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PAY Payton Planar Magnetics News Story

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Brief: Payton Planar Magnetics Enters Into Framework Agreement With Automotive Industry

Aug 28 (Reuters) - PAYTON PLANAR MAGNETICS LTD  PAPL.BR :
    * PAYTON PLANAR MAGNETICS REPORTS ENTERING INTO FRAMEWORK
AGREEMENT WITH THE AUTOMOTIVE INDUSTRY
    * AGREEMENT'S TOTAL AMOUNT OF CIRCA $46 MILLION OVER PERIOD
OF
ABOUT 7 YRS BETWEEN 2019 AND 2025.
    * DURING FIRST 3 YEARS OF PROJECT, SALES VOLUME, ESTIMATED
BY
CUSTOMER, WILL AMOUNT TO TOTAL OF $14MLN

Further company coverage:  PAPL.BR 

 (Gdynia Newsroom)
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 09 20;))

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