Brief: PiezoMotor Signs Agreement For Integration Of Piezo LINK Into High Volume Application In Diagnostics

Acuvi AB

27/05/2020 13:38

May 27 (Reuters) - PiezoMotor Uppsala publ AB  PIEZO.ST :
    * SIGNS AGREEMENT FOR INTEGRATION OF PIEZO LINK INTO HIGH
VOLUME
APPLICATION IN DIAGNOSTICS
    * SALES OF THE DIAGNOSTIC SYSTEM ARE SCHEDULED TO BEGIN IN
2021
    * DURING 2020, PIEZOMOTOR WILL RECEIVE COST COMPENSATION OF
SEK
1.5 MILLION
    * ESTIMATES ANNUAL SALES VALUE OF PIEZO LINK AFTER FULL
SCALING UP
TO BE SEK 30 MILLION

Source text for Eikon:  ID:nWkrbthTWf 
Further company coverage:  PIEZO.ST 

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