Brief: PiezoMotor Expects Royalty Income Of SEK 200-400 Mln Per Yr From License Agreement
Aug 13 (Reuters) - PiezoMotor Uppsala publ AB PIEZO.ST :
* PROVIDES ADDITIONAL INFORMATION REGARDING LICENSE
AGREEMENT WITH
ASIAN COMPANY
* CO'S ASSESSMENT IS THAT MARKET PENETRATION OF ABOUT 10%
WILL
RESULT IN ROYALTY INCOME IN RANGE OF SEK 200-400 MILLION PER
YEAR
Source text for Eikon: ID:nWkr6yP0v7
Further company coverage: PIEZO.ST
(Gdansk Newsroom)
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