Hitachi and Anoto initiate collaboration to evaluate joint business opportunities and develop services based on the Anot

Hitachi and Anoto initiate collaboration to evaluate joint business opportunities and develop services based on the Anoto concept Hitachi and Anoto Nippon K.K. have initiated collaboration to evaluate joint business opportunities. By combining the Anoto concept with Hitachi's integrated solutions and technologies including image solution technology, Hitachi will be developing new solutions resulting in unprecedented customer value. "We recognize that Anoto is a leading company with its innovative and epoch-making technology in the area of digital pen and paper. We are very delighted to have this opportunity to collaborate with Anoto to create highly value-added solutions and services to benefit our customers", says Junzo Nakajima, CEO of Government & Public Corporation Information Systems Division, Hitachi, Ltd. "There is a large business potential on the Japanese market for the Anoto concept together with innovative IT solutions provided by Hitachi. As one of the most prominent players in the IT area, Hitachi has both the development capacity and market position to implement new concepts effectively. Its broad expertise and large customer base form a strong base for new exciting business opportunities", says Mats Bruzaeus, President of Anoto Nippon K.K. "The global presence and competence of Hitachi as a world leader in a number of industrial segments makes this partnership highly valuable for Anoto. Specifically we see this as one of our most important partnerships for enterprise solutions as Hitachi has leading knowledge in form processing, OCR and ICR* for Japanese characters", says Christer Fåhraeus, CEO, Anoto AB. Hitachi and Anoto Nippon K.K. will in the coming months discuss and formulate their future co-operation in detail, laying the foundation for a long-term and mutually beneficial relation. The companies have the intention to jointly explore and cultivate new market opportunities in Japan and neighboring countries, utilizing each other's operations, technologies and business relations. *OCR- Optical character recognition ICR- Intelligent character recognition For further information, please contact: Christer Fåhraeus Mats Bruzaeus President & CEO President Anoto AB Anoto Nippon K.K. +46 733 45 12 05 +81 3 5774 1212 About Hitachi: Hitachi, Ltd., headquartered in Tokyo, Japan, is one of the world's leading global electronics companies, with fiscal 2000 (ended March 31, 2001) consolidated sales of 8,417 billion yen ($67.9 billion*). The company manufactures and markets a wide range of products, including computers, semiconductors, consumer products and power and industrial equipment. For more information on Hitachi, Ltd., please visit Hitachi's Web site at http://global.hitachi.com About Anoto Nippon: Anoto is a 100% owned subsidiary of Anoto AB. About Anoto AB: Anoto AB was founded in Lund, Sweden in late 1999 as a subsidiary of C Technologies AB, which is listed on the O-list of the OM Stockholm Exchange (Attract 40). The company currently has about 170 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. Anoto AB has created a de facto standard for digital paper. The concept is built around converting mankind's most common way of communicating, through pen and paper. Proprietary patterns, advanced image processing, Bluetooth wireless technology and an information infrastructure enables Anoto's system. Hand-written notes written on ordinary paper turn digital through the almost invisible Anoto pattern and can be sent directly through a computer, mobile phone, PDA, palm device or a fax. Even services such as paper- based digital orders can be handled with only pen and paper. www.anoto.com About C Technologies: C Technologies AB (publ) was founded in 1996 and is a Swedish well- established high-technology company with cutting-edge expertise within the fields of digital camera technology, image processing and digital pens. The Company's primary product is the C-Pen digital pen, which has received several important international awards for best IT product. The C-Pen scans, stores, processes and transmits text to a PC, either by infrared or by cable. The pen can also translate, send e-mail, SMS and facsimiles as well as reading barcodes. The C Technologies Group currently has about 320 employees and offices located in Lund, Stockholm, Atlanta, Boston and Tokyo. Major shareholders include company founder Christer Fåhraeus, 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). The Group also comprises the subsidiaries Anoto AB and WeSpot AB. For more information visit our web site: www.ctechnologies.se or www.cpen.com ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2001/08/23/20010823BIT00200/bit0002.doc http://www.waymaker.net/bitonline/2001/08/23/20010823BIT00200/bit0002.pdf