JonDeTech has entered into a letter of intent regarding application development for Heat Flux

JonDeTech Sensors AB ("JonDeTech" or the "Company") has started a collaboration with Sensative AB, a leading supplier of innovative solutions for digitizing the physical world, and LifeFinder AB, a company focused on developing security solutions. With JonDeTech's proprietary JIRS30 as a base, the parties will develop an application concept in the fast-growing heat flux area.

The project includes, among other things, developing, designing, and producing a demonstrator in combination with developing the necessary algorithms to demonstrate the heat flux functionality. The project will start immediately, and the parties aim to create applications to commercialize JIRS30 in the heat flux field. The first prototype should be ready in 2024.

- We have identified an increased interest in our proprietary sensor JIRS30's unique ability to measure heat flux. We see the collaboration with Life Finder and Sensative as an important milestone to quickly reach the market with heat flux applications and build on our fabless model with existing and new collaborations, says Leif Borg, CEO JonDeTech.

- JonDeTech provides one of the world's thinnest sensors, which can be integrated into both small and large security products. This creates extraordinary opportunities to develop new products and security solutions, says Anders Schening, CEO of Life Finder.

For more information, please contact:

Leif Borg, CEO JonDeTech, tel: +46 73 810 93 10, mail: [email protected]

About JonDeTech

JonDeTech is a supplier of sensor technology. The company markets a portfolio of IR sensor elements based on proprietary nanotechnology and silicon MEMS. The nanoelements are extremely thin, built-in flexible plastic, and can be manufactured in high volumes at a low cost, which opens up for a variety of applications, such as temperature and heat flow measurements, presence detection, and gas detection. The company is listed on Nasdaq First North Growth Market. Redeye is the company's Certified Adviser. Read more at www.jondetech.se or see how the IR sensor works at www.youtube.com/watch?v=2vEc3dRsDq8.

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