Corporate News

Mon, 19 Sep 2016 06:45:00 GMT
Anoto Further Reduces Costs and Enhances Its Management Committee and informs of a change in the board

LUND, Sweden, September 19, 2016 – Over the next few weeks Anoto Group AB (ANOT) will finish integrating the product development, support, and operations functions of its Livescribe acquisition into its global organization. This consolidation will eliminate the overhead associated with two offices, increase efficiency, reduce operating costs, and enhance customer service. Brett Halle, with Livescribe, has now left the board of Anoto Group AB.

Anoto Group AB has appointed Anders Sjögren, PhD, to the position of Chief Technology Officer. Thomas Davenport, previously SVP Manufacturing & Quality, is now the Chief Manufacturing Officer. Will Reeb, PhD, has accepted the role of Chief Marketing Officer. Patrick Monaghan has joined the company and Management Committee as Chief Legal Officer. Patrick is a graduate of Penn Law and Wharton with extensive international experience in the financial sector. Anna Belfrage has joined Anoto as Interim CFO.

For further information, please contact:

James Shannon, COO

For more information about Anoto, please visit www.anoto.com or email ir@anoto.com

Anoto Group AB (publ)

Reg.No. 556532-3929, Mobilvägen 10, SE- 223 62 Lund

Tel. +46 46 540 12 00

About Anoto Anoto is a global leader in digital writing and drawing solutions. Its technology enables high-precision pen input on nearly any surface. Anoto is present around the world through a global network of strategic licensing partners that deliver user-friendly writing and drawing solutions for effective collection, transfer and storage of data. Anoto is traded on the Small Cap list of Nasdaq Stockholm under ANOT.


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