JonDeTech Sensors

The Board of Directors of JonDeTech has today resolved on a directed share issue to the Investor (the "Directed Share Issue"). The reason for the deviation from the shareholders' preferential rights is to fulfill the terms under the Financing Agreement. The background to the resolution is that the Investor has requested subscription of shares in the Company of an amount exceeding the value of shares lent in connection with the Financing Agreement. According to the Financing Agreement, the Company shall therefore resolve to issue shares at a value corresponding to the amount requested by the Investor for subscription.

The investor has called for subscription of shares corresponding to a total value of SEK 600,000. The subscription price for the Directed Share Issue amounts to SEK 0.10 has been calculated in accordance with the terms and conditions of the Financing Agreement, which corresponds to ninety-five per cent (95%) of the average of the second (2nd) and third (3rd) lowest daily volume weighted average price during ten (10) trading days ("VWAP period") prior to the respective request for subscription of shares, according to Nasdaq First North Growth Market's price list for the share in the Company. Taking into account the terms and conditions of the Financing Agreement, the Board considers that the subscription price in the Directed Share Issue is secured on market terms. The reason for the deviation from the shareholders' preferential rights is to fulfil the terms of the Financing Agreement, which the Board of Directors considers to be in the interest of all shareholders.

Payment for the subscribed shares has been made by partial set-off of the tranches paid to the Company under the Financing Agreement. The Directed Share Issue consist of 6,000,000 shares that are issued at a price of SEK 0.10 and results in an increase of the share capital by approximately SEK 229,305.20. The Directed Share Issue result in the share capital will amount to SEK 5,573,962.30 and the number of shares will amount to 145,848,299. The Directed Share Issue entail a total dilution for existing shareholders of approximately 4.1 per cent of the number of shares and votes in the Company.

For further information, please contact:

Dean Tosic, CEO JonDeTech, tel: +46 73 994 85 70, email: dean.tosic@jondetech.com

About JonDeTech

JonDeTech is a provider of sensor technology. The company markets a portfolio of IR sensor elements based on proprietary nanotechnology and silicon MEMS. The nano-elements are extremely thin, built in flexible plastic and can be manufactured in high volumes at a low cost, which opens up 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: https://www.youtube.com/watch?v=mORloeCxbPE&t=122s.