Anoto Group — M&A Activity 2008

Jun 2, 2008

PRESS RELEASE 2008-06-02

Anoto Group AB acquires routing technology

Anoto has signed a contract with software developer Covelus about acquiring the company's routing technology. According to the contract Anoto buys the source code for Covelus' router in order to further develop it and improve availability for future products.

Covelus routing technology is today used in Anoto's AFS –platform amongst others and is also widely used within Anoto's partner network. In the long run Anoto will continue to offer the partner network a further developed version of the router. The routing software enables the digital pen and paper technology to interact with different platforms and devices.

"By acquiring the routing technology we take a step further in the value chain and at the same time we improve the availability of the technology for our future AFS development. We also see a value in being able to offer our other network partners a further developed product", says Anders Norling, CEO of Anoto Group AB.

For more information:

Anders Norling, CEO Anoto Group AB +46 733 451498

Lars Hermansen, EVP Sales & Marketing Anoto Group AB +46 733 451210

Anoto Group AB may be required to disclose the information provided herein pursuant to the Securities Markets Act. The information was submitted for publication at 10.00 am on June 2nd, 2008.

Anoto Group AB

Anoto Group is the company behind and world leading in the unique technology for digital pen and paper, which enables fast and reliable transmission of handwritten text into a digital format. Anoto operates through a global partner network that focuses on user-friendly forms solutions for efficient capture, transmission and storage of data within different business segments, e.g. healthcare, bank and finance, transport and logistics and education. The Anoto Group has around 110 employees, offices in Lund (head office), Boston and Tokyo. .Among the major shareholders are Norden Technology A/S, Robur and SEB. The Anoto share is traded on the Small Cap list of the OMX Nordic Exchange in Stockholm under the ticker ANOT. For more information: www.anoto.com