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2014-05-09

Brighter AB : Interim Report January - March 2014

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|Brighter AB (publ) |
|Interim Report January - March 2014 |
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About Brighter AB (publ)

Brighter One (TM) - the patented all-in-one solution that combines the five
things that millions of diabetics need to use several times every day to
survive and feel well.

Brighter develops and commercializes innovative solutions for diabetes
self-care. The Company's shares are listed on NASDAQOMX First North. More
information is available at
nasdaqomxnordic.com.

Summary of the period January - March 2014

* Net turnover amounted to SEK 0 (0)
* Profit after financial items amounted to KSEK -1 350 (-650)

Significant events during the period

* The Company executed two share issues, one Private Placement in the amount
of SEK 24,999,996 and one Rights Issue in the amount of SEK 10,410,295,
Whereby the Company raised a little over SEK 35,000,000 prior to deducting
the issue related expenses.
* The share capital was increased by SEK 252,930.65 and currently amounts to
SEK 847,804.70.
* On March 14thtrading of the Brighter share was transferred to NASDAQOMX
First North from AktieTorget. The aim, which the Company achieved, was to
broaden the ownership of the Company's share and attract an international
investor base.
* During the period, the work to launch the product and achieve certification
has elapsed as planned.

Financial calendar

Half-year report 2014: August 15th2014

Report January - September 2014: November 14th2014

Year-end Report 2014: February 20th2015

Message from the CEO

The first quarter of 2014 has been very positive for Brighter since capital
raised in the private placement and the rights issue has both given the
company long term capital and new investors. The work to close the issues
required considerable resources but despite this, the company could continue
to develop the production launch - developing tools, etc. - and proceed with
the certification as planned.

On a personal level it feels very positive to get proof, through interest of
the investor community, that the Company and the staff are working toward the
right goal - to help people with diabetes around the world with a better form
of treatment.

In the second quarter, we continue to work to get the product into production,
but we will also strengthen the organization with relevant expertise and
dedication. On June 18th, we have scheduled our annual general shareholders
meeting, during which we also intend to present and elect new board members -
who each have relevant expertise and who have shown great interest in our
company during the recruitment process.

Truls Sjöstedt
CEO Brighter AB (publ)

The Share

Brighter AB (publ) was listed on NASDAQOMX First North on March 14th2014,
following the move from AktieTorget on which the share was listed from
February 3rd2012. NASDAQOMX First North is a MTF (Multilateral Trading
Facility) under the supervision of Finansinspektionen (Swedish financial
markets authority). On March 31st2014 there were 16,956,094 shares issued.
All shares have equal rights to the company's profits and assets.

Insiders' holdings

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|Shares 03-31-2013 change 03-31-2014 |
|Truls Sjöstedt - CEO&Board Member 4,781,486 + 142,857 4,924,343 |
|Michael Frantzén - Board Member 3,745,310 0 3,745,310 |
|Gert Westergren - Chairman of the Board 237,526 + 142,860 380,386 |
|Lars Flening - Board Member 16,862 + 10,107 26,969 |
|Henrik Norström (related) - COO&Board Member 16,764 + 6,980 23,744 |
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|Stock options 03-31-2013 change 03-31-2014 |
|Truls Sjöstedt - CEO&Board Member 41,111 + 30,014 71,125 |
|Michael Frantzén - Board Member 0 +30,014 30,014 |
|Gert Westergren - Chairman of the Board 220,000 + 292,459 512,459 |
|Lars Flening - Board Member 550,000 + 30,014 580,014 |
|Henrik Norström (related) - COO&Board Member 0 0 0 |
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Accounting principles

This Interim Report January - March 2014 has been prepared following the K3
guidelines, unless otherwise stated. The report is prepared in accordance
with the accounting council's recommendation.

Auditor review

This Interim Report has not been reviewed by the Company's auditors.

Delivery of the Interim Report January - March 2014

Stockholm, May 9th2014

Brighter AB (publ)

The Board of Directors

For further information, please contact:

Truls Sjöstedt, CEO

Telephone: +46 709 73 46 00
E-mail:truls.sjostedt@brightercompany.com

Henrik Norström, COO/Controller
Telephone: +46 733 40 30 45
E-mail:henrik.norstrom@brightercompany.com

Gert Westergren, Chairman of the Board
Telephone: + 46 705 55 77 99
E-mail:gert.westergren@brightercompany.com

Income Statement in thousand SEK

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| 01-01-2014 01-01-2013 |
| 03-31-2014 03-31-2013 |
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|Operating revenue 273 0 |
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|Capitalization of development expenses, 271 0 |
|Other operating revenue 2 0 |
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|Operating expenses -1,489 -637 |
| |
|Other external expenses -745 -124 |
|Staff expenses -386 -259 |
|Depreciation and amortization of tangible and intangible fixed assets -358 -141 |
|Other operating expenses 0 -113 |
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|Operating income -1,216 -637 |
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|Income from financial items -134 -22 |
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|Interest income and similar items 0 0 |
|Interest expense and similar items -134 -22 |
| |
|Income after financial items -1,350 -659 |
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|Earnings before tax -1,350 -659 |
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|Calculated earnings -1,350 -659 |
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Balance Sheet in thousand SEK

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| 03-31-2014 03-31-2013 |
|ASSETS |
|Fixed assets |
|Intangible assets 10,571 5,392 |
|Capitalized research and development and similar work 9,535 4,508 |
|Concessions, patents , licenses, trademarks similar rights 1,036 884 |
|Tangible fixed assets 610 112 |
|Equipment, tools and installations 610 112 |
|Total fixed assets 11,181 5,504 |
| |
|Current assets |
|Current receivables 912 422 |
|Receivables for subscribed unpaid share capital 0 0 |
|Other receivables 912 422 |
|Prepaid expenses |
|Cash and bank balances 23,960 876 |
|Total current assets 24,872 1,298 |
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|TOTAL ASSETS 36,053 6,802 |
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|EQUITY AND LIABILITIES |
|Equity |
|Restricted equity 848 595 |
|Share Capital 848 595 |
|Not registered share capital |
|Undistributed earnings / accumulated loss 30,310 1,827 |
|Total equity 31,158 2,422 |
| |
|Long-term liabilities 2,743 2,394 |
|Credit line (limit 250,000 SEK ) 102 0 |
|Other long-term liabil...

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