Anoto receives large pen order and renews partner agreement with Infomax
Stockholm, April 8, 2019 - Anoto Group AB (Anoto) today announces that it has signed a new license agreement with Infomax Technologies Corporation (Infomax) and received an order for 1,700 pens. Infomax is a Canadian company based in Ontario, and their primary customers are in the healthcare and various Government sectors. Infomax is one of the large partners of Anoto since 2003 and recently signed a new agreement in accordance with our new pricing scheme.
"Infomax has been a heavy user of our technology and I am glad to see them join the ranks of a Platinum Partnership. The new license agreement structure is well established now and we are focusing on heavy users in order to provide better service for them," said Joonhee Won, CEO of Anoto.
The total transaction value is approximately USD 335,000 for pens and license fees. Infomax uses its own proprietary software. The delivery of the pens is expected to be in April 2019.
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, Flaggan 1165, SE-116 74 Stockholm
The information was submitted for publication, through the agency of the contact person set out above, at 07:30 CET on April 8, 2019.
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 the related software. These smartpens enrich the daily lives of millions of people around the world. Now Anoto is a cloud based software solution provider based on its patented dot pattern technology which provides a methodology for accumulating digital big data from analogue inputs. Anoto Cloud includes Anoto's four solutions: C.AI - the world's first AI solution for offline education; ACE - Anoto's new and improved enterprise forms solutions; aDNA - Anoto's secure interactive marketing solution; and Dr. Watson - Anoto's biometric authentication and security solution. Anoto is traded on the Small Cap list of Nasdaq Stockholm under ANOT.
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