Mak North America Place Second Order of Heliospectra Intelligent LED Technology

GOTHENBURG, Sweden and SAN FRANCISCO, June 8, 2017 /PRNewswire/ --

Heliospectra AB (publ) (OTCQB: HLSPY, FIRSTNORTH: HELIO), a world leader in intelligent lighting technology for greenhouse and controlled plant growth environments, announced a second order from Mak North America of Heliospectra LED lighting solutions as the company opens the first licensed medicinal cannabis cultivation facility in the Republic of Macedonia. The order value is USD 184,560 (1,5 million SEK). Delivery will take place at the beginning of Q3 and be visible in the accounts in Q2 and Q3.

"As Mak North scales operations in Macedonia, lighting becomes a critical factor to maintain superior plant health, create accurate business and yield forecasts and deliver pharmaceutical grade cannabis to domestic and export markets," said Kris Swaffer, CEO of Mak North America. "The Heliospectra LED solutions and the ability to truly control consistency and accelerate the harvest of medicinal marijuana are core components for sustainable business success."

The 2,415 square meters Mak North facility (26,000-square foot) integrates Heliospectra's E60 series 600 watt LEDs with a vertical tier growing system to distribute an optimized, high intensity light spectrum across the complete cannabis growth cycle and in multiple rooms from vegetative to flowering.

"At Heliospectra, we focus on growers' business models and profitability. In close collaboration with our customers we develop solutions that help them not only reach their goals but to do it faster, more efficiently and in an environmentally and economically sustainable way," said Ali Ahmadian, CEO of Heliospectra. "Mak North will be able to standardize the quality and medicinal profiles of the cannabis plant while at the same time speeding production cycles by up to 10 days. By controlling consistency, Mak North is able to supply their customers with high-quality products and create predictable and repeatable business results."

About Mak North America

Headquartered in Dallas, Texas, Mak North America has established a thriving export business providing sunflower oils and extracts to companies worldwide. If you would like to learn more about Mak North America and the Macedonia facility, please contact CEO Kris Swaffer at krisswaffer@gmail.com.

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Contact:

Investor Relations:

Ali Ahmadian,
CEO of Heliospectra
+46 (0)72-203-63-44
Ali.Ahmadian@heliospectra.com

Redeye is Heliospectra's Certified Advisor for Nasdaq First North - www.redeye.se

http://www.heliospectra.com

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SOURCE Heliospectra