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2015-08-26

Brighter AB : Brighter has filed suit against HotSwap.

Press release Stockholm August 26, 2015

Brighter has filed suit against HotSwap.

After the aborted launch of our first product Brighter One(TM) Brighter has
initiated legal proceedings against its former development partner HotSwap
for damages, requesting reimbursement for paid consultancy fees, lost profits
and other damages in the amount of approximately SEK 34.8 million.

The legal process has begun by which Brighter has filed that HotSwap has
grossly mismanaged its assignment to develop our first product. This has
resulted in considerable financial damages for Brighter and its shareholders.

"We canceled the launch because what HotSwap delivered was substandard", says
Truls Sjöstedt, Brighter's CEO and founder.

"HotSwap just could not manage to maintain the high quality level we clearly
specified. Brighter wants to be reimbursed for the development costs, plus
compensation for, among others, lost profits that the aborted launch
entailed."

The legal process began after HotSwap failed to meet Brighter's out of court
proceedings.

"In my opinion there is no doubt about who did right and who is at fault in
this case, as emphasized by HotSwaps actions. Among other, HotSwap claimed
"better right" to a patent Brighter applied for, although HotSwap has
assigned all the rights to intellectual property in the agreement between the
parties", says Truls Sjöstedt.

The amount Brighter claims that HotSwap be obliged to pay amounts to about SEK
34.8 million plus interest in accordance with § 6 of the Swedish Interest
Act. In addition Brighter claims reimbursement of legal expenses.

About Brighter AB (publ)

By means of its intellectual property Brighter develops innovations for people
who live with a medical condition. We develop the tools that improve the
situation and every day lives of individuals. Half of Sweden's 4.6 million
households will be "connected" for home care or through mobile units within
five years. Brighter's objective is to simplify, streamline and strengthen
the relationship between patients and healthcare professionals through the
development of innovations in the area of mobile health - a market that
already today - 2015 - is valued at SEK 120 Billion on a global basis.

The Company's shares are listed on
NASDAQOMX First North/BRIG.

Visit our website and subscribe to press releases:
www.brighter.se

Follow us on:

www.introduce.se

Certified Adviser
Brighter's Certified Adviser on Nasdaq OMX First North is Remium Corporate
Finance +46 (0)8 - 454 32 76,CorporateFinance@remium.com,www.remium.com.

For further information, please contact:

---------------------------------------------------------------------
| Henrik Norström, COO Truls Sjöstedt, VD |
|Telephone: +46 (0)733 40 30 45 |
|Email:henrik.norstrom@brighter.se Telephone : +46 (0)709 73 46 00 |
| Email:truls.sjostedt@brighter.se |
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Brighter has filed suit against HotSwap.
http://hugin.info/160464/R/1947531/707193.pdf

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Brighter AB via Globenewswire

HUG#1947531

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