TerraNet secures order from an existing customer for commercial offline application
TerraNet has today signed a product development contract and received a new customer order of 2.2 MSEK. The project entails the development of a product involving the integration of Terranet's embedded software into an existing customer’s hardware. The customer is a multinational conglomerate, recognized as a global leader in the highend market for a range of intercom solutions. This project will result in the development of a product scheduled for launch on the global market within the next two years with subsequent licensing revenues for Terranet. "In line with our strategic vision,