LUND, Sweden, May 14, 2004 (PRIMEZONE) -- Anoto's partner and main UK distributor Destiny Wireless is awarded an order for 5000 Anoto enabled digital pens for enterprise use and form solutions systems by the Cobra Group, a global service provider in direct sales and marketing with offices in 20 countries. The order is worth about GBP 2 million to Destiny Wireless.
The order awarded to Destiny Wireless valued at about GBP 2 million is comprised of monthly royalty fees per digital pen.
The major part of Anoto's share of the order in the form of pre-paid royalties from Destiny Wireless has previously been announced.
For more information on Destiny Wireless' agreement with the Cobra Group please visit: www.anotogroup.com/navigate.asp?pageId=56&categoryID=10
For more information: Orjan Johansson Charlotte Laveson CEO Director PR Anoto Group AB Anoto Group AB +46 733 451208 +46 733 478620
Anoto Group AB is a Swedish hi-tech company with unique solutions for transmission of handwritten text from paper to digital media and scanning of printed text. All products are based on digital camera technology and image processing in real time. The Anoto Group today has two 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 and C-Pen(R) -- a scanning pen that can store, interpret and transfer printed text. The Anoto Group has around 120 employees, offices in Lund (head office), Stockholm, Boston, Tokyo and Hong Kong. Major shareholders are Ericsson, Capital Group and Logitech International S/A. 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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