Additional information to previous press release regarding that Anoto’s subsidiary Knowledge AI Inc has entered into a subscription agreement with a University in South Korea
Due to Anoto Group AB (publ)’s (“Anoto” or the “Company”) press release regarding that Anoto’s subsidiary Knowledge AI Inc has entered into a subscription agreement for its education solution KAIT with Kyunghee University, in Seoul, South Korea, published on June 1, 2020, additional information on order value is provided.
The order value is between 28,000 and 50,000 USD and is based on revenue from licenses and sales of pens. The total order value will be determined by how many pens Kyunghee University orders from Knowledge AI Inc.
For further information, please contact:
Johannes Haglund, Chief of Staff
For more information about Anoto, please visit www.anoto.com or email firstname.lastname@example.org
The information was submitted for publication, through the agency of the contact person set out above, on June 1, 2020 at 15:00 CET.
About Anoto Group
Anoto is a publicly held Swedish technology company known globally for innovation in the area of information-rich patterns and the optical recognition of those patterns. It is a leader in digital writing and drawing solutions, having historically used its proprietary technology to develop smartpens and the related software. These smartpens enrich the daily lives of millions of people around the world. Now Anoto is a cloud based software solution provider based on its patented dot pattern technology which provides a methodology for accumulating digital big data from analogue inputs. Anoto Cloud includes Anoto’s four solutions: KAIT – the world’s first AI solution for offline education; ACE – Anoto’s new and improved enterprise forms solutions; aDNA – Anoto’s secure interactive marketing solution; and Dr. Watson – Anoto’s biometric authentication and security solution. Anoto is traded on the Small Cap list of Nasdaq Stockholm under ANOT.