LUND, Sweden - December 30th, 2015 – Anoto announced on August 7th 2015 the largest enterprise solutions contract to date from Japanese Financial Services Company of 29,000 Anoto Live PenTM Pro with digital writing software. Anoto’s part of the contract is 37 MSEK and was planned to be delivered in Q4 of this year. Manufacturing schedule has now been changed till after Chinese New Year and expected delivery is therefore changed till 3rd week of February. The customer’s sales force will use Anoto Digital pen and paper as an integral part of their new insurance policy sales process. The Anoto digital pens, which will be used to fill in medical and personal information as well as the personal signature, are equipped with a camera for recording personal identification of customers for regulatory compliance. By using this solution, the customer will improve internal process handling by eliminating scanning and re-keying of contracts and will minimize paper consumption.
Anoto Group expects revenues for Q4 2015 (excluding the 37 MSEK delivery) to be approximately 46 MSEK. Except for the delayed delivery to Japan we see no changes in the outlook for coming quarters than what was communicated in the Q3 report.
For further information, please contact:
Stein Revelsby, CEO Anoto Group AB, tel. +46 (0)733 45 12 05
Anoto Group AB (publ), org. nr. 556532-3929,
Mobilvägen 10,
SE- 223 62 Lund
Tel. +46 46 540 12 00
About Anoto Group
Anoto Group AB is a global leader in digital writing solutions, which enables fast and reliable transmission of handwriting into a digital format. Anoto operates worldwide through a global partner network that delivers user-friendly digital writing solutions for efficient capture, transmission, distribution and storage of data. Anoto is currently in use across multiple business segments, e.g. consumer, healthcare, banking and finance, transportation and logistics and education. The Anoto Group has over 140 employees and is headquartered in Lund (Sweden).The company also has offices in Norrköping (Sweden), Basingstoke and Wetherby (UK), Los Angeles, Boston and Oakland (US) and Tokyo (Japan). The Anoto share is traded on the Small Cap list of NASDAQ Stockholm under the ticker ANOT.
For more information, please visit: www.anoto.com.
Follow Anoto on Twitter at: @anoto