Brief: Rolling Optics Signs Exclusive Development, Distribution Agreements With Fase Srl

Rolling Optics Holding AB

02/05/2022 08:46

May 2(Reuters) - Rolling Optics AB   ROLLI.ST :
    * SAID ON FRIDAY SIGNS EXCLUSIVE DEVELOPMENT AND
DISTRIBUTION
AGREEMENT WITH FASE SRL 
    * AGREEMENT CONCERNS DEVELOPMENT AND DISTRIBUTION OF
MICRO-OPTICAL
SECURITY COMPONENTS FOR USE IN PAPER BANKNOTES
    * DEVELOPMENT AGREEMENT IS FOR THREE YEARS AND DISTRIBUTION
AGREEMENT IS FOR TEN YEARS, BOTH WITH THE POSSIBILITY OF RENEWAL
    * AGREEMENTS GIVE FASE EXCLUSIVITY IN THE MARKET FOR
SECURITY
COMPONENTS FOR PAPER BANKNOTES BUT ALSO NON-EXCLUSIVE
OPPORTUNITY TO SELL PRODUCTS WITH ROLLING OPTICS TECHNOLOGY
INTEGRATED INTO OTHER AREAS OF THE SECURITY PAPER MARKET

        
 Source text for Eikon:  urn:newsml:reuters.com:*:nWkr3V8n21
 Further company coverage:  ROLLI.ST  

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