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2017-01-26

Heliospectra: Heliospectra Recognized as 42nd Fastest Growing Company on Deloitte Global's 2016 Technology Fast 500™ EMEA List

(GOTHENBURG, Sweden/SAN FRANCISCO, CA, January 26, 2017) --
Heliospectra AB (https://www.heliospectra.com/) (publ) (OTCQB: HLSPY
(http://www.otcmarkets.com/stock/HLSPY/quote), FIRSTNORTH: HELIO
(http://www.nasdaqomxnordic.com/shares/microsite?Instrument=SSE101607&sym...)),
a world leader in intelligent horticultural lighting technology, is
pleased to announce it has been recognized as the 42nd fastest
growing company in Europe, the Middle East, and Africa (EMEA)
according to The Deloitte Technology Fast 500™ EMEA program
(https://www2.deloitte.com/global/en/pages/technology-media-and-telecommu...).

Now in its sixteenth year, the Deloitte Technology Fast 500™ EMEA
program in 2016 included 28 countries and growth rates from 212% to
28,126%. This year's winners were selected based on percentage
fiscal-year revenue growth from 2012 to 2015.

With revenue growth of 2,204% from fiscal year 2012 to fiscal year
2015, Heliospectra was ranked as the 42ndfastest growing company in
the Fast 500™ EMEA list. This revenue growth figure also set
Heliospectra (https://www.heliospectra.com/reviews) as the third
fastest growing company of the 20 companies in the clean technology
sector, which had an average growth rate of 471%.

"Our LED lighting strategies and advanced technology offer customers
operating large scale greenhouses and indoor controlled growing
environments the ability to produce consistently high yields and
quality products year round," said Staffan Hillberg, CEO of
Heliospectra.

Heliospectra's LED lights and control solutions enable customers to
use the full light spectrum to improve cultivation methods and
accelerate the flowering cycles of many plants and vegetables. By
increasing the number of harvest cycles achieved each year, customers
also accelerate time to market which increases revenue and sustains
their businesses' profitability.

For more information on the Deloitte Technology Fast 500™ EMEA,
including the full list of company rankings, please click here
(https://www2.deloitte.com/global/en/pages/technology-media-and-telecommu...).

About the Deloitte Technology Fast 500™ EMEA

The Deloitte Technology Fast 500™ EMEA program is an objective
industry ranking that recognizes the fastest-growing technology
companies in Europe, the Middle East, and Africa (EMEA) during the
past four years. The program is supported by the Deloitte Technology
Fast 50 initiatives, which rank high-growth technology companies by
location or specifically defined geographic area.

Investor Relations Contacts:

Staffan Hillberg, CEO of Heliospectra | +46 (0)708 36 59 44 |

staffan.hillberg@heliospectra.com

Michael Swartz, Senior Analyst | Viridian Capital Advisors, LLC | +1
212-333-0257 | mswartz@viridianca.com

G&W Fondkommission is Heliospectra's Certified Advisor for Nasdaq
First North - www.gwkapital.se

www.heliospectra.com

Join the Heliospectra Conversation

* Read more at www.heliospectra.com/blog

* Follow @Heliospectra (https://twitter.com/Heliospectra) on Twitter

* Like Heliospectra on Facebook at facebook.com/heliospectra
(https://www.facebook.com/heliospectra)

* Join the Heliospectracommunity on www.instagram.com/heliospectra/

About Heliospectra AB

Heliospectra AB (publ) (OTCQB: HLSPY, FIRSTNORTH: HELIO)
(www.heliospectra.com) specializes in intelligent lighting technology
for plant research and greenhouse cultivation. The Company's lighting
system provides an effective and durable technology for cultivating
greenhouse and indoor plants by combining several different groups of
versatile light emitting diodes (LEDs) with optics, remote sensing
techniques, and a robust heat dissipation solution. This proprietary
setup gives growers the ability to control the intensity and
wavelengths of the light emitted, creating a spectrum specifically
adjusted to different plant species and growth stages to better
facilitate photosynthesis. The complete, highly-engineered lamp
produces crops that look better, taste better, and have a longer
shelf-life than those grown under HID lamps. The technology not only
reduces energy consumption by up to 50%, but also helps stimulate
growth characteristics and improve plant quality. Other benefits
include reduced light pollution, lower mercury use due to the
avoidance of traditional HID/HPS bulbs, and less HVAC investment and
monthly expense requirements.

Heliospectra products are based on in-depth knowledge in plant
physiology and photosynthesis along with a unique way to utilize
modern LED technology. After six years of development in Sweden, the
company has now begun to expand into the international market. The
company has raised more than $21 million in capital over the years
and has received more than $2.6 million through academic scholarships
and grants. It has also received numerous awards for its forward
thinking technology. Principal owners: Weland Steel
www.welandstal.se, Swedish Industrial Fund www.industrifonden.se
Midroc www.midroc.se, Avanza Pension www.avanza.se.

Forward-Looking Statements

The statements in this press release constitute forward-looking
statements within the meaning of federal securities laws. Such
statements are based on our current beliefs and expectations and are
inherently subject to significant business, economic and competitive
uncertainties and contingencies, many of which are beyond our
control. In addition, such forward-looking statements are subject to
assumptions with respect to future business strategies and decisions
that are subject to change. Potential risks and uncertainties
include, but are not limited to, technical advances in the industry
as well as political and economic conditions present within the
industry. We do not take any obligation to update any forward-looking
statement to reflect events or developments after a forward-looking
statement was made.

This information is information that Heliospectra AB (publ) is obliged
to make public pursuant to the EU Market Abuse Regulation. The
information was submitted for publication, through the agency of the
contact person set out above, at 14:00 CET / 8 AM EST on January 26,
2017.

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http://news.cision.com/heliospectra/r/heliospectra-recognized-as-42nd-fa...
http://mb.cision.com/Main/5333/2174474/619654.pdf

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