Imsys AB: Monthly Letter from CEO

NOT FOR PUBLICATION OR DISTRIBUTION, WHETHER DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, NEW ZEALAND, HONG KONG, JAPAN, CANADA, SWITZERLAND, SINGAPORE, SOUTHAFRICA OR IN ANY OTHER JURISDICTION IN WHICH SUCH ACTION IS WHOLLY OR PARTIALLY SUBJECT TO LEGAL RESTRICTIONS.

Imsys business continues its positive development and direction in accordance to plan.

  • Commercial launch of product IM4000 scheduled for June 2021!
  • Two patent applications ready and scheduled for registration in May 2021!
  • External evaluation of Alice design has received green light for next step!

The launch of IM 4000

During the month of April, development work with IM 4000 has progressed, where IM 4000 is an upgrade of IM 3000. IM 4000 is also the central function and forming a core design element of Imsys upcoming "supercomputer" ALICE (the Accelerator). The product is designed for AI (Artificial Intelligence) in various industrial applications, e.g. in vehicle safety, 5-G, biometrics and similar functions.

Behind IM 4000 is several years of development work. The new product contains program code structures enabling for easy integration to multiple computing software. IM 4000 has an open interface and this means easy integration to significant software in the market. For example, IM 4000 offers seamless integration with more than thirty different program languages through LLVM, a globally recognized compilation program. All these customizations broaden the market for IM 4000 compared to IM 3000!

IM 4000 will initially be sold directly to the end users. The release of specifications for this product is scheduled for the month of Maj. We already see that IM 4000, in terms of performance, will qualify in an elite class, where flexibility and low power consumption are significant and important features.

Imsys' plan is to expand offering both to existing IM 3000 customers to upgrade, as well as to market IM 4000 widely with globally active distributors to secure large volume sales.

Roadmap - the road to success

Imsys Roadmap describes 5 development steps that extend from 2021 until 2024. During April 2021, our work has included preparations for Step 3, which will evaluate our design for ALICE, and has been conducted together with external partners. The evaluation gives acceptance to Imsys design. This is an important step forward for us.

During April, our work with patent applications took significant steps forward. As early as December 2020, Imsys filed a provisional patent application. During the current month, two specific patent applications will be filed and the plan is for these to be followed by two more in June. This strengthens Imsys' market position as an IP provider vis-à-vis our competitors and creates significant value. The patent portfolios in our market are important value creators.

Sales Process

Finally, Imsys progress in sales process. That is what we finally live from. Here our efforts are made to ensure that IM 4000 get a significant launch costumer. It is my current belief that this can announced within next 30 days.

Imsys' relationship to AI (Artificial Intelligence)

Artificial Intelligence is a gigantic growth opportunity for Imsys. For the semiconductor industry, AI is a transition from delivering standard circuits to a limited number of manufacturers of mobile phones, laptops and servers, to delivering IP and technology to a multitude of industrial companies, each creating their unique AI solutions for their many industrial products. This transition will benefit pure design and development companies as Industrial Companies' AI solutions all must be integrated in their established industrial products.

IMPORTANT INFORMATION

This press message (PM) is a translation from the original which was published in Swedish, prior to this English version. In any and all legal considerations, the press message in Swedish serves as the company's official version.

The PM contains forward-looking statements which reflect the Company's current view of future events and the Company's operational and financial performance. Although the Company believes that the expectations reflected in such forward- looking statements are reasonable, there can be no guarantees that these expectations will prove to be correct. Forward-looking statements only express the Company's assessments and assumptions at the time of the PM. The Company makes no commitment to publish updates or revisions of forward-looking statements as a result of new information, future events or similar circumstances other than as required under applicable securities laws or regulations or applicable stock exchange rules.

For more information, please contact:

Magnus Stuart, CEO magnus.stuart@imsystech.com +46 706 211 350

IMSYS IN SHORT

Imsys AB (publ) is a Swedish based high tech microprocessor company with focus on AI, founded in 1981. The company is a lead designer and developer of high performance, low energy consumption, flexible microprocessor solutions for AI applications. Imsys ALICE technology offers advantages in EDGE AI applications for automotive, security, computer centers, 5G mobile communication, block-chain and image recognition.

The company's shares are listed on NGM SME market

Göteborg Corporate Finance serves as Imsys appointed mentor and is available on telephone +46 31 13 82 30.


Imsys AB: Bokslutskommuniké för verksamhetsåret 2020-21

Verksamhetsåret 1 maj 2020- 30 april 2021 har inneburit ett genombrott för Imsys. Genom publicitet och direkta kontakter har information om Bolagets lösningar och teknik nått ut till potentiella kunder, till intressenter och till aktiemarknaden.

De mål som ställdes upp inför noteringsbeslutet har uppnåtts.


Imsys AB: Month of May Letter from the CEO

Imsys' business continues to develop in a positive direction at a high pace.

· The launch of IM4000 is developing according to plan

· Two more patent applications will be filed in June 2021!


Imsys AB: Månadsbrev för maj från VD Magnus Stuart

Imsys verksamhet fortsätter att utvecklas i positiv riktning med högt tempo.

  • Lanseringen av IM4000 utvecklas enligt plan
  • Två ytterligare patentansökningar lämnas in under juni 2021

Imsys AB signs Letter of Intent for IM 4000

  • Volume sales of IM 4000
  • Three year agreement with Mindchip to be finalized within 2 weeks

IMSYS tecknar Letter of Intent för IM 4000

  • Volymförsäljning av IM 4000
  • Tre årigt avtal med Mindchip som ska slutföras inom 14 dagar

Imsys AB: Monthly Letter from CEO

NOT FOR PUBLICATION OR DISTRIBUTION, WHETHER DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, NEW ZEALAND, HONG KONG, JAPAN, CANADA, SWITZERLAND, SINGAPORE, SOUTHAFRICA OR IN ANY OTHER JURISDICTION IN WHICH SUCH ACTION IS WHOLLY OR PARTIALLY SUBJECT TO LEGAL RESTRICTIONS.

Imsys business continues its positive development and direction in accordance to plan.

  • Commercial launch of product IM4000 scheduled for June 2021!
  • Two patent applications ready and scheduled for registration in May 2021!
  • External evaluation of Alice design has received green light for next step!


Imsys AB: April månadsbrev från VD Magnus Stuart

Imsys verksamhet fortsätter att utvecklas i positiv riktning enligt plan.

  • Lanseringen av IM4000 sker i juni 2021!
  • Två patentansökningar lämnas in under maj 2021!
  • Extern utvärdering av Alice har givit godkänt - och grönt ljus för nästa steg!


Imsys AB: Monthly Letter from CEO

A March letter reporting business to develop positively. Imsys attracting new shareholders and the share price is in rising. Imsys' internal evaluations indicating that our technology, ALICE, is competitive in a market that is expected to reach sales volumes of USD 5 billion by 2025. IM4000 is approaching its launch and may start generating revenue soon.


Imsys AB: Månadsbrev från VD

Imsys verksamheten har utvecklats positivt under mars. Bolaget får nya aktieägare och aktiekursen stiger. Imsys interna utvärderingar ser att vår teknik, ALICE, är konkurrenskraftig på en marknad som förutses omsätta 5 miljarder USD 2025. IM4000 närmar sig lansering och kan börja generera intäkter inom kort.


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