AppliTek concludes talks with stock listed company about a patent & know-how license deal
Published: 7/2/2009 9:21:00 AM
AppliTek has successfully concluded negotiations with an international stock listed company that will grant AppliTek manufacturing & integration rights of a novel techology, valid in more than 185 countries.
AppliTek will deploy the novel technology of the company in their on-line analyzers. By combining this exciting novel technology with the robust analyzer platforms & know-how of AppliTek, a world-class very high-demand product has come to live.
This product will be contributing significantly to the revenue of AppliTek in the years to come.
According to people familiar with the matter, AppliTek has negotiated about 2 years to conclude this agreement. AppliTek would also like to thank hereby its team of legal advisors who have assisted to make this deal come true.
AppliTek and the company will disclose more information in the course of the next weeks about this agreement.
Until that time, please contact our CEO, Mr. David Laurier.
With the exception of historical information, the matters discussed in this preliminary press-release are forward-looking statements that involve a number of risks and uncertainties. The actual future results of this new product could differ significantly from those statements.