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06 Nov, 2019

Bioservo’s distributor Rhino Assembly receives an order on Ironhand® worth half a million SEK

Bioservo’s distributor in the United States, Rhino Assembly receives an order on Ironhand® worth half a million SEK from a company within the digital industrial sector. 

Bioservo and Rhino Assembly signed a distribution agreement for selling the all-new Ironhand on the American market in August 2019. Rhino Assembly’s mission is to identify and deliver the world’s most innovative assembly solutions reflective of Industry 4.0 and beyond to their customers with focus on building better quality products while maintaining a safe environment for their workers.

“We are happy to receive our first Ironhand order of this size and we look forward to continue our work with Bioservo as we believe there is high potential for Ironhand in the US market. By offering Ironhand to our customers, we can support them with ergonomics and prevention of strain injuries and continue to keep human input in the process.“ says Dan Brooks, CEO Rhino.

Petter Bäckgren, CEO Bioservo, commented: “This order is a great recognition of our technology and Ironhand as a product. We are happy to be working with an experienced company like Rhino and are convinced that they are a great partner for us when we now market Ironhand on the US market.”

For more information, please contact
Petter Bäckgren, CEO of Bioservo Technologies AB
Phone: +46 (0)8 21 17 10

petter.backgren@bioservo.com

About Rhino Assembly

Rhino Assembly is a company within the Rhino Tool House family of brands. Rhino Tool House is a versatile organization that has the capability to both service and manage your project needs. With an eye to the future and a service minded approach, they focus on developing a deeper understanding of their customers’ needs and building strong partnerships with their suppliers. This focus has allowed them to continuously educate their team on the latest innovative technologies while being able to match manufacturing and industry 4.0 solutions to the exact needs of the customers.

About Bioservo Technologies
Bioservo Technologies AB (publ) is a technology and development company that combines medical science with modern robotics. The company holds a leading global position within soft exoskeleton technology – wearable non-invasive devices – for people in need of extra power to optimize the body’s endurance and performance, or 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 Hospital. Bioservo Technologies is a Swedish public limited company with headquarters in Stockholm.

FNCA Sweden AB, +46(0)8 528 00399, info@fnca.se is the Company’s Certified Adviser on Nasdaq First North Growth Market.

For more information, please visit www.bioservo.com