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2 September 2019

Certification of the eQart® concept has been completed with positive results

The certification refers to compliance with both product, machine, and safety directives as follows:

Machinery Directive 2006/42/EC Annex I, EN ISO 12100:2010, EN 1525, EN ISO 13849-1:2015, EN 60204-1:2006+A1:2009, EN 1175-1-1998+A1-2010, ANSI C63.4, 47 CFR PART 15B

The certification refers to the modular concept eQart®, and not a specific size. The concept consists of engine modules, batteries, a control unit, and sensors which are mounted on a trolley unit built with FlexQube's patented building blocks. The certification covers eQart® sizes from 840 x 840 mm, up to 2520 x 2520 mm.

CTO Per Augustsson comments, "This is very satisfying and an important milestone in the transformation from being a mechanical company to becoming a digital player with electrified and self-driving products. We started the journey two years ago, and now we have our first product ready to offer the market. This is just the beginning of a series of innovative products and services within the framework of the FlexQube 4.0 project".

SGS, headquartered in Geneva, Switzerland, is a world leader in product verification, testing, and certification. The company has more than 97,000 employees and 2,600 offices and laboratories located worldwide.

About the eQart®

eQart® is the first product to come from the project "FlexQube 4.0" and is an autonomous and remote-controlled cart that can be configured in almost any form, as it is built with FlexQube's standard building blocks complemented with digital modules such as a motor, battery, controller and sensors.

The goal of the eQart® is to offer the most user-friendly automation solution for internal logistics. Customers receive the FlexQube concepts unique flexibility to build a large variety of customized top structures and sizes along with the eQart®. The price for the eQart® will be between $15,000 and $25,000 depending on the configuration.

About FlexQube

FlexQube is a company that offers a unique and patented concept that is used to design and deliver robust, modular and flexible carts and racks. The company has manufacturing in Sweden and USA and distribution in North America and in Europe. On December 14, 2017, the company was listed on the Nasdaq First North in Sweden.

FlexQube has some of the world’s largest manufacturers within automotive-, energy-, defense-, aerospace-, home appliances-, and construction machinery among their customers. Some examples are Volvo Cars, Autoliv, Scania, Whirlpool, Eberspächer and Oshkosh.

For more information, contact CEO Anders Fogelberg

anders.fogelberg@flexqube.com

+1 678 701 58 55

+46 702 86 06 74

The share (FLEXQ) is traded on Nasdaq First North. FNCA Sweden AB, telephone +46 8-528 00 399, info@fnca.se is the Company’s Certified Advisor.

The information was provided by the above contact persons for publication on September 2nd, 2019 at 08:00 CET.