LUND, Sweden, Sept. 24, 2002 (PRIMEZONE) -- At today's Extraordinary General Meeting of Anoto Group it was unanimously resolved to approve the Board's decision to implement a new share issue with preferential rights for present shareholders and the pertaining adjustment of the capital limits specified in the Articles of Association.
Fully subscribed the issue will provide Anoto Group with about SEK 207 million before deduction for issue expenses. Each three shares held entitle the holder to subscribe for one new share at a price of SEK 8. The subscription period is October 4 - 24, 2002. Last day of trading in shares including the right to take part in the new issue is Wednesday September 25, 2002.
"Work on the new issue is proceeding entirely according to plan. We feel very comfortable about the fact that major shareholders and new investors are behind us, having declared their intent to subscribe for at least 60 per cent of the new issue," said Christer Fahraeus, CEO, Anoto Group AB.
In connection with the general meeting a demonstration of Logitech io, PC manufacturer Logitech's digital pen with Anoto functionality for PC, was demonstrated. The digital pen, Logitech io, will be marketed in the US and on selected markets in Europe starting November 2002.
Logitech is Anoto's second partner to commercially launch a digital pen enabling Anoto functionality.
In addition to Logitech io also Chatpen, Sony Ericsson's digital pen enabling Anoto functionality, and a selection of C Technologies' products for example C-Pen 10, were demonstrated.
For more information please contact: Christer Fahraeus Charlotte Laveson CEO Director PR Anoto AB Anoto AB +46 733 45 12 05 +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 300 employees, offices in Lund (head office), Stockholm, Boston, Tokyo and Hong Kong. Major shareholders are Ericsson, Capital Group and the founder Christer Fahraeus. 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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