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Bioservo Technologies AB (publ): GOBIO places orders for 100 Ironhand[®] systems (Updated)

EUROPE TECHNOLOGIES' GOBIO has signed an agreement for purchasing 100 Ironhand[®] systems at an order value of MSEK 4.2 over a period of ten months. The order will secure the delivery of Ironhand[®] systems to meet the high demand in the French market.

[Ironhand Soft Active Exoskeleton]

Bioservo and GOBIO have worked closely together since 2019 and have concluded many successful projects leading to an increasing demand from several industry segments. GOBIO is now able to commit on much larger quantities and putting in place an agreed delivery schedule will allow Bioservo to secure a more stable production level.

"The first tests initiated through purchasing or long-term rental, at the sites of our biggest customers in the shipbuilding, railway and construction sectors have been convincing. Following this first phase of testing and the integration process developed by GOBIO, many companies are now planning to move on to a deployment phase; ALSTOM, ARIANE, EIFFAGE, LOUIS VUITTON Etc. 

The integration process includes the analysis of the workstation up to the evaluation and adoption of the equipment by the operators at production sites", says Benoit Sagot-Duvauroux, Responsible for Exoskeletons at GOBIO. and continues "To meet this high potential demand, EUROPE TECHNOLOGIES' GOBIO is committed to purchasing 100 Ironhand[®] kits and additional gloves from BIOSERVO over a period of 10 months.

During the initial phase, the GOBIO team was very well supported by the Bioservo team as well as by our partners and distributors, including DESCOURS ET CABAUD."

"We are receiving many requests for Ironhand® from all over Europe, not only from France where GOBIO has done a great work in showing how strain injuries can be reduced, but also from other countries where our distributors are pursuing business opportunities for Ironhand[®]", says Petter Bäckgren, CEO Bioservo.

 

For more information, please contact
Petter Bäckgren, CEO of Bioservo Technologies AB
Phone: +46 (0)8 21 17 10
petter.backgren@bioservo.com

Mikael Wester, Marketing Director of Bioservo Technologies AB
Phone: +46 (0)8 21 17 10
mikael.wester@bioservo.com

Benoit Sagot-Duvauroux, Responsible for Exoskeletons at GOBIO.
Phone: +33 (0) 687 764 949
b.sagot-duvauroux@europetechnologies.com

The information in this press release is such that Bioservo Technologies AB (publ) is obliged to publish in accordance with EU Regulation on Market Abuse (MAR). The information was submitted for publication through the agency of above contact persons for publication on 21 April 2021 at [12:00] a.m. CEST.

About Bioservo Technologies
Bioservo Technologies AB (publ) is a world leading company in wearable muscle strengthening systems for people in need of extra strength and endurance. All our innovative products and systems are designed to keep people strong, healthy and efficient.

The company has a unique global position within soft exoskeleton technology for the hand, both for industrial applications to improve the health for workers and to improve quality of life for people with reduced muscle strength.

Bioservo Technologies was founded in 2006 in collaboration between researchers at the Royal Institute of Technology and a doctor at Karolinska University Hospital. Bioservo Technologies is a Swedish public limited company with headquarters in Stockholm.

FNCA Sweden AB, +46(0)8-52800399, info@fnca.seis the company's Certified Adviser on Nasdaq First North Growth Market.

For more information, please visit www.bioservo.com

About EUROPE TECHNOLOGIES' GOBIO

GOBIO, EUROPE TECHNOLOGIES' brand, located in Nantes (France), provides solutions to support operators through an integration process. GOBIO analyses, selects and supports their clients to improve the working conditions of their employees by providing solutions to reduce musculoskeletal disorders regarding two axis: the improvement of the workstation ergonomics and systems to support operators. GOBIO provides a range of exoskeletons and ergoskeletons : sit-stand posture, arms up, neck support, lumbar support, grip strengthening bionic glove.

These solutions are aimed at the manufacturing, mechanical, food processing, transport, infrastructure, public works and logistics sectors. GOBIO has a distribution network and partners throughout France.

Find more about our systems and integration process on www.gobio-robot.com.

Source: Cision
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