TRUSCREEN GROUP LIMITED logo

Truscreen Expands in China

Operational Update5 May 2020TRUIndustrials

NZX Announcement

6 May 2020


Truscreen expands in China

Highlights

• TruScreen device roll-out continues after COVID-19 restrictions lifted

• Four new hospitals added in Shanghai and Sichuan Province April 2020

• Distributor wins tender for five new hospitals to commence May 2020

• 18% increase in hospital coverage in April/May 2020


TruScreen Limited (NZX:TRU) (TruScreen or the “Company”) is pleased to advise that during

April 2020 the TruScreen cervical screening device became operational in four new hospitals

in the Shanghai Municipality and in Sichuan Province. These hospitals conducted around one

hundred patient screening tests using TruScreen handheld real-time device during the month.

TruScreen’s China distributor, Beijing Siweixiangtai Tech Co., Ltd (SWXT) was also successful

in securing an order for supplying the TruScreen cervical screening device to a further five

hospitals, for delivery and installation in May 2020. This increases the number of hospitals

actively using the TruScreen cervical screening device on a commercial basis from forty nine

to fifty eight, an 18% increase over March 2020.

Further roll outs of the TruScreen cervical screening device are expected for the rest of the

calendar year.

TruScreen CEO, Victoria Potarina comments, “China continues to be our key focus and we are pleased

with the current increase of hospital coverage. The adoption by these nine new hospitals of our TruScreen

cervical screening system are a testament to the efficacy of the TruScreen cervical screening device. Our

distributor, SWXT continues to work on the roll out of our Truscreen cervical screening programme in

China, post COVID-19. We continue to see huge potential in this market.”


This announcement has been approved by the Board.


- ENDS -


For more information, visit www.truscreen.com or contact:

TruScreen

Victoria Potarina

Chief Executive Officer

victoriapotarina@truscreen.com



Guy Robertson

Chief Financial Officer

guyrobertson@truscreen.com








About TruScreen:

TruScreen is a Cervical Cancer Screening Device which

offers the latest technology in cervical screening,

providing real-time, accurate detection of pre-

cancerous and cancerous cervical cells to help improve

the health and well-being of women around the world.

TruScreen’s real-time cervical cancer technology

utilises a digital wand which is placed on the surface of

the cervix to measure electrical and optical signals from

the surrounding tissues. A sophisticated proprietary

algorithm framework is utilised to detect pre-cancerous

change, or cervical intra-epithelial neoplasia (CIN), by

optical and electrical measurement of cervical tissue.


TruScreen offers an alternative approach to cervical screening, resolving many of the ongoing

issues with Pap tests, including failed samples, poor patient follow-up, patient discomfort and

the need for supporting laboratory infrastructures. As such, TruScreen’s target market is low-

and middle-income countries where no large-scale cervical cancer screening programs and

infrastructure are in place, such as China, Mexico, Africa, Russia and India. TruScreen’s cervical

cancer screening device is CE-marked and certified for use throughout Europe and CFDA-

approved for sale in China. The global market potential for TruScreen is significant.


For more information, visit our website at www.truscreen.com

Watch our video on TruScreen: http://truscreen.com/truscreen-the-company/truscreen- ultra-

video/

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.