Anoto AB: “We are about to realize the vision…”

Posted: 27 December, 2015 in Anoto, Published Investment Calls
Tags: , , , , , , , , ,

According to Anoto AB, no further capital demand is demanded the fourthcoming 12 months (reference sourcelink in Swedish here):

Anoto capital

Recently, insider purchases in Anoto AB has been reported:

http://bors.affarsvarlden.se/afvbors.sv/site/stock/stock_detail.page?magic=(cc%20(tsid%2042949)%20(detail%20(tab%20insiders)))

Redeye analyst Viktor Westman comments:

“With the new average cost per share of SEK 3.9 an increase in the share price of over 200 percent is needed in order to reach break-even and it now appears as if Revelsby believes that this is doable. Revelsby’s subscription for 600 000 shares should therefore mean a positive effect on the share at opening on Monday. Together with the purchase of 450 000 shares from Anoto’s chairman in November 11, Revelsby’s move also marks a long-awaited shift in the insider transactions in Anoto.”

Source link:

http://www.redeye.se/analys/today/more-skin-game-anotos-management

CESI is confident that clues are to be found in a number of recent verbal statements by the CEO Stein Revelsby. A few are found in the interview attached below (In Swedish)…

http://www.redeye.se/webcast/intervju-med-anotos-vd-stein-revelsby-pa-smabolagsdagen-2015

…and other interesting written statements are found in the Q3 report (partially) attached in blue font below. Miscellaneous CESI comments are also inserted below (bold blue, red and plain black font).

These statements strongly indicates an improved near future Q4 report. 

“Comments from the CEO

MULTI SURFACE PRECISION PEN INPUT

Revenues in the second quarter were 55 MSEK compared to 27 MSEK in Q3 2015. Gross margin was 37% compared to 65% in Q3 2014. The lower gross margin was due to a combination of lower software sales in the quarter in Enterprise Solutions and larger sales of hardware to our partners in Korea within education. We expect the gross margin to normalize around 50% in the coming quarters. Operating expenses in the quarter were 48 MSEK compared to 35 MSEK in the same quarter last year. As previously announced the higher operating expenses in 2015 are related to product development with HP,Ink., research and testing of new micro dot thin film solutions for large displays and the development of Anoto LiveTM Services. The combined result of these efforts is a broader portfolio of products that we are now preparing to ship in the coming quarters and a back-end infrastructure for the support of partners and resellers. We are about to realize the vision of a universal platform to enable precision pen input on paper, displays and walls, -from small sticky notes to 24 foot size walls as well as small to ultra-large displays. The advantages of having a single pen technology that works on multiple surfaces are many. The ability to combine paper, displays and walls opens for totally new user experiences, more flexibility and creative freedom, as well as better control of content and data. For manufacturers it means lower overall manufacturing costs and synergies between devices but most importantly better pen performance. We expanded the management team in Q3 with the hiring of senior managers within product management, marketing and sales and to get a stronger presence in Los Angeles and the San Francisco Bay area. Key priorities in the quarter was to work on the overall positioning of a broader product portfolio that now includes products and applications for digital signatures and document data capture, solutions for professional collaboration, brainstorming and project management, precision pen input on small and large displays, as well as hybrid solutions for the combination of digital pens, paper and mobile devices. During the quarter we initiated contact with new potential OEM customers and signed up new distributors and resellers in the US, Germany and France. We tested out a range of new large displays and planned for segmentation of the portfolio into application areas; professional collaboration solutions, architects, design and creatives. We finalized the development of Anoto LiveTM Pen 2 Professional and prepared for mass production of 30,000 pens for the delivery to a large financial services company in Japan in Q4. Our increased working capital need was financed through a 40 MSEK private placement of shares in the third quarter and we also closed the acquisition of XMS Penvision, an innovative Swedish software company specializing in digital writing solutions. The acquisition of XMS Penvision gives us a larger portion of the value chain, flexibility in pricing and a product suitable for sale through larger resellers, as well as a highly competent team that complements our own in-house software development.

OUTLOOK

After a long period of negotiations in parallel with product and business development we finally signed a Technology Licensing Agreement with HP, Inc. on November 5 th . We are very excited about this new partnership and believe HP is the ideal partner to help realize our vision about a universal digital writing platform that embraces user cases across all industries. The agreement contains certain exclusivity rights for HP within product segments for Workstations, a product segment where HP has a dominant market share. The exclusivity is subject to certain conditions including a minimum purchase of products from Anoto over a 4 year period. It is difficult to estimate the future revenue deriving from the agreement, but we expect the agreement to have a significant positive impact on Anoto`s business in the coming years. On November 5 th Anoto signed a share purchase agreement to acquire Livescribe Inc., Anoto partner since 2007, with it’s headquarter in the San Francisco Bay area. The purchase price shall be paid in cash and is based upon an enterprise value of 15 MUSD equal to estimated sales for 2015. On closing, which is expected to take place on November 30, Livescribe will be debt free. The acquisition is another step in consolidating the Anoto ecosystem and to realize synergies in hardware and software development, supply chain and operations, as well as to give Anoto access to additional market channels for online sales and retail distribution. We are working on a new range of products to be launched in Livescribe sales channels in 2016.

Livescribe employs 45 full time employees and contractors, and offers the leading personal mobile companion and application to integrate handwriting into mobile devices. Livescribe allows customers to continue using pen and paper to take both structured and unstructured notes yet instantly make them useful with their favorite applications as they digitize in real-time. Based upon a strong order back log with our partners in Korea and China and large publishing companies within education, as well as the enterprise order in Japan and the planned delivery of 29,000 pens to a large financial services company in Japan we expect continued strong revenue growth in Q4. We expect the strong growth to continue in 2016 with the expected commercial launch of products with HP, the commercial launch of large displays, the addition of new distributors and resellers for We-Inspire, partnering with The Foundry as well as the acquisition of Livescribe. We expect gross margin to normalize around 50%

ANOTO ENTERPRISE SOLUTIONS

Anoto Enterprise Solutions focuses on systems, products and services that target businesses, primarily in the field of forms processing, document management and signature capture. The offering is Pen Solutions which includes solutions for creating a form in digital format, digital processing of handwritten forms and automatic generation of a digital version of a document with handwritten signatures and notes. Anoto has an indirect business model and markets its products through partners, such as system integrators, software developers and IT consulting firms, all of which offer customized solutions with Anoto technology to their customers.

Sales within Enterprise Solutions were MSEK 19 in the third quarter, following 18 MSEK in the second quarter, compared to 31 MSEK in the first quarter when we closed the 11 MSEK sales to Wales Ambulance Trust in the UK. We expect a strong Q4 subject to the delivery of the 37 MSEK order to a large financial services customer in Japan in December. The variance in revenues from quarter to quarter reflects the lack of capacity in sales and delivery and our need to strengthen the partner network. The large deals that we have won within Enterprise Solutions in the UK, Germany, Turkey and Japan lately shows clearly the value that we offer to customers and their need for solutions to close the digital transformation gap that exists. With the recent management hires in product management, sales and marketing we are working on positioning Anoto Enterprise Solutions together with the other business areas within Anoto for a better alignment with the IT industry in general and a more focused partner strategy.


A CESI comment: The Swedish Redeye group speculates that the Japanese customer is Japan Post:

“We know that the record deal in Japan of SEK 37 million was due to a procurement and we also know from CEO statements that it was made with one of the world’s largest financial institutions. Hence we would be surprised if the Japan deal was not a deal with Japan Post, one of Japan’s biggest companies and the largest IPO in 2015 (please note that this is pure speculation).”

http://www.redeye.se/analys/today/anoto-ladies-and-gentlemen-fasten-your-seatbelts


[Q3 interim report continued…]

We want to utilize synergies and the increased awareness we get from new partnerships around a single pen for multiple surfaces and applications for enterprise, SMB and consumers to cover all areas of digital writing; digital signatures, data capture, collaboration, design and creative.

Anoto UK: Q3 was dominated by the successful roll out of 1,700 pens across the Welsh Ambulance Service Trust (WAST). This deployment was carried out across a very large geography to very tight timescales and was a testament to the professionalism and dedication of our delivery team in partnership with Welsh Ambulance IT that this was achieved on time and on budget. This has been widely publicised both within Welsh Government and across the broader UK ambulance community.


CESI comments: Further reading are available here:

https://www.linkedin.com/pulse/welsh-ambulance-services-nhs-trust-deploy-anoto-digital-gittens

http://www.anoto.com/investors/corporate-news/?lang=english&messageId=806788


 

Planning for expansion of the Anoto solution within WAST has already started, with Phase 2 and Phase 3 projects being scoped. Introductions to other senior people within other ambulance services is also planned. Outside of Healthcare we are ramping up activity in identifying larger commercial opportunities and have begun promising discussions with larger “eco system” partners such as OpenText and Salesforce.


CESI comments: The Anoto Creative explanation of “the eco system” for the creative industry:


[Q3 interim report continued…]

Japan: In August a large financial services company in Japan granted a contract to Anoto and its consortium partners for the rollout of 29.000 Anoto Live PenTM 2 Pro with digital writing software. Anoto’s part of the contract is 37 MSEK and is planned to be delivered in December of this year. The customer’s sales force will use Anoto digital pen and paper as an integral part of their new insurance policy sales process. The Anoto digital pens, which will be used to fill in medical and personal information as well as the personal signature, are equipped with a camera for recording personal identification of customers for regulatory compliance. By using this solution, the customer will improve internal process handling by eliminating scanning and re-keying of contracts and will minimize paper consumption.

Sweden: partner Phoniro further expanded their market presence in the Swedish home care market with their quarterly commitment.


CESI comments regarding Phoniro. More info here:

http://globenewswire.com/news-release/2014/04/25/629933/0/sv/Phoniros-H%C3%A4lsodagbok-och-Anotos-digitala-skrivteknik-m%C3%B6jligg%C3%B6r-realtids%C3%B6verf%C3%B6ring-av-data-fr%C3%A5n-patientens-hem-till-sjukhuset.html?print=1


[Q3 interim report continued…]

In July Anoto announced the acquisition of XMS Penvision AB. Established in 1996, XMS Penvision is an innovative Swedish software company specializing in digital writing solutions. Its core product Formidable is marketed through a global network of partners who add value to the platform through a consultative approach with customers seeking a business solution. Formidable is the foundation for Anoto Live Forms, an Anoto Enterprise Solutions application for signatures, document and mobile data capture.


CESI comments: Interestingly, as observed in this video…

…HP was previously involved with Penvision (see t= 3.12 min). CESI speculates that the Anoto AB acquisition of XMS Penvision was urged by HP during the HP-Anoto AB negotiations.


[Q3 interim report, Penvision paragraph continued…]

The company has 10 employees and 2014 revenues were 13 MSEK. The acquisition of XMS Penvision gives Anoto a larger portion of the value chain, flexibility in pricing and a product suitable for sale through larger resellers, as well as a highly competent team that complements our own in-house software development.

South Africa: Lewis, expanded the use of digital pens with 1.500 additional users, based on our partner Objectif Lune’s platform Planet Press Capture. Lewis is South Africa’s single largest furniture brand which sells a range of household furniture, electrical appliances and home electronics.


CESI comments: Interestingly,  there also seems to be other ongoing activities within emerging South African educational technology / interactive white board industry…

Founded in 2012, Eduworks has created ground-breaking, classroom-friendly and learner-centric products that will be transforming the lives of Teachers, Students, Schools and Society.

Eduworks was founded with a vision to promote and boost Mathematics and Science in Schools. By keep the need of South African Education system in mind, Eduworks and HCL Learning did the brainstorming for 3 years and came up with solution- “Digischool”.

Eduworks is a highly innovative and technology driven company revolutionizing the education system in South Africa, dedicated to provide best solutions to the Teachers and Learners. The company is designed to boost the education sector that make learning and teaching easier, more fun, and more effective.

Eduworks is utilizing Anoto AB technology

http://www.eduworks.co.za/products/interactive-whiteboard/

and also via Tstudy as the Symphony pen is also based on the Anoto AB grid pattern (see SOLiD edu link under the Kyowon paragraph below):

http://www.eduworks.co.za/symphony/


[Q3 interim report continued…]

India: we signed a new partnership for the education market which will result in pen and license revenue in Q4 for Anoto. Our partner Trata has started to roll-out our technology into the healthcare market and we expect larger volume roll-out in the coming 6 months.

Korea: our partner ISU Systems extended the partnership and have committed to expand their market presence in the Korean B2B market.

TECHNOLOGY LICENSING (OEM SALES)

Customers within Technology Licensing develop and sell products based on our intellectual property, software, and digital pen products. For many years, Anoto has licensed its technologies to providers of interactive classroom solutions as well as learning aids for children. Productivity tools, such as for note-taking and meeting productivity, are also long-established products in our Technology Licensing segment. Recently, Anoto has established two new application areas through partners: voting solutions and digital design automation. Voting solutions are based on our traditional digital paper technology, while digital design automation solutions help animators and designers unleash the creative power of digital writing with interactive touch displays. Net sales during the quarter were MSEK 35, which is MSEK 26 above the same period last year.

HP

After a long period of negotiations in parallel with product and business development we finally signed a Technology Licensing Agreement with HP on November 5 th . The parties have agreed not to disclose product details or product launch dates at this point in time. The agreement contains certain exclusivity rights for HP within product segments for Workstations, a product segment where HP has a global market share of approximately 50%. The exclusivity is subject to a minimum purchase of products from Anoto over a 4 year period and will, if realized, have a significant positive impact on Anoto`s business in the coming years.

Large Format Displays

Together with partner Optika Display, a subsidiary of Stratacache in the US, we announced the Collaborate 65UHD, a 65- inch large format, 4K LCD collaboration device in Q2. The product won the award for Best Personal Workspace for Creatives at InfoComm in Orlando, US among 950 exhibitors and 40,000 professionals from 100 countries. During Q3 Optika Display (www.optikadisplay.com) has been working on the configuration and testing of the product and preparing for commercial roll-out in close cooperation with its partner Avnet, one of the world`s largest distributors of computer products. Collaborate 65UHD combines the most advanced touch glass and active stylus technology available with worldclass 4K LCD technology.


CESI comments: Videos from InfoComm:

.


[Q3 interim report continued…]

In addition to its partnership with Optika Display Anoto expanded its management team in Q3 with the hiring of senior managers within product management, marketing and sales and started to develop a go-to-market strategy including partnerships with ISV’s, distributors and resellers. We expect a large market opportunity to materialize in the coming months when businesses want to replace AV projectors in corporate board rooms, meeting rooms and classrooms with large format displays as well as other initiatives like the introduction of Microsoft Surface Hub. Our initial market focus will be with customers and partners in creative industries and product design that will benefit from having precision pen input on larger surfaces. During Q3 we initiated contact with new partners and evaluated options to broaden the product portfolio with products in size range 40”-55”.

TStudy We delivered 70,000 pens to partner Pen Generations, Inc. in Q3. Pen Generations did not manage to deliver the pens to customer TStudy China within the quarter and therefore Anoto did not book the profit margin on these pens in Q3. The profit margin, 3 MSEK, will be booked when the pens are delivered to the end customer. In July Anoto signed an amendment to the exclusivity agreement with TStudy Cina Co Ltd. The amendment is an extension to the agreement that was signed on August 20, 2013. The exclusive distribution agreement is for 5 years subject to TStudy purchase of a minimum of 2 million pens over the exclusivity period. The exclusivity does not include applications within voting, census and people registration nor products sold by Anoto’s large global OEM partners.


Info about Tstudy here:


[Q3 interim report continued…]

Kyowon

We delivered 30,000 pens to Kyowon via Anoto partners SOLiDEdu, Inc. and Pen Generations, Inc. in Korea in Q3. The application is an interactive multimedia education solution, connecting digital pen, paper workbooks and tablets, which allows for more efficient learning and better individual progress.


 

More CESI info about SOLiDEdu, Inc here:

https://cuttingedgescienceinvest.com/2015/12/13/anotosolidnetboardsymphony/


[Q3 interim report continued…]

We-Inspire New distributors and resellers were engaged in the quarter in Germany, Singapore and Scandinavia. MSD (the company known as Merck & Co. Inc. in the US) expanded their We-Inspire installations to three locations, with Singapore as their latest addition, to previous Czech Republic and US. Our successful collaboration with this multinational corporation resulted in an invitation for Anoto to a large corporate event (Tech Symposium) taking place in Europe (Prague) and US (Branchburg) simultaneously. Key suppliers were invited to show their solutions in the event. MSD staff from all over the world were able to see and try out the We-Inspire solution live in both locations. Sales into higher education continued to grow with expanded use by the California State University system to now include a three projector solution at California State University, Monterey Bay. Together with The Foundry, (www.thefoundry.co.uk), a leading software provider for animation studios, gaming studios, artists, designers and creative professionals Anoto engaged with leading Hollywood studios and went through successful testing during Q3. The solution “FLIX Wall” is combining FLIX, The Foundry’s software for collaborative visual story development with Anoto’s digital tools. The solution was shown for the first time at Siggraph 2015, Los Angeles in August.


CESI comments: More info about the FLIX wall and the Foundry is found here:

Compare the music in this Anoto/Livescribe link…

…with the “HP” music in this link…

Why do the companies play exactly the same song? A coincidence?Nevermind, it´s kind of excellent…


[Q3 interim report continued…]

Livescribe

On November 5 th Anoto signed a share purchase agreement to acquire Livescribe Inc., Anoto partner since 2007, with its headquarter in the San Francisco Bay area. The acquisition is another step in consolidating the Anoto ecosystem and to realize synergies in hardware and software development, supply chain and operations, as well as to give Anoto access to additional market channels for online sales and retail distribution. Livescribe has invested significant amounts in marketing and product development since 2007 and has not yet been profitable. In the last 12 months they have reduced operating expenses and headcount significantly. Anoto considers the timing of the acquisition to be good and the risk related to integrating the business with Anoto to be low. We are working on a new range of products with a significant revenue potential to be launched in Livescribe sales channels in 2016. Livescribe employs 45 full time employees and contractors, and offers the leading personal mobile companion and application to integrate handwriting into mobile devices. Livescribe allows customers to continue using pen and paper to take both structured and unstructured notes yet instantly make them useful with their favorite applications as they digitize in real-time. The product portfolio consists of the Echo Smartpen that is positioned as a PC/Mac companion and has built in audio recording and paper replay functionality and the Livescribe 3 Smartpen that is designed to be a mobile companion for smartphones and tablets. Livescribe has a global footprint and generates approximately one third of its revenue outside of the U.S. Livescribe has partnered with providers of leading note-taking, cloud and collaboration solutions such as Microsoft’s OneNote, Evernote, DropBox and Salesforce to ensure that the notes generated with Livescribe simply and easily integrate with these third-party applications. Some examples of use cases are a feature which if enabled automatically imports users’ written notes into Evernote or OneNote or productivity enhancing features enabling imports into Salesforce. The technology can also “bring written words to life”, enabling phone numbers to be dialed with a pen touch to paper or a written address located on mapping applications. Furthermore, APIs are available to enable development of any type of customized applications to take advantage of Livescribe’s capabilities. The Company goes to market via online retailers, traditional retailers as well as a direct-to-consumer channel. The Company has a strong online presence with Amazon and a retail footprint of approximately 2,000 stores. The retail footprint includes Best Buy, Softbank, Sprint and T-Mobile. Currently Livescribe is compatible with iOS and Android. The LS3 was initially launched only on iOS to leverage Bluetooth LE and capture the high end US user base.


CESI: More info about the Livescribe 3 Smart pen (=LS3)

The LS3 has also topped the charts:

http://www.ebay.com/gds/Top-10-Digital-Pens-/10000000204976240/g.html

http://www.houghlawfirm.com/gadget-review-livescribe-3-smartpen/

http://digital-pen-review.toptenreviews.com/

“The Livescribe 3 Smartpen may look and feel like a standard pen, but it does much more. This digital pen converts your handwritten notes and sketches to digital copies and it even captures audio. The Livescribe 3 is the best digital pen and it will change the way you take notes and will help you get organized. It has an outstanding battery life of 14 hours and includes great apps that complement your smartphone, tablet or computer. Together, these characteristics earn it our Top Ten Reviews Gold Award for best smart pen.”

http://www.lifehack.org/articles/technology/8-reasons-why-livescribe-is-the-best-tool-for-taking-digital-notes.html


[Q3 interim report continued…]

Android compatibility, launched in August 2015, has significantly expanded the Company’s target market and use cases while broadening the appeal across price bands. Historically Anoto has a technology licensing agreement with Livescribe and received a royalty of approximately 6% of Net Sales Value based upon Livescribe sales. Post-acquisition Livescribe will be fully integrated with Anoto Group as a wholly owned subsidiary.” [end of Q3 interim report quote]

Further reading:

A CESI patent compilation:

Infact, HP has already patented Anoto technology, read more…

https://cuttingedgescienceinvest.com/2015/07/06/anoto-ab-in-recent-patent-applications-a-cesi-compilation/

CESI in speculation mode:

https://cuttingedgescienceinvest.com/2015/12/16/anotojust-forms-anotocimanotechfoxconn/

Interesting new Anoto AB thread at the tabletpcreview forum…

“Can you imagine Wacom or N-Trig or Lenovo having the basic human consideration of climbing out of their ivory towers to actually communicate to their users like this in such an unguarded and straight manner? It’s a breath of very fresh air after a years-long diet of silence and spin.”

http://forum.tabletpcreview.com/threads/anoto-optical-stylus-tech.68573/

More interesting quotes from the tabletpcreview forum…

“And yes, there has been lots of backslide in terms of development in areas I would have liked to have seen. eInk is really cool, and I am disappointed that it has been dropped so heavily. I was hoping for full-colour reflective displays with super-fast response times to be available.., around now, actually.

PixelQi was going in the right direction. But it died.

But things are not all that bad. Five years ago, there was Wacom or nothing, and Tablet PCs were stagnating. Now there are a lot of options, more than I would have predicted, with a lot of new ones on the horizon.

I sent an email to Anoto the other day asking them to please consider developing their stylus toward a thinner, less awkward design. (Anoto developed the stylus tech for that huge, 21″ Panasonic Toughpad). They responded quickly and briefly, but were extremely polite and positive regarding my comments. I’ve never heard back in such a way from.., anybody in the industry before.

I’m looking forward to seeing what HP produces with their tech. I think they could be a really exciting new player, and I hope there’s some overlap with my interests as an illustrator.”

http://forum.tabletpcreview.com/threads/thoughts-on-pen-computing-in-2015.68321/

Scalable has OEM and marketing partnerships with many top tier projector brands, component suppliers and integrators.  A partial list of partners showing Scalable’s auto-calibration at InfoComm this year include: Anoto , Da-Lite, NEC, Ricoh, Sony and Vivitek.

http://www.scalabledisplay.com/company/news/scalable-display-technologies-announces-infocomm-participation-eight-partners

THE INTERACTIVE WHITBOARD MARKET

Global Stylus Pen for Interactive Whiteboard Market 2015-2019

Obviously, Anoto AB is active within the interactive whiteboard industry (boards with grid-pattern). Therefore, this recently published forecast is very much embraced by the Anoto share holder:

http://www.prnewswire.com/news-releases/global-stylus-pen-for-interactive-whiteboard-market-2015-2019-300196703.html

Note: Whiteboards are only one of many Anoto AB business areas…

A few examples of providers of Anoto technology:

http://www.eduworks.co.za/products/interactive-whiteboard/

http://www.casio-intl.com/asia-mea/en/projector/whiteboard/ya_w72m/


 

Washington based Tandem Conglomerate:

“Exporting Korean educational systems across the world”

About Tandem Conglomerate:

Tandem Conglomerate is an Information Technology solutions provider with extensive expertise in a wide range of technical domains. From project management to database design and administration to application integration, we have the skills and experience to help your company reach its IT goals.

Our resources are dedicated and highly motivated. We are committed to making your organization or company more successful. With experience in a variety of industries, from telecommunications to government, and wide-ranging technical expertise, we have what it takes to help you get where you want to be

Thus, the Tandem Conglomerate promotes Anoto AB technology:

http://tandemconglomerate.com/tstudy/

http://tandemconglomerate.com/tstudy/symphony

http://tandemconglomerate.com/tstudy/whiteboard


 

Note taking marrying pen with paper.

An interesting blog post by Brian Friedlander highlighting Livescribe and Evernote:

http://assistivetek.blogspot.com/2015/12/note-taking-marrying-pen-paper-with.html?_sm_au_=iPHNkrrsRstqvTF6


 

Healthcare (another single example…)

According to a National Health Interview Survey, 20.6 million American Adults age 18 and older reported experiencing vision loss. Visions loss refers to individuals who reported that they have trouble seeing, even when wearing glasses or contact lenses, as well as to individuals who reported that they are blind or unable to see at all

American Printing House for the Blind (APH) is the world’s largest nonprofit organization creating educational, workplace, and independent living products and services for people who are blind and visually impaired. Recently, the company announced (and is currently providing) a new product: A modified Livescribe/Anoto AB pen…

“NEW! Interactive U.S. Map with Talking Tactile Pen

1-01150-00 — $259.00 + shipping

Optional Item

Stereo Headphones with Ear Cushions and Volume Control
1-18986-01 — $14.50

The Interactive U.S. Map with Talking Tactile Pen is a fun, dynamic learning tool for accessing information about the 50 states!

The Interactive U.S. Map’s combination of tactile, visual, and audio feedback contributes to a versatile learning experience that allows for independent, self-guided study by visually impaired and blind students and adults, as well as by sighted peers.

The Talking Tactile Pen consists of a non-writing stylus, a tactile Power button, an audio jack, and a micro-USB connector (for recharging the pen after long periods of use). The audio content can be heard through the pen’s tiny speaker, however, standard headphones (headphones sold separately) or external speakers can provide better sound quality for the synthetic speech and sound effects.

The pen serves as a personal “tour guide” that gives the reader information about each location visited on the map via multiple layers of audio recordings. The reader is allowed to “drill down” layer by layer via consecutive pen taps to learn about each state.

17 Pen Layers Include: State name; State abbreviation, State capital; Ten largest cities; Surroundings (land & water); Land area, water area, state water percentage; Highest point (elevation); Major rivers; Population estimate; Statehood year; State nickname; State symbols (bird, flower, tree, and song title); State motto; Famous people; Points of interest; Interesting facts; Spelling of state name

Includes

      • Foldable tactile/large print map of the United States
      • Modified Livescribe™ Echo™ Smartpen with audio content, 3.5mm headphone jack, and mini-USB port
      • USB charging cable
      • Storage pouch for pen and charging cable
      • Carrying box to store components
      • Large print instruction booklet
              • Braille instruction booklet – UEB Compliant

Livescribe™ is a trademark of Livescribe Inc. The Talking Tactile Pen is a modified version of the Livescribe Echo™ smartpen.”

CESI expects that additional specific Anoto pen applications within education and healthcare soon will follow. 

Original link here (scroll down a few posts)


End quote:

This blog post could be defined as an update to the first CESI Anoto blog post:

https://cuttingedgescienceinvest.com/2015/07/12/anoto-an-ongoing-historical-milestone-turnaround-in-the-swedish-micro-cap-stock-market/

A serious near future share prediction for a company like Anoto AB is almost impossible. Insiders have recently purchased Anoto AB above 1 SEK and therefore CESI is ridiculously bullish ahead of 2016. And again, according to the recently published Anoto prospectus: Anoto AB claims no further capital demand from share holders in the fourthcoming 12 months.

Best regards, CESI

The author, Cutting Edge Science Invest, is a long term Anoto share holder. Cutting Edge Science Invest can not guarantee, or take into accountability, the content of truth and accuracy of the information in this article/post.Thus, Cutting Edge Science Invest requires that a possible reader gather complimentary information if any type of investment in the company described above is considered. Cutting Edge Science Invest provides personally biased information and at best also “general information and opinions”. The article/post does not contain professional investment advice. 

 

 

 

 

 

 

 

Comments
  1. Oscar says:

    Sjukt bra sammanfattat! Uppskattas… Tror starkt på Anoto och har ägt aktier sedan maj, säljer inte på länge!

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