LUND, Sweden, Jan. 26, 2004 (PRIMEZONE) -- Anoto receives an order valued at USD 18 million from a new Anoto partner. The order consists of prepaid royalty and license payments. Anoto expects the order to run for approximately three years and deliveries will be made continuously. Cash flow generated will be approximately USD 6.5 million during 2004 and USD 11.5 million during 2005.
"We regard this as a third application area for Anoto. It will complement today's areas of "personal productivity" and "forms". The new application area will bring a new dimension of interactivity to paper. We will announce the details of the partnership later this year," says Orjan Johansson, CEO, Anoto Group AB.
For more information: Orjan Johansson Charlotte Laveson CEO Director PR Anoto Group AB Anoto Group AB P: +46 733 45 12 08 P: +46 733 47 86 20
Anoto Group AB is a Swedish hi-tech company with unique solutions for transmission of handwritten text from paper to digital media, scanning of printed text and intelligent camera surveillance. All products are based on digital camera technology and image processing in real time. The Anoto Group today has three brand names: Anoto(R) -- a comprehensive solution entailing paper, pen and server technologies, allowing us to connect all types of writing paper with the digital world, C-Pen(R) -- a scanning pen that can store, interpret and transfer printed text, and WeSpot(TM) -- a hardware and software platform for intelligent camera surveillance. The Anoto Group has around 160 employees, offices in Lund (head office), Stockholm, Boston, Tokyo and Hong Kong. Major shareholders are Ericsson, Logitech International S/A and Capital Group. The Anoto share is traded on the O-list, Attract 40 of Stockholmsborsen (Stockholm Stock Exchange) under the ticker ANOT. For more information: www.anotogroup.com
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