.
This information is information that Heliospectra AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 15:00 CEST / 9:0 AM CDT on Febrruary 21 st 2019.