Axis signs license agreement for print server software


Axis signs license agreement for print server software

Axis announced today an agreement with one of its OEM partners to license Axis'
print server software. The agreement includes a one-time license fee of about 2
MUSD. It will have a positive impact on sales in the Asia region and will be
reported in the Print product area.

There are two subsegments in the Print product area: branded sales of print
products under Axis own brand and OEM (Original Equipment Manufacturing) sales
to print manufacturers.  
This current license agreement is with an OEM partner and means that Axis'
business partner is licensing software for further in-house development of their
offering. The agreement will not affect Axis sales of branded print servers. 

“Sale of the software is a natural development of our Print product area, an
area in which we have reported declining sales in recent years,” says Ray
Mauritsson, President of Axis Communications. “We will continue to market our
branded print server as before, unaffected by the license agreement."





For further information, please contact:
Margareta Lantz, Investor Relations and Corporate Communications Manager, Axis
Communications
Phone:+ 46 46 2721800, e-mail: pressoffice@axis.com

About Axis 
Axis is an IT company offering network video solutions for professional
installations. 

The company is the global market leader in network video, driving the ongoing
shift from analog to digital video surveillance. Axis products and solutions
focus on security surveillance and remote monitoring, and are based on
innovative, open technology platforms.

Axis is a Swedish-based company, operating worldwide with offices in 18
countries and cooperating with partners in more than 70 countries. Founded in
1984, Axis is listed on the Nordic List, Mid Cap and Information Technology
exchanges. For more information about Axis, please visit our website at
www.axis.com.

Attachments

06132024.pdf