Brief: Audientes Announces Sole Distributor Agreement In India With Earkart

Audientes A/S

01/05/2023 07:34

May 1 (Reuters) - Audientes A/S  AUDNTS.TE :
    * ANNOUNCES SOLE DISTRIBUTOR AGREEMENT IN INDIA WITH A
MINIMUM OF
DKK 4.8M IN REVENUE COMMITTED FOR THE FIRST 12 MONTHS AND
EXPECTATIONS FOR RAPID GROWTH THEREAFTER
    * A PAYMENT OF DKK 150,000 IS MADE UPFRONT ADDING UP TO A
MINIMUM
OF DKK 1.0M IN TOTAL BY AUGUST 2023.
    * AUDIENTES - STARTING THIS MONTH, EARKART INDIA ASSUMES
GENERAL
CHANNEL RESPONSIBILITY FOR AUDIENTES' PRODUCTS IN INDIA

Source text for Eikon:  ID:nWkr3wzjCn 
Further company coverage:  AUDNTS.TE 

 ((Reuters.Briefs@thomsonreuters.com;))