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AAA - ArcAroma AB News Story

SEK23.7 0.5  2.2%

Last Trade - 22/04/21

Sector
Industrials
Size
Micro Cap
Market Cap £24.6m
Enterprise Value £22.1m
Revenue £231k
Position in Universe 1316th / 1829

ArcAroma AB: 201105 ArcAroma begins evaluation of 15 oliveCEPT® according to plan

Thu 5th November, 2020 1:30pm
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Press release 2019-11-05

Despite stricter restrictions in Europe due to the development of the
pandemic, ArcAroma has delivered and installed a large number of oliveCEPT®
according to plan. A total of 15 oliveCEPT® units will be installed and in
operation to be evaluated by customers during the 2020 olive season.

Restrictions due to Covid-19 affect the company in several markets, which puts
great pressure on the organization and employees to carry out installations
and customer visits in a safe manner. The company's decentralized organization
is of great benefit in being able to handle the extreme situation.

For the olive season 2020, ArcAroma has installed and started up two
oliveCEPT® units in Portugal. During this week, one oliveCEPT® will also be
put into operation in Italy, which will be the third unit in use in the
country right now. In the Chinese market, the second unit has recently been
put into operation, and last year's delivery will also be up and running
shortly.

Over the next two weeks, six oliveCEPT® units will be ready for evaluation in
Greece - distributed on the mainland and Crete. Only one delivery of
oliveCEPT® to Spain has been affected by the negative effects of the
pandemic, and the possible start-up of this unit is still uncertain.

For more information, please contact:
Johan Möllerström, CEO
(+46) 768 – 86 81 78 
johan.mollerstrom@arcaroma.com

About ArcAroma AB (publ)
ArcAroma has developed a patented technology that controls and applies
electrical pulses to optimize various biological processes. The CEPT®
platform, which is a high-voltage generator combined with a treatment chamber,
uses the technology within FoodTech for increased extraction from the raw
material and extended shelf-life and increased quality of the final product.
Within CleanTech, the CEPT® platform is used for sewage sludge treatment and
biogas production. The platform uses short-term high-voltage pulses (PEF) that
crush the cell membrane and eliminate unwanted microorganisms.
Our vision is to contribute to a sustainable world by offering efficient green
cutting-edge technology that is easy to use in the areas of FoodTech and
CleanTech.

ArcAroma's shares are listed on NASDAQ First North Premier Growth Market. Erik
Penser Bank is Certified Adviser and is available at 08-463 80 00 or
certifiedadviser@penser.se.  www.arcaroma.com
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