Brief: Precise Extends Licensee Agreement With Egis Technology

Precise Biometrics AB

16/04/2020 11:59

April 16 (Reuters) - Precise Biometrics  PREC.ST :
    * PRECISE EXTENDS LICENSEE AGREEMENT WITH EGIS TECHNOLOGY
    * PRECISE SAYS FOLLOWING THE AGREEMENT, PRECISE IS ENTITLED
TO
ROYALTIES BASED ON ACTUAL NUMBER OF DEVICES UTILIZING PRECISE
IDENTIFICATION SOFTWARE FOR MOBILE DEVICES, TOGETHER WITH
LICENSEE FEES AND FEES FOR SUPPORT AND MAINTENANCE
    * PRECISE SAYS FOR 2020, THE TOTAL REVENUES FROM EGIS IS
EXPECTED
TO AMOUNT TO APPROXIMATELY 60 MSEK

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nMFN6QyR25
    
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