C Technologies subsidiary Anoto is provided with SEK 600 million in financing

C Technologies' subsidiary Anoto is provided with SEK 600 million in financing C Technologies' subsidiary Anoto AB is implementing a new share issue that will provide Anoto with approximately SEK 600 million. The Mexican group PenMex (SEK 400 million), a major Swedish insurance company (SEK 50 million) and C Technologies (SEK 150 million) have subscribed for the new shares. The new share issue is based on Anoto being valued at SEK 2,1 billion before the new share capital. Approximately fifty percent of C Technologies' investment is set off against a loan to Anoto and the remainder constitutes a new investment. The form in which C Technologies will finance the new investment in Anoto has not yet been finalised. PenMex represents owners and industrial partners with stakes in Mexican mobile phone operators and telecom distributors. Anoto and PenMex have signed an agreement regarding implementation of the Anoto concept in the Latin American market. "The management estimates that these investments fully meet the capital requirements to finance Anoto until a positive cash flow is achieved, which is expected to occur in 2003. As a major owner constellation, PenMex provides the necessary capital contribution to ensure this as well as a speedy and effective entry to a new important and strategic market", says Christer Fåhraeus, President, Anoto AB. Anoto is prior to the implementation of the new share issue, owned by C Technologies (70%) and Ericsson (30%). Subsequent to the new share issue the ownership structure is the following: C Technologies 60%, Ericsson 23%, PenMex 15% and a major Swedish insurance company 2%. The participating interests have been shown irrespective of dilution due to outstanding warrants. Payment of the subscription shall be effected in full during the month of October. Interested parties are invited by C Technologies' subsidiary Anoto to a telephone conference on 24.9.2001 at 2.00 p.m. Tel: + 44 20 8781 0598 Code name: C Technologies For more information please contact: Charlotte Laveson Director PR & Information Anoto AB +46 733 478 620 Anototm was founded in Lund, Sweden in late 1999 as a subsidiary of C Technologies AB. The company Anoto currently has about 180 employees working in offices in Lund, Stockholm, Boston, Tokyo and Hong Kong. Ericsson holds a minority stake in Anoto and is also represented on the board. www.anoto.com C Technologies AB (publ) was founded in 1996 and is a well-established Swedish high-technology company. C Technologies holds cutting-edge expertise in the fields of digital camera technology, image processing. The C Technologies Group, which also comprises the subsidiaries Anoto AB and WeSpot AB, currently has about 300 employees and offices located in Lund, Stockholm, Atlanta, Boston, Tokyo and Hong Kong. Major shareholders include company founder Christer Fåhræus, State Street Bank, Ericsson Mobile Communications and SEB Fonder. C Technologies' share is listed on the O-list of the OM Stockholm Exchange (Attract 40). www.ctechnologies.se A global de facto standard for digital paper Anoto is currently creating a global de facto standard for digital paper. Anoto thereby unites one of mankind's most preferred ways of communicating, pen and paper, with the tremendous power of the digital world. This combination is Anoto functionality. There are several underlying technologies behind Anoto functionality, such as pen technology, server technology and paper technology as well as Bluetoothtm communication. It is all these technologies that make Anoto functionality as intuitive, spontaneous and individual as possible for the end user. Anoto functionality makes sure that pen and paper remains pen and paper even when digital services are available. A network of partners Anoto is establishing the de facto standard through a network of partners from a wide range of industries: Mobile phone industry, traditional pen and paper industry, operators, software developers only to mention some. Till now, Anoto has established about 50 partnerships in Europe, USA and Asia. Ordinary pen and paper, yet more... Anoto functionality turns handwritten notes, doodles and sketches digital. A pattern, almost invisible to the naked eye, is printed on to ordinary paper. A digital pen enabling Anoto functionality reads the pattern and can thereby determine its' position and copy the pen movement. The information can then via a Bluetoothtm communication node (e.g. a mobile phone) be sent to any computer, mobile phone, PDA, fax or information bank. Specific commands or functions can also be assigned to a certain area of the paper, thanks to the Anoto pattern. This enables services such as retrieving information or placing an order directly from a mail order catalogue, newspaper or magazine using the digital pen enabling Anoto functionality. Press release 24/09/2001 C Technologies' subsidiary Anoto signs MoU with PenMex to establish the Anoto concept in Latin America C Technologies' subsidiary Anoto has signed a Memorandum of Understanding with PenMex regarding sales, marketing and development of the Anoto concept in the Latin American market. The Mexican investment group PenMex is composed of well known industrialists in Mexico with stakes in Mexican mobile phone operators and telecom distributors. "PenMex will provide us with a powerful channel to enable rapid and effective establishment of the Anoto functionality in a heavily populated part of the world where the number of mobile phone users is increasing at a fast rate", says Christer Fåhraeus, President, Anoto AB. The agreement means that PenMex will bear the costs for marketing, sales, technical adaptation, establishment and current expenses in Latin America. PenMex obtains an exclusive distribution agreement in respect of products with Anoto functionality to customers in Latin America. PenMex will use its network, resources and knowledge of the market to quickly establish agreements and create volumes with the largest mobile phone operators. Half the gross margin from products and user based sales will go to Anoto AB. Anoto has the right to elect two members to the Board of Directors. For more information please contact: Charlotte Laveson Director PR & Information Anoto AB +46 733 478 620 Anototm was founded in Lund, Sweden in late 1999 as a subsidiary of C Technologies AB. The company Anoto currently has about 180 employees working in offices in Lund, Stockholm, Boston, Tokyo and Hong Kong. Ericsson holds a minority stake in Anoto and is also represented on the board. www.anoto.com C Technologies AB (publ) was founded in 1996 and is a well-established Swedish high-technology company. C Technologies holds cutting-edge expertise in the fields of digital camera technology, image processing. The C Technologies Group, which also comprises the subsidiaries Anoto AB and WeSpot AB, currently has about 300 employees and offices located in Lund, Stockholm, Atlanta, Boston, Tokyo and Hong Kong. Major shareholders include company founder Christer Fåhræus, State Street Bank, Ericsson Mobile Communications and SEB Fonder. C Technologies' share is listed on the O-list of the OM Stockholm Exchange (Attract 40). www.ctechnologies.se A global de facto standard for digital paper Anoto is currently creating a global de facto standard for digital paper. Anoto thereby unites one of mankind's most preferred ways of communicating, pen and paper, with the tremendous power of the digital world. This combination is Anoto functionality. There are several underlying technologies behind Anoto functionality, such as pen technology, server technology and paper technology as well as Bluetoothtm communication. It is all these technologies that make Anoto functionality as intuitive, spontaneous and individual as possible for the end user. Anoto functionality makes sure that pen and paper remains pen and paper even when digital services are available. A network of partners Anoto is establishing the de facto standard through a network of partners from a wide range of industries: Mobile phone industry, traditional pen and paper industry, operators, software developers only to mention some. Till now, Anoto has established about 50 partnerships in Europe, USA and Asia. Ordinary pen and paper, yet more... Anoto functionality turns handwritten notes, doodles and sketches digital. A pattern, almost invisible to the naked eye, is printed on to ordinary paper. A digital pen enabling Anoto functionality reads the pattern and can thereby determine its' position and copy the pen movement. The information can then via a Bluetoothtm communication node (e.g. a mobile phone) be sent to any computer, mobile phone, PDA, fax or information bank. Specific commands or functions can also be assigned to a certain area of the paper, thanks to the Anoto pattern. This enables services such as retrieving information or placing an order directly from a mail order catalogue, newspaper or magazine using the digital pen enabling Anoto functionality. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2001/09/24/20010924BIT00610/bit0001.doc http://www.waymaker.net/bitonline/2001/09/24/20010924BIT00610/bit0001.pdf