DGAP-Adhoc: OpenLimit Holding AG: Fujitsu and OpenLimit Sign Exclusivity Agreement in Connection with OpenLimit OEM-Components

OpenLimit Holding AG  / Key word(s): Contract

28.04.2012 00:30

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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OpenLimit Holding AG

Zugerstrasse 76b
CH - 6341 Baar

Telefon +41 41 560 1020
Fax +41 41 560 1039

www.openlimit.com

ISIN: CH.002.223.700.9 

OpenLimit Holding AG  |  Zugerstrasse 76b  |  CH - 6341 Baar

Ad-hoc-Announcement According to §15 WpHG

OpenLimit Holding AG: Fujitsu and OpenLimit Sign Exclusivity Agreement in
Connection with OpenLimit OEM-Components

(Baar, April 27, 2012) - Fujitsu Technology Solutions GmbH (FTS) and
OpenLimit SignCubes AG, a wholly-owned subsidiary of OpenLimit Holding AG,
announce today the signing of an exclusivity agreement.

The agreement grants FTS exclusive usage rights to certain OpenLimit
technologies for a five-year period. Fujitsu pays a lump-sum in
compensation for a pro-rata share of historic development costs and will
participate in future development costs of the OEM-components. OpenLimit
will furthermore receive royalties for future licensing revenues generated
through the sale of the resulting products and services and receives a
minimum annual revenue guarantee.

Previously, on October 20, 2011, FTS and OpenLimit concluded an agreement
pertaining to the product Fujitsu SecDocs 'powered by OpenLimit' (SecDocs),
which both companies developed closely together, for long-term evidentiary
value preservation of electronic documents. The usage rights of the
components delivered by OpenLimit (OpenLimit MigSafe, OpenLimit OverSign
and SecBase) are expanded by the agreement to an exclusive usage right for
FTS. Included in the extended usage right is the use of the components in
other, yet to be defined Fujitsu technologies, as well as the mutual
exploitation of patents. OpenLimit will also earn licensing revenues on
future product sales resulting from such products and patents.

The OEM-agreement and the exclusivity agreement define, amongst other
things, how both companies share revenues, resulting from base licensing
fees and recurring maintenance and transactions fees, as well as software
maintenance and support fees.

Both parties agreed not to disclose other details of the agreement.

Contact

OpenLimit Holding AG
Christian Fuessinger
Tel:  +41 41 560 10 20
Fax:  +41 41 560 10 39
Email: ir@openlimit.com


28.04.2012 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
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Language:     English
Company:      OpenLimit Holding AG
              Zugerstrasse 76 b
              6341 Baar
              Switzerland
Phone:        +41 41-560-1020
Fax:          +41 41-560-1039
E-mail:       investor@openlimit.com
Internet:     www.openlimit.com
ISIN:         CH0022237009
WKN:          A0F5UQ
Listed:       Regulierter Markt in Frankfurt (General Standard);
              Freiverkehr in Berlin, München, Stuttgart
 
End of Announcement                             DGAP News-Service
 
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