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BRIEF-Anoto names Trata as its master distributor in India
April 13, 2017 / 6:07 AM / 8 months ago

BRIEF-Anoto names Trata as its master distributor in India

April 13 (Reuters) - ANOTO AB

* NAMES TRATA AS ITS MASTER DISTRIBUTOR IN INDIA WITH A THREE-YEAR TERM THAT IS RENEWABLE WITH ORDERS FOR AT LEAST 1 MILLION SMARTPENS

* TRATA HAS RIGHT TO EXTEND FOR AN ADDITIONAL THREE YEARS IF THEY ORDER AT LEAST 1 MILLION PENS IN INITIAL PERIOD

* ESTIMATED TRANSACTION VALUE APPROACHES USD 100 MILLION OVER THREE YEARS Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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