Heliospectra’s Positive Development Continues

GÖTEBORG, SWEDEN & SAN FRANCISCO, CA / ACCESSWIRE / August 31, 2015 / Heliospectra AB (OTCQB: HLSPY, FIRSTNORTH: HELIO),
a world leader in intelligent lighting technology for plant research
and greenhouse cultivation, increases it’s half year revenue by 113%
from 1,863 KSEK in 2014 to 3,977 KSEK in 2015.

Staffan Hillberg, CEO of Heliospectra
commented: “Our efforts in sales and marketing have been very
successful, especially in the North American market. We have a
multitude of units for evaluation with potential customers and it is our
experience that this leads to increase in sales.”

After the end of the half year period, Heliospectra received its largest order ever equal to 672 KUSD (5.7 MSEK) from growers in Las Vegas in co-operation with American Cannabis. Installation is planned for Q4-2015.

The US market for medical cannabis is one of the fastest growing markets in North American and is forecasted to reach 10.2 MUSD
in 2017 which is 700% growth from 2013. 23 states have approved
legislation for growing medical cannabis and many more states are
expected to follow. There are also plans for approvals in other
countries such as Germany, UK and Australia plus expansion in Israel.

Staffan Hillberg, CEO of Heliospectra commented: “The market for our products and services and primarily the LX60-series grow lights is extensive. Heliospectra
continues to stay ahead of the competition. The LX60-series has
received top grades in all tests that have been done which is very
promising for the future.”

Heliospectra, Half Year Report in brief, period Januari-June 2015:

– Net turnover was KSEK 3,977 (1,863)
– Operating profit/loss was KSEK -14,104 (-18,895)
– Proft/loss after tax was KSEK -14,237 (-19,546) or SEK -1 (-1) per share
– Operating cash flow was KSEK -15,521 (-16,987)

The complete report is available on the IR pages at www.heliospectra.com

About Heliospectra AB

Heliospectra AB (OTCQB: HLSPY, FIRSTNORTH: HELIO)
(www.heliospectra.com) specializes in intelligent lighting technology
for plant research and greenhouse cultivation. The Company’s lighting
system provides an effective and durable technology for cultivating
greenhouse and indoor plants by combining several different groups of
versatile light emitting diodes (LEDs) with optics, remote sensing
techniques, and a robust heat dissipation solution. This proprietary
setup gives growers the ability to control the intensity and wavelengths
of the light emitted, creating a spectrum specifically adjusted to
different plant species and growth stages to better facilitate
photosynthesis. The complete, highly-engineered lamp produces crops that
look better, taste better, and have a longer shelf-life than those
grown under HID lamps. The technology not only reduces energy
consumption by up to 50%, but also helps stimulate growth
characteristics and improve plant quality. Other benefits include
reduced light pollution, lower mercury use due to the avoidance of
traditional HID/HPS bulbs, and less HVAC investment and monthly expense requirements.

Heliospectra products are based
on in-depth knowledge in plant physiology and photosynthesis along with a
unique way to utilize modern LED technology. After six years of
development in Sweden, the company has now begun to expand into the
international market. The company has raised more than $ 18 million in
capital and has received more than $2.6 million through academic
scholarships and grants. It has also received numerous awards for its
forward thinking technology. Principal owners: Weland Steel www.welandstal.se, Swedish Industrial Fund www.industrifonden.se, Midroc www.midroc.se, Wood & Hill Investment www.whab.se.

Forward-Looking Statements

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.

Contact

Investor Relations:
Michael Swartz
Senior Analyst
Viridian Capital Advisors, LLC
Tel: 212-333-0257
Email: mswartz@viridianca.com

Staffan Hillberg, CEO
Heliospectra AB
Tel: +46-708-36 59 44
Email: staffan@heliospectra.com

SOURCE: Heliospectra AB

ReleaseID: 431649