Tekna Holding AS

06/14/2022 | Press release | Distributed by Public on 06/14/2022 07:06

Tekna signs long-term supply agreement with Marle Tangible

Tid14.06.2022, 13:00:03
MeldingsID564881
UtstederIDTEKNA
InstrumentTEKNA
MarkedEuronext Growth (Oslo)
Andre språk
Korrigerte versjoner
KategoriIKKE-INFORMASJONSPLIKTIGE PRESSEMELDINGER
Del melding

Tekna signs long-term supply agreement with Marle Tangible

14.6.2022 15:00:01 CEST | Tekna Holding ASA | Non-regulatory press releases

Tekna Holding ASA (Tekna, OSE: TEKNA), the world-leading provider of advanced
materials to industry, today announced it has signed a long-term supply
agreement with Marle Tangible, a global medical device contract manufacturer
based in the US.

Under the terms of this agreement, Tekna will supply and deliver titanium powder
to be used for Marle Tangible's 3D printed and specialized orthopedic implants.
This agreement falls under Medical Additive Manufacturing, where 3D printing
enables the manufacturing of complex medical components. This growing segment
currently represents 16% of Tekna's Additive Manufacturing sales.

Luc Dionne, Chief Executive Officer at Tekna Canada, said: "We are excited to
have been selected by Marle Tangible as their preferred partner for titanium
powders. With the Marle Group being a leading player in orthopedic implants, we
consider this agreement a testimonial to the high quality of our products. We
are delighted to add Marle Tangible to our growing list of major medical
customers and look forward to a long-lasting relationship."

Chris Collins, Chief Operations Officer at Marle Tangible, added: "We are
delighted to have signed this agreement with Tekna. Their high-quality titanium
powders are impressive, consistent, and always delivered in a timely manner. We
are very pleased to have secured long-term supply. They have believed in us and
supported our success for a very long time. At Marle Tangible, we aim to
continue paving the way for Additive Manufactured Medical Devices with Tekna by
our side."

The agreement follows a longstanding partnership between Tekna and Marle
Tangible and positions Tekna as a preferred supplier of metal powders in the
field of medical implants and devices.

DISCLOSURE REGULATION

This information is subject to the disclosure requirements pursuant to Section
5-12 of the Norwegian Securities Trading Act.

CONTACTS

* Arina van Oost, Investor Relations | VP Corporate Strategic Development &
Innovation, +1 438 885 6330, [email protected]

ABOUT TEKNA HOLDING ASA

Tekna is a world-leading provider of advanced materials to industry,
headquartered in Sherbrooke, Canada.

Tekna produces high-purity metal powders for applications such as 3D printing in
the aerospace, medical and automotive sectors, as well as optimized induction
plasma systems for industrial research and production. With its unique,
IP-protected plasma technology, the company is well positioned in the growing
market for advanced nanomaterials within the electronics and batteries
industries.

Building on 30 years of delivering excellence, Tekna is a global player
recognized for its quality products and its commitment to its large base of
multinational blue-chip customers. Tekna's powder products increase productivity
and enable more efficient use of materials, thereby paving the way towards a
more resilient supply chain and circular economy.

https://www.tekna.com

ABOUT MARLE TANGIBLE

Marle Tangible, based in Fairborn, Ohio, is an ISO 13485:2016 certified and FDA
registered #3014273501 3D contract manufacturer, specializing in orthopedic
implants. Founded in 2013, the company looks beyond the average and industry
standard in offering end-to-end management of device manufacture, and is
committed to customer responsiveness and engagement, on-time delivery, and
quality that exceeds expectations. With decades of experience, market-proven
orthopedic implant expertise and engineering vision, Tangible is the 3D implant
manufacturer that delivers unparalleled medical devices of the highest quality.
tangiblesolutions3d.com - https://tangiblesolutions3d.com/

ATTACHMENTS

Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17847682/1514/2080/Download%20announcement
%20as%20PDF.pdf

Logo Marle Tangible.pdf -
https://kommunikasjon.ntb.no/ir-files/17847682/1514/2068/Logo%20Marle%20Tangible
.pdf