The decision entails that the liquidator replaces the board and the managing director and is assigned to carry out the liquidation. The liquidator will shortly send an application for summons to unknown creditors to the Companies Registration Office.

The liquidator has also initiated the work of trying to find a buyer of Bioservo's business. Interested parties are asked to contact the liquidator for further information.

For more information, please contact
Lawyer Olov Kling, liquidator
Advokatfirman Lindahl KB
Phone: +46 70 210 13 79
olov.kling@lindahl.se

Mikael Wester, Marketing Director, Bioservo Technologies AB
Phone: +468 21 17 10
mikael.wester@bioservo.com

About Bioservo Technologies
Bioservo Technologies AB (publ) is a world leading company in wearable muscle strengthening systems for people in need of extra strength and endurance. All our innovative products and systems are designed to keep people strong, healthy and efficient. The company has a unique global position within soft exoskeleton technology for the hand, both for industrial applications to improve the health for workers and to improve quality of life for people with reduced muscle strength. Bioservo Technologies was founded in 2006 in collaboration between researchers at the Royal Institute of Technology and a doctor at Karolinska University Hospital. Bioservo Technologies is a Swedish public limited company with headquarters in Kista north of Stockholm.

FNCA Sweden AB is the company's Certified Adviser on Nasdaq First North Growth Market.
For more information, please visit www.bioservo.com