Anoto Group AB’s subsidiary, Logipard, signs another contract for video technology

Anoto’s subsidiary for video technology and ASIC development, Logipard, has signed a new contract with a global manufacturer of mobile phone platforms.

The contract concerns development of IP blocks for mobile phones and is estimated to generate NRE revenues of approximately 7 MSEK during 2009, as well as future royalty. The royalty payments are estimated to start late 2010.

Anoto's ASIC (Argus) is used in camera products, and Anoto's Multistandard video codec IP blocks have been used previously in a number of mobile phone platforms.

” This is a substantial contract for our subsidiary and a proof of our unique competence within video technology,” says Anders Norling, CEO at Anoto Group AB.


For more information:

Anders Widesjö, CFO
Anoto Group AB
+46 733 45 12 34

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 08.30 on December 2nd, 2008.