PRESS RELEASE

MLS Innovation Inc announces its entry into the wearables market.

MLS enters the market with 2 devices, a smart bandwith 1.14” color touchscreen and a smart watch with 1.3" color touch screen and 2.5D curved glass.

Both devices support fully Greek characters in displaying application alerts and are compatible with Android and iOS devices. They feature a few sensors related to digital wellness and inform the user on the steps he has taken, how many calories he has consumed, his heart rate, the oxygen level in his blood and the quality of his sleep.

MLS ultimate goal is to integrate the new category into the ecosystem of its digital artificial intelligence platform MAIC, with the digital assistant expanding its activities beyond the static field of home or office, as in the case of the Play Store application.

The wearables market is one of the most dynamically growing markets in the world. It started as a market with a limited number of devices targeting mainly early adopters. However, according to IDC, it is evolving into a mass market with high demand and a projected compound annual growth rate (CAGR) of 22.4% by 2023.