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Truscreen Strengthens Market Presence Central Europe

Operational Update4 August 2020TRUIndustrials

NZX Announcement

5 August 2020


TruScreen strengthens its market presence in central and eastern Europe


As part of the rationalisation of its distributors network, Truscreen Limited (NZX: TRU) (“the

Company”) is pleased to announce that it has appointed prominent medical device distributor

Aspironix, s.r.o (Aspironix) as its exclusive distributor for Czech Republic, Slovakia, and Poland.


The territories of Czech Republic, Slovakia, and Poland, have a combined cervical cancer addressable

screening population of over 17.9

1

million women, presenting a significant market opportunity for the

Company.


Asprionix is a well-established specialised medical device distributor based in Prague, with a rapidly

growing turnover and increasing presence in central and eastern Europe.


Together with Aspironix, the Company will develop a comprehensive market access plan and have

begun preliminary Key Opinion Leaders (KOL) engagement for the region.


Truscreen CEO, Victoria Potarina, said “The distribution agreement with Aspironix will enable us to

significantly expand our distribution capabilities in central and eastern Europe, bringing Truscreen’s

latest real-time cervical cancer screening technology to the women of Czech Republic, Slovakia and

Poland.


The rationalisation of our distributor portfolio will see established and committed medical device

distributors, like Aspironix partnering with Truscreen to bring our Truscreen cervical cancer screening

technology to the millions of women who are currently not covered by effective cervical cancer

screening.”


- ENDS –


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

Victoria Potarina

Chief Executive Officer

victoriapotarina@truscreen.com


Guy Robertson

Chief Financial Officer

guyrobertson@truscreen.com










1.

https://www.cia.gov/library/publications/the-world-factbook/



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/

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