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Anoto completes Phase I of Pens and Cradles in Japan on June 24th

20-06-16 kl. 20/6 2016 08:47 | Anoto Group 0,43 (+4,88%)

Lund, June 20, 2016 - Anoto Group AB (publ) will successfully manufacture and
deliver phase I target pens and cradles for the long delayed Japanese insurance
company project to its Japanese partners on June 24th. This was the largest
transaction by Anoto and there were technical difficulties which caused project
delays.

Anoto is expected to successfully conclude in Q2 the Phase I of the project
which entails 25,900 pens and cradles. Phase II will conclude in July/August
which includes remainder 2,727 pens and a new order of additional 4000 pens.

"I am truly glad to finish Phase I of this project and the strong cooperative
relationship among Anoto and its Japanese partners made this possible. Given
the stature of our ultimate customer, the Japanese life insurance company, this
project was extremely important for us. I would like to especially thank our
engineering team who spent almost every night talking to our factory in China
and our Japanese partners," said Joonhee Won, the CEO of Anoto.

For further information, please contact:

Joonhee Won, CEO

For more information about Anoto, please visit www.anoto.comor email
[email protected]


Anoto Group AB (publ)Reg.No. 556532-3929,
Mobilvägen 10, SE- 223 62 Lund
Tel. +46 46 540 12 00


About Anoto
Anoto is a global leader in digital writing and drawing solutions. Its
technology enables high-precision pen input on nearly any surface. Anoto is
present around the world through a global network of strategic licensing
partners that deliver user-friendly writing and drawing solutions for effective
collection, transfer and storage of data. Anoto is traded on the Small Cap list
of Nasdaq Stockholm under ANOT.




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