Lund, December 23rd, 2009 - Anoto today announced that it has entered into a strategic cooperation with the Korean company TStudy Co., Ltd. and its subsidiaries. As part of the cooperation Anoto will deliver digital pens, pattern, technology and licenses. Anoto has signed a contract worth 3.0 MUSD with the TStudy business group of which an initial order worth 1.5 MUSD has been received. The cooperation will target the education and publishing sector and the initial focus will be on the Korean market. For more information: Anders Norling, CEO Anoto Group AB +46 733 45 14 98 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 03.30 p.m. on December 23rd, 2009. About 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. 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
Anoto enters into strategic cooperation with Korean company TStudy Co., Ltd and signs contract worth 3.0 MUSD
| Source: Anoto Group AB