OpenLimit Holding AG
OpenLimit Holding AG: Fujitsu and OpenLimit Sign Exclusivity Agreement in Connection with OpenLimit OEM-Components
OpenLimit Holding AG / Key word(s): Contract 28.04.2012 00:30 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- OpenLimit Holding AG Zugerstrasse 76b CH - 6341 Baar Telefon +41 41 560 1020 Fax +41 41 560 1039 www.openlimit.com ISIN: CH.002.223.700.9 OpenLimit Holding AG | Zugerstrasse 76b | CH - 6341 Baar Ad-hoc-Announcement According to §15 WpHG OpenLimit Holding AG: Fujitsu and OpenLimit Sign Exclusivity Agreement in Connection with OpenLimit OEM-Components (Baar, April 27, 2012) - Fujitsu Technology Solutions GmbH (FTS) and OpenLimit SignCubes AG, a wholly-owned subsidiary of OpenLimit Holding AG, announce today the signing of an exclusivity agreement. The agreement grants FTS exclusive usage rights to certain OpenLimit technologies for a five-year period. Fujitsu pays a lump-sum in compensation for a pro-rata share of historic development costs and will participate in future development costs of the OEM-components. OpenLimit will furthermore receive royalties for future licensing revenues generated through the sale of the resulting products and services and receives a minimum annual revenue guarantee. Previously, on October 20, 2011, FTS and OpenLimit concluded an agreement pertaining to the product Fujitsu SecDocs 'powered by OpenLimit' (SecDocs), which both companies developed closely together, for long-term evidentiary value preservation of electronic documents. The usage rights of the components delivered by OpenLimit (OpenLimit MigSafe, OpenLimit OverSign and SecBase) are expanded by the agreement to an exclusive usage right for FTS. Included in the extended usage right is the use of the components in other, yet to be defined Fujitsu technologies, as well as the mutual exploitation of patents. OpenLimit will also earn licensing revenues on future product sales resulting from such products and patents. The OEM-agreement and the exclusivity agreement define, amongst other things, how both companies share revenues, resulting from base licensing fees and recurring maintenance and transactions fees, as well as software maintenance and support fees. Both parties agreed not to disclose other details of the agreement. Contact OpenLimit Holding AG Christian Fuessinger Tel: +41 41 560 10 20 Fax: +41 41 560 10 39 Email: ir@openlimit.com 28.04.2012 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: OpenLimit Holding AG Zugerstrasse 76 b 6341 Baar Switzerland Phone: +41 41-560-1020 Fax: +41 41-560-1039 E-mail: investor@openlimit.com Internet: www.openlimit.com ISIN: CH0022237009 WKN: A0F5UQ Listed: Regulierter Markt in Frankfurt (General Standard); Freiverkehr in Berlin, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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