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1st Half 2020 Partner Update

Dear Finna Sensors Partners:

It has been a challenging first half of 2020. COVID-19 has been a tough foe, targeting those most vulnerable in our population. Finna Sensors met this challenge by doing our part to slow the spread of COVID by following the CDC guidelines. Recent surges in cases in the South and West should remind us all that this is not over.

From a business perspective, Finna Sensors hit a record for new orders in January through June (1st half). The NIR product line was +51% year over year. The RF line was up 348%. Now that the new website is up and running and OMNIR has been released, Finna Sensors expects the growth in orders to remain strong throughout 2020.

NIR Projects (not # of systems): Below are projects that were sold to various industries. Some of these projects had 4+ systems, so the number of sensors is much higher than what is shown here.

NIR Industry# Projects
Food/Ag2
Carpet1
Biomass2
Minerals1
Packaging4
Paint/Coatings1

RF Projects: The RF project for agriculture/food was for starch in silos. We insert an RF probe into the silo to monitor moisture levels. This has become a very interesting market niche. Production lines generally have multiple silos that must be monitored.

RF Industry# Projects
Ag/Food3
Gypsum1

Please reach out with any questions you might have regarding recent projects. We are excited about the future and look forward to working with you to meet our goals. There are a number of new and exciting product improvements being released in the coming months.

• Stainless steel enclosure for OMNIR (NIR)
• FDA-compliant OMNIR sensor for the food industry (NIR)

Best Regards,
Patrick Youssi