Distribution agreement and First RayStation® order in Thailand

RaySearch Laboratories AB (publ.) has entered into a long-term distribution
agreement with Kamol Sukosol Electric Co. (KEC), in Bangkok, Thailand. The
agreement means that KEC resumes full responsibility for marketing, sales and
service of RaySearch’s proprietary treatment planning system RayStation® on the
Thai market.

KEC is a leading distributor of a radiation therapy equipment in Thailand, and
represents a wide range of international radiation therapy equipment suppliers
since more than 30 years.

The agreement has already resulted in the first RayStation® order in Thailand
from Lopburi Cancer Hospital in the Mueang District.

“We are very excited about representing RaySearch in Thailand. Our partnership
with Raysearch Laboratories aligns with our commitment to providing cutting edge
radiation therapy solutions to the Thai market. We look forward to a successful
long term partnership with RaySearch”, says Daranee Sukosol Clapp, Executive
Vice President, Kamol Sukosol Electric Co.

“Kamol Sukosol Electric Co. is a leading distributor of radiation therapy
equipment on the Thai market so we are delighted that we have formed this
partnership and we will now work together to serve Lopburi Cancer Hospital and
hopefully many more Thai clinics. We have now received RayStation® orders from
19 different countries around so we have become firmly established as a global
supplier of radiation therapy software”, says Johan Löf, CEO of RaySearch.

About RayStation®

RayStation® integrates all RaySearch’s advanced treatment planning solutions
into a flexible treatment planning system. It combines unique features such as
multi-criteria optimization tools with full support for 4D adaptive radiation
therapy. It also includes functionality such as RaySearch’s market-leading
algorithms for IMRT and VMAT optimization and highly accurate dose engines for
photon, electron and proton therapy. The system is built on the latest software
architecture and has a graphical user interface offering state-of-the-art
usability.

About RaySearch

RaySearch Laboratories is a medical technology company that develops advanced
software solutions for improved radiation therapy of cancer. RaySearch markets
the RayStation® treatment planning system to clinics all over the world. In
addition, RaySearch’s products are distributed through licensing agreements with
leading medical technology companies such as Philips, Nucletron, IBA, Varian and
Brainlab. To date, 15 products have been launched via partners and RaySearch’s
software is used by over 2,500 clinics in more than 65 countries. RaySearch was
founded in 2000 as a spin-off from Karolinska Institute in Stockholm and the
company is listed in the Small Cap segment on Nasdaq Stockholm.

For more information about RaySearch, visit www.raysearchlabs.com

For further information, please contact:

Johan Löf, President and CEO, RaySearch Laboratories AB (publ)

Telephone: +46 (0)8-545 061 30

johan.lof@raysearchlabs.com