Press release
Malmö, July 11th 2019

Arjo acquires equity stake in Atlas Lift Tech – a Silicon
Valley tech-company offering patient handling solutions
and real-time efficiency analytics
Today, Arjo has acquired substantial equity in Atlas Lift Tech, thereby gaining a seat on its
Board of Directors. Atlas, a Silicon Valley-based company, transforms the way in which caredelivery organizations deploy and manage comprehensive mobility programs through theirinnovative Lift Coach Model and Mobility Tracking Software Platform.
Atlas’ Lift Coaches integrate themselves into each healthcare facility and empower care providers
through bedside training methods, thereby reducing injuries and mitigating risks, while boostingoverall morale. Atlas’ proprietary software system, LiftTracker, is embedded into each facility toprovide real-time task tracking and scheduling. Together, the LiftTracker software and datacollection devices provide Big Data insights, leading to better patient handling processes andimproved clinical outcomes.
Patient mobilization and repositioning has been demonstrated as a safe and feasible manner of
improving clinical outcomes for patients and financial benefits to healthcare providers. Reduced
mobility can lead to a long line of negative side effects for patients, including lost muscle strength,pressure injuries, infection and an increased risk of falls, as well as despondency and depression.
“By combining our offering and Atlas’ solutions, we will help our customers address challenges ofmobility in an effective manner, while providing data and evidence for improved clinical outcomes.
This collaboration gives us a strong platform to offer a unique end-to-end solution, with the mutual
goal of reducing caregiver injuries and improving patient care, while creating efficiencies forhealthcare facilities. Further, we gain access to Atlas’ strong Silicon Valley network to help drive
innovations and new practices within patient handling and mobilization,” says Joacim Lindoff,
President & CEO of Arjo.
The improper mobilization of patients can come at a cost for healthcare professionals. A significant
cause of missed work days in hospital workers is related to overexertion or related movements,
including lifting, bending and reaching.* These movements are often performed during patient liftsand transfers, and can cause long-term health issues for care professionals and significant
inefficiencies for care facilities.
Established in 2009, Atlas is a dynamic company with a solid growth trajectory. During the thirdquarter of 2018, Arjo and Atlas began exploring the possibilities of gaining market share in the US
through the mutual goal of improving clinical outcomes through mobilization. The investment andcommercial collaboration is expected to have a positive impact on Arjo’s net sales, gross marginand earnings per share already in 2019, delivered by an increased growth within the Patient
Handling portfolio. There is a performance-based option for Arjo to acquire additional equity inAtlas.
“Arjo is a trusted partner with a strong reputation worldwide, and like Atlas, shares the goal ofoptimizing the care experience for patients and caregivers. Together with Arjo’s market leading
equipment and clinical expertise, and Atlas’ operational precision and innovative technology, we
can now develop the next generation Mobility Program. We will assist clients and care staff toattain proven and effective practices, while improving patient safety. This will give a platform toproduce a thriving and sustainable culture of safety, where customers will not have to choose
between caregiver and patient safety,” adds Eric Race, President & Founder of Atlas.
The transaction is subject to customary closing conditions.
*OSHA, 2011

About Atlas
Founded in 2009, Atlas Lift Tech is transforming the way care delivery organizations nationwide
deploy and manage safe patient handling and mobility (SPHM) programs. Atlas provides provenand effective practices that reduce caregiver injury, promote patient safety, and produce a thriving
and sustainable culture of safety. Working together with a facility's interdisciplinary team, Atlasidentifies opportunities for integration of an SPHM program customized to the unique requirementsof each facility. www.atlaslifttech.com.
For further information, please contact:
Kornelia Rasmussen, Marketing Communications & Public Relations
Tel: +46 (0)10 335 4810
Email: kornelia.rasmussen@arjo.com
Saloni Deva, Corporate Communications & Investor Relations
Tel: +46 (0)10 335 4867
Email: saloni.deva@arjo.com
Jenna Lindgren, Head of Sales & Marketing at Atlas Lift Tech
Tel: 925 271 9020
Email: jlindgren@atlaslifttech.comThis information is information that Arjo AB is obliged to make public pursuant to the EU Market Abuse Regulation. The
information was submitted for publication, through the agency of the contact person set out above, at 07:45 CET on July 11
2019.

About Arjo
At Arjo, we are committed to improving the everyday lives of people affected by reduced mobility and age-related healthchallenges. With products and solutions that ensure ergonomic patient handling, personal hygiene, disinfection, diagnostics,
and the effective prevention of pressure injuries and venous thromboembolism, we help professionals across careenvironments to continually raise the standard of safe and dignified care. Arjo has approximately 6,000 employees
worldwide and customers in over 100 countries. In 2018, Arjo sales amounted to approximately SEK 8.2 billion. Arjo is listedon Nasdaq Stockholm and its head office is located in Malmö, Sweden. Everything we do, we do with people in mind.
www.arjo.com.