Anoto establishes new agreement with Deutsche Telekom worth approximately 1.4 MUSD
26 October 2021 - 5:45PM
Anoto establishes new agreement with Deutsche Telekom worth
approximately 1.4 MUSD
Anoto Group AB (“Anoto” or the “Company”) today announces that
it has signed a two-year license agreement with Deutsche Telekom AG
(Deutsche Telekom). The Agreement means that the framework within
which Anoto and Deutsche Telekom have collaborated to meet the
needs of Deutsche Telekom’s customers continues. Deutsche Telekom
has successfully deployed and will continue to deploy Anoto’s
technology platform (pens, patterns and software) for two more
years for its customers. The total transaction value of the
agreement is approximately 1,400,000 USD.
“Deutsche Telekom has been a valuable customer,
and we are pleased with the continuing partnership and with them,”
says Perry Ha, CEO of Anoto.
For further information, please contact:
Perry Ha, CEO, Anoto Group AB
For more information about Anoto, please visit
www.anoto.com or email ir@anoto.com
This information is information that Anoto Group AB (publ) 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, on October 26, 2021 at 08:45
CET.
About Anoto
Group
Anoto is a publicly held Swedish technology
company known globally for innovation in the area of
information-rich patterns and the optical recognition of those
patterns. It is a leader in digital writing and drawing solutions,
having historically used its proprietary technology to develop
smartpens and related software. These smartpens enrich the daily
lives of millions of people around the world. Anoto currently has
three main business lines: Livescribe retail, Enterprise Forms and
OEM. Anoto also owns Knowledge AI, a leading AI based education
solution company, as its majority-controlled subsidiary. Anoto is
traded on the Small Cap list of Nasdaq Stockholm under ANOT.
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