Lund, August 4, 2016 - Anoto signed a new agreement in Japan with regards to the Japanese Insurance company project for 4000 pens and 6000 cradles. Total transaction value of the contract is over USD 1.5 million.
In addition, Anoto entered into a Technology Licensing and Cost Sharing contract for the existing LP2 Pro pen and the cradle sets for maintenance and service of the previous order. The transaction value of this contract is approximately USD 2 million.
"We are truly honored to be awarded additional pen and cradle contract, overcoming the difficulties in the production and subsequent delays. I would like to thank our Japanese partners who stood by us and worked with us to ensure success," said Joonhee Won, CEO of Anoto.
For further information, please contact:
Joonhee Won, CEO
For more information about Anoto, please visit www.anoto.com or email ir@anoto.com
Anoto Group AB (publ)Reg.No. 556532-3929,
Mobilvägen 10, SE- 223 62 Lund
Tel. +46 46 540 12 00
This information is information that Anoto Group 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 08:45 a.m. CET on 4 August 2016.
About Anoto
Anoto is a global leader in digital writing and drawing solutions. Its technology enables high-precision pen input on nearly any surface. Anoto is present around the world through a global network of strategic licensing partners that deliver user-friendly writing and drawing solutions for effective collection, transfer and storage of data. Anoto is traded on the Small Cap list of Nasdaq Stockholm under ANOT.
