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AAA - ArcAroma AB News Story

SEK24 -0.2  -0.8%

Last Trade - 16/04/21

Sector
Industrials
Size
Micro Cap
Market Cap £25.6m
Enterprise Value £23.0m
Revenue £232k
Position in Universe 1306th / 1831

ArcAroma AB: 201217 ArcAroma qualifies as a FoodTech 500-company in 2020

Thu 17th December, 2020 10:50am
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Press release 2020-12-17

ArcAroma have recently been selected as one of the companies to join The
FoodTech 500 of Agrifoodtech in 2020. The FoodTech 500 is a list of the top
five hundred startup and scaleup companies shaping the future of food.
Inspired by the Fortune 500, the food tech data and consulting company Forward
Fooding created the world´s first definitive list of global entreprenurial
talent at the intersection between food, technology and sustainability.

“We are proud to be part of the FoodTech 500. This is a confirmation of our
innovative position for future food production where we contribute with
increased efficiency, better quality and extended shelf life”, says Johan
Möllerström, CEO ArcAroma.

With 2052 applicants from over 60 countries, this year's FoodTech 500 has
revealed an incredibly diverse set of applicants who work with high-quality
food supply with an efficient and holistic perspective. ArcAroma was selected
as one of the five hundred finalists, that in times of great uncertainty has
shown strong entrepreneurship, ability to innovate and resilience.

To create the FoodTech 500 official list, the data from each application was
processed using Forward Fooding's unique algorithm to calculate a business
size score as well as a digital footprint score. The third measuring point was
a sustainability score, derived from a bespoke model based on a set of
questions around the United Nations SDGs and a few other data points.

Forward Fooding was founded in San Francisco with the aim of broadening the
access to capital for food and Food Tech entrepreneurs. For more information
about the FoodTech 500, please visit www.forwardfooding.com.

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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