Anoto Group AB acquires routing technology

Anoto has signed a contract with software developer Covelus about acquiring the company’s routing technology. According to the contract Anoto buys the source code for Covelus’ router in order to further develop it and improve availability for future products.

Covelus routing technology is today used in Anoto’s AFS –platform amongst others and is also widely used within Anoto’s partner network. In the long run Anoto will continue to offer the partner network a further developed version of the router. The routing software enables the digital pen and paper technology to interact with different platforms and devices.

”By acquiring the routing technology we take a step further in the value chain and at the same time we improve the availability of the technology for our future AFS development. We also see a value in being able to offer our other network partners a further developed product”, says Anders Norling, CEO of Anoto Group AB.

For more information:

Anders Norling, CEO
Anoto Group AB
+46 733 451498

Lars Hermansen, EVP Sales & Marketing
Anoto Group AB
+46 733 451210

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 10.00 am on June 2nd, 2008.