Scint-X Raises SEK 5 Million in Growth Capital from Praktikerinvest

Kista, Sweden - April 23, 2012 Scint-X, the developer of a novel and unique x-ray scintillator device based on its patented structured scintillator technology, announced that it has raised SEK 5 million in growth capital through a private placement to Praktikerinvest AB, a subsidiary to Praktikertjänst AB. In the previous investment round, Conor Venture Partners and Sting Capital invested a total of SEK 10 million.

Scint-X has its technology roots at KTH Royal Institute of Technology in Sweden. The company has developed a patented scintillator technology to serve the x-ray industry with significantly higher resolution and image quality.

The funds will be used to further develop ongoing projects with international customers and to build up high-volume manufacturing capacity in Kista, Sweden. In addition, the patented technology will be developed further.

For more information please visit Scint-X at www.scint-x.com or contact:  Mikael Andersson, CEO at Scint-X: mikael.andersson@scint-x.com , +46 70 515 2600 Björn Svanström, CEO at Praktikerinvest: bjorn.svanstrom@ptj.se, +46 70 274 1832

Scint-X develops and markets a technology for enhancing the performance of x-ray digital imaging detectors, based on its patented and innovative structured scintillator technique. Scint-X enables its customers to build x- ray systems with unprecedented image quality and with very high resolution. For more information, please visit www.scint-x.com