With reference to the press release on 26/10/2023, Lokotech AS has started the
two-week exclusive advance sale of circuit boards ("hashblades") as planned on
27th of October. Around half of the ~2,300 subscribers has so far opened the
invitation. The company has so far received 81 orders from various clients
represented from 19 countries. Orders vary in size. Some of the orders received
have been confirmed by completed payment, while other orders are still subject
to such payment. The deadline is set at 14 days from the order is generated.

Lokotech will update the market as soon as the outcome of the pre-sale becomes
more clear. The company aims to open pre-sales to the public on November 10,
unless the batch sells out. Marketing measures are planned to be launched from
early next week.

For more information, contact CEO Ola Stene-Johansen at osj@lokotech.no

About Lokotech Group:

Lokotech Group AS is a unique fabless semiconductor company. The company's first
Scrypt ASIC (Application Specific Integrated Circuit) operates at 20-25% of the
energy consumption compared to the current market leader, enabling more flexible
solutions and a wider distribution of computing power. As the only western
company in it's niche, Lokotech Group is destined to transform the industry as a
whole. The group also operates in other business areas, such as standalone
software and Edge AI.