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Intelligent Bio Solutions and Spjotgard Drive Rapid Adoption of Fingerprint Drug Testing Across Scandinavia

1. INBS partners with Spjotgard, enhancing drug screening in Scandinavia. 2. Growing demand for fingerprint testing amid shifting preferences from invasive methods. 3. INBS technology offers rapid results, appealing to HR and safety managers. 4. Scandinavia leads in progressive drug testing policies, boosting INBS's market potential. 5. Spjotgard targets Norway for further growth, leveraging regional market relationships.

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Why Bullish?

The partnership with Spjotgard and expanding market presence position INBS favorably for growth. Historical performance shows increased market penetration typically correlates with stock price increases.

How important is it?

The positive developments in strategic partnerships and increasing market adoption highlight INBS's potential to capture growth in key sectors, making the news relevant and impactful.

Why Long Term?

Sustained market expansion and strategic partnerships like with Spjotgard indicate long-term growth potential. Similar partnerships in other markets have historically increased INBS's competitiveness over time.

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SPJOTABTMCK
NEW YORK, June 25, 2025 (GLOBE NEWSWIRE) -- Intelligent Bio Solutions Inc. (Nasdaq: INBS) ("INBS" or the "Company"), a medical technology company delivering intelligent, non-invasive drug screening solutions, today announced the success of its ongoing partnership with Spjotgard, an established distributor serving the Scandinavian market. The collaboration is accelerating the adoption of the Intelligent Fingerprinting Drug Screening System across Sweden, Norway, and Denmark, with a growing interest in Finland. Spjotgard, founded in 2021 by a team with deep pharmaceutical expertise, has rapidly developed a strong regional footprint, positioning INBS' fingerprint drug testing technology as its flagship solution in response to rising demand for modern, dignified approaches to drug testing. "From the very beginning, we've seen strong interest in fingerprint-based testing across the region," said Hans Svensson, joint owner of Spjotgard. "Traditional methods like saliva and urine are still common, but our customers, especially in workplace safety and education, are seeking more hygienic, easy to use and less invasive alternatives. Fingerprint drug testing delivers that while delivering comparable levels of accuracy, saving time and reducing disruption." INBS’ Drug Screening System is primarily used for random testing, post-incident investigations, and for-cause testing scenarios. Customers appreciate its simplicity and reduced discomfort compared to traditional urine tests, which require invasive observation. INBS’ Drug Screening System is used across logistics, construction, warehousing, education, and the criminal justice sector. In Sweden, growing concern about drug driving incidents and drug misuse among youth is leading organizations to explore more proactive testing strategies. Spjotgard's presence in the region continues to expand through strategic collaborations with providers of drug-detection dogs and alcohol testing services. This includes a partner that has manufactured and sold evidential alcohol testing instruments to judicial authorities, primarily in the Nordic countries, as well as entry systems for companies with automatic alcohol checks. Spjotgard is actively engaged in customer demonstrations and industry events, primarily in Sweden. Spjotgard sees significant potential in Norway and plans to aggressively target this region in the months ahead. "Scandinavia is setting a high standard in progressive drug testing policy, particularly Sweden, which is often seen as a model for neighboring countries," said Doug Heath, Vice President of Global Sales at Intelligent Bio Solutions. "Spjotgard's strong market knowledge and trusted relationships make them a valuable partner as we continue to scale across Northern Europe." INBS' Drug Screening System enables rapid, on-site drug screening using fingerprint sweat, with results delivered in under 10 minutes. Unlike traditional methods that require supervision, third-party administration, or removing staff from the job, INBS' Drug Screening System offers a discreet and efficient solution that is quickly gaining favor among HR teams, health and safety managers, and union representatives in Scandinavia. With over 450 accounts across 24 countries, INBS continues to advance the evolution of drug screening technology. INBS and Spjotgard are driving a global shift towards more progressive, dignified, and effective drug testing solutions that satisfy the needs of employers in Scandinavia and beyond. About Spjotgard Spjotgard is a Scandinavian distributor of workplace drug testing solutions, operating across Sweden, Norway, and Denmark. Founded in 2021 by five part-owners, the company offers strategic solutions to meet the safety and compliance needs of employers, educational institutions, and public sector agencies throughout the region. As a dynamic start-up, Spjotgard is dedicated to marketing and distributing innovative, high-quality, and market-leading products. Its carefully selected portfolio includes life science solutions and high-tech products for targeted sectors. With a blend of strategic insight and technical expertise, Spjotgard is positioned to deliver exceptional value to its partners and customers. About Intelligent Bio Solutions Inc. Intelligent Bio Solutions Inc. (NASDAQ: INBS) is a medical technology company delivering intelligent, rapid, non-invasive testing solutions. The Company believes that its Intelligent Fingerprinting Drug Screening System will revolutionize portable testing through fingerprint sweat analysis, which has the potential for broader applications in additional fields. Designed as a hygienic and cost-effective system, the test screens for the recent use of drugs commonly found in the workplace, including opiates, cocaine, methamphetamine, and cannabis. With sample collection in seconds and results in under ten minutes, this technology would be a valuable tool for employers in safety-critical industries. The Company’s current customer segments outside the US include construction, manufacturing and engineering, transport and logistics firms, mining, drug treatment organizations, and coroners. For more information, visit: https://www.ibs.inc Forward-Looking Statements:  Some of the statements in this release are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995, which involve risks and uncertainties. Forward-looking statements in this press release include, without limitation, Intelligent Bio Solutions Inc.'s ability to successfully develop and commercialize its drug and diagnostic tests, realize commercial benefit from its partnerships and collaborations, and secure regulatory approvals, among others. Although Intelligent Bio Solutions Inc. believes that the expectations reflected in such forward-looking statements are reasonable as of the date made, expectations may prove to have been materially different from the results expressed or implied by such forward-looking statements. Intelligent Bio Solutions Inc. has attempted to identify forward-looking statements by terminology, including "believes," "estimates," "anticipates," "expects," "plans," "projects," "intends," "potential," "may," "could," "might," "will," "should," "approximately" or other words that convey uncertainty of future events or outcomes to identify these forward-looking statements. These statements are only predictions and involve known and unknown risks, uncertainties, and other factors, included in Intelligent Bio Solutions' public filings filed with the Securities and Exchange Commission. Any forward-looking statements contained in this release speak only as of its date. Intelligent Bio Solutions undertakes no obligation to update any forward-looking statements contained in this release to reflect events or circumstances occurring after its date or to reflect the occurrence of unanticipated events. Company Contact:Intelligent Bio Solutions Inc.info@ibs.incLinkedIn | Twitter Investor & Media Contact:Valter Pinto, Managing DirectorKCSA Strategic CommunicationsPH: (212) 896-1254INBS@kcsa.com

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