Related Party Transaction • Jul 9, 2015
Related Party Transaction
Open in ViewerOpens in native device viewer
LUND, 9 th July , 2015 —Anoto Group AB (publ.) extends exclusivity agreement with partner TStudy China Co Ltd. TStudy China is the leading provider of innovative solutions and online education platforms to the education industry and schools in China. It has designed and developed software and products based on Anoto's digital writing technology, which can be widely applied in education industry and other industries.
The agreement that was signed today is an extension to agreement that was signed on August 20, 2013. The exclusive distribution agreement is for 5 years subject to TStudy purchase of a minimum of 2 million pens over the exclusivity period. The exclusivity does not include applications within voting, census and people registration nor products sold by Anoto's large global OEM partners
Stein Revelsby CEO Anoto Group +46 733 45 12 05
Anoto Group AB (publ.) org. nr. 556532-3929 Traktorvägen 11 SE- 226 60 Lund Tel.: +46 46 540 12 00
Anoto Group AB is a global leader in digital writing solutions, which enables fast and reliable transmission of handwriting into a digital format. Anoto operates worldwide through a global partner network that delivers user-friendly digital writing solutions for efficient capture, transmission, distribution and storage of data. Anoto is currently in use across multiple business segments, e.g. consumer, healthcare, banking and finance, transportation and logistics and education. The Anoto Group has over 100 employees and is headquartered in Lund (Sweden). The company also has offices in Basingstoke and Wetherby (UK), Los Angeles and Boston (US) and Tokyo (Japan). The Anoto share is traded on the Small Cap list of Nasdaq Stockholm under the ticker ANOT.
For more information, please visit: www.anoto.com.
Follow Anoto on Twitter at: @Anoto
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.