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Press Release

Stockholm, Sweden (10 May 2019) -- MIPS, the leading brain protection system company, today announces its partnership with Swedish industrial safety company, Guardio, and the development of the first MIPS-equipped industrial safety helmet, slated for release this month.

According to the Centers for Disease Control and Prevention (CDC), “the construction industry has the greatest number of both fatal and nonfatal traumatic brain injuries (TBIs) among U.S. workplaces.” It further states that from 2003 - 2010, 25% of all construction fatalities were caused by a TBI.

By partnering with MIPS to create the Armet helmet, Guardio is poised to build a safer environment for workers around the world.

The MIPS brain protection system is designed to reduce the rotational motion transmitted to the brain from angled impacts to the head. Rotational motion can affect the brain and increase the risk for minor and severe brain injuries. MIPS’ added protection system has been proven to reduce the rotational motion when implemented in a helmet by absorbing and redirecting energies and forces otherwise transmitted to the brain.

“We are very excited about the partnership with Guardio which means that we now can add protection to safety helmets as well,” says Max Strandwitz, CEO of MIPS. “This is a new category for us but a category that MIPS have been looking at for a long time. Guardio is a partner that shares our values and we are looking forward to when the helmet will be released on the market.”

The Guardio Armet MIPS helmet will be available starting in June 2019. To find out more, visit www.guardiosafety.com.

About MIPS

MIPS specializes in helmet-based safety and protection of the brain. Based on an ingredient brand model, MIPS Brain Protection System (BPS) is sold to the global helmet industry. MIPS solutions are patented in all relevant markets and are based on more than 20 years of research and development together with the Royal Institute of Technology and the Karolinska University Hospital in Stockholm, Sweden. MIPS is the world leader in this field and cooperates with 78 helmet brands that offer 448 models equipped with MIPS BPS on the global helmet market.

The company's headquarters, with 29 employees in research and development, sales, marketing, and administration is located in Stockholm together with the test facility. For more information, visit www.mipsprotection.com.

About Guardio

Guardio specializes in personal protection equipment specially designed for workers in the industrial and heavy-duty environments. After the launch of the Guardio active noise cancelling hearing protection we are determined to continue our strategic partnerships with world leading providers and continue improving our offering. Guardio’s mission is to elevate our customers’ safety equipment to the highest possible safety and performance. We achieve this by embracing innovative solutions, new modern research and high focus on user experience.

For more information, please contact:

Greg Fisher, Senior Account Director

greg@truecommunications.com

Marcus Lindgren

marcus.lindgren@mipsprotection.com

Nawar Toma

toma@guardiosafety.com