LUND, Sweden, Jan. 20, 2004 (PRIMEZONE) -- Anoto receives a first phase order in China for Euro 1,1 million, for licenses to manufacture digital pens enabling Anoto functionality and for server software, comprising in addition current engineering costs. The order also involves also future royalties on digital pens and revenue sharing from service proceeds. USYS, the China-based company having entered the agreement with Anoto, will both manufacture and sell digital pens as well as develop and sell services enabling Anoto functionality.
USYS, having succeeded to the role that AiNiDo started up in China, today has approximately 60 employees dedicated to Anoto functionality and located in three key regions within China for the business of digital pens and services enabling Anoto functionality. "China is a vital market, and in the long run possibly one of the most important since China is developing very fast in the area of information technology. Over the past few months, USYS has developed a professional organisation that is well adapted for establishing Anoto functionality in the China market", says Orjan Johansson, CEO, Anoto Group AB. "Anoto functionality is suitable for both mobile and PC applications. Getting information directly from paper to the digital world is valuable in China since typing Chinese on a keyboard is very complicated and time consuming. Anoto functionality creates efficiencies throughout the value chain for enterprises as well as consumers across all market segments", says Mr. Liu Enxin, Chairman, USYS.
For more information: Orjan Johansson Charlotte Laveson Liu En Xin Jean Zhang CEO PR Chairman & CEO Assistant to CEO Anoto Group AB Anoto Group AB USYS Digital Technology USYS Digital Tech P: +46 733 45 12 08 P: +46 733 47 86 20 P: +86 10 84585858 P: +86 10 84583025 USYS Digital Technologies Co. Ltd USYS Digital Technologies Co. Ltd is an integrated high technology and science company committed to the popularization of Anoto digital pen and paper functionality in Mainland China. USYS has subsidiaries in Beijing, Shanghai, Shenzhen, Jinan and Chengdu, which provide products and service to consumers in all fields. The USYS business scope primarily involves the manufacturing and marketing of digital pen and paper featuring Anoto functionality, wireless virtual telecommunication services and integrated solutions for various industries throughout China. 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 160 employees, offices in Lund (head office), Stockholm, Boston, Tokyo and Hong Kong. Major shareholders are Ericsson, Logitech International S/A and Capital Group. 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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