Scint-X has its technology roots at KTH Royal Institute of Technology, and has further developed a patented technology to serve x-ray industry with its attempts to improve image quality for applications where high resolution is required without a trade-off with sensitivity. As one customer states: "With this new scintillator technique, the x-ray business will go to a next level in terms of resolution."

"The capital injection will boost the company to build a stronger organization to support its present and future customers. Our target is to become de-facto standard in the market. Conor shares the target with us and we've started already before the investment to work with a common growth plan how we will ensure we can fulfill our present and future customer needs. We welcome the new investor to join the team, which further enhances our high aspiration level.", comments Mikael Andersson, CEO at Scint-X.

"Scint-X ́s technology exhibits benefits in all x-ray market segments where ability to detect small details is highly demanded. The company has an efficient production process ready to be scaled-up for high volumes in the market, which has few competitive offerings. With this Investment we launch the expansion plans towards creating the Global leading Scintillator Company." , comments Jarkko Penttilä, Partner at Conor.

"As the first external investor in Scint-X, we have followed the company during the development phase over a couple of years. Our further investment shows our strong belief in Scint-X and its unique Scintillator technology.", comments Martin Gemvik, Investment Manager at STING Capital.

For more information please visit Scint-X web site at www.scint-x.com

Press release Kista Science City