Brief: Eyeonid Group Signs Cooperation Agreement Whit Sinew Software Systems

Safestate AB (publ)

11/07/2019 07:40

July 11 (Reuters) - Eyeonid Group AB  EOID.NGM :
    * (PUBL) SIGNS AN EXCLUSIVE COOPERATION AGREEMENT WHIT SINEW
SOFTWARE SYSTEMS PVT LTD REGARDING THEIR PASSWORD MANAGER,
ENPASS
    * PLANED "GO LIVE" DATES ARE SET YEAR END 2019 FOR NON
WHITE-LABEL
OFFERING AND BY LATEST FEBRUARY 2020 FOR FIRST WHITE LABEL
LAUNCH
    * HAVE RIGHT TO OFFER AND DISTRIBUTE PRODUCT AS A NON
WHITE-LABEL
AND WHITE-LABEL PRODUCT TO PARTNERS GLOBALLY.
    * EYEONID HAVE EXCLUSIVE RIGHT ON EUROPEAN MARKET TO OFFER
AND
DISTRIBUTE PRODUCT AS A NON WHITE-LABEL AND WHITE-LABEL PRODUCT
TO PARTNERS
    * EYEONPASS (PASSWORD CHECK) SERVICE SHALL BE IMPLEMENTED IN
PRODUCT TO PARTNERS OF EYEONID.
    * PARTIES LOOKS AT POSSIBILITIES OF INTEGRATING EYEONPASS IN
PRODUCT FOR ALL OF ENPASS USERS
    * PARTIES WILL JOINTLY WORK TO ASSESS OPPORTUNITIES OF
INTEGRATING
OTHER ID- AND SECURITY RELATED FEATURES FROM PARTIES
    * AGREEMENT SIGNED TODAY IS ALSO FOUNDATION FOR FURTHER
POSSIBILITIES TO OFFER EYEONID'S SERVICES THROUGH ENPASS
GLOBALLY
    * AGREEMENT WILL OPEN UP FOR NEW OFFERINGS AND PACKAGING
TOWARDS
NEW TARGET GROUPS WITH IN PRIMARILY B2B MARKET FOR BUSINESS
CUSTOMERS
    * FURTHERMORE, THIS WILL OPEN UP FOR NEW OFFERINGS AND
PACKAGING
TOWARDS NEW TARGET GROUPS WITH IN PRIMARILY B2B MARKET FOR
BUSINESS CUSTOMERS

Source text for Eikon:  ID:nWkr7Ts5Pj 
Further company coverage:  EOID.NGM 

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