LUND, 9th July , 2015 — Anoto Group AB (publ.) extends exclusivity agreement with partner TStudy China Co Ltd. TStudy China is the leading provider of innovative solutions and online education platforms to the education industry and schools in China. It has designed and developed software and products based on Anoto’s digital writing technology, which can be widely applied in education industry and other industries.
The agreement that was signed today is an extension to agreement that was signed on August 20, 2013. The exclusive distribution agreement is for 5 years subject to TStudy purchase of a minimum of 2 million pens over the exclusivity period. The exclusivity does not include applications within voting, census and people registration nor products sold by Anoto’s large global OEM partners