SMark Co. Ltd. becomes a distributor of Anoto digital pens with the submission of a substantial initial order for Anoto Group AB newest pen. In addition to the USD 2 million in hardware revenue that will be realized in 2017, this order also includes an annual license fee expected to bring total revenue to at least USD 4 million over the next three years.

The compelling synergies between ADNA and the digital pen market prompted SMark to become a licensed distributor of Anoto digital pens in Korea and for its customers throughout Asia. Anoto will start production of its new pen in early September as planned and will immediately increase production capacity in an effort to deliver this additional USD 2 million of pens by the end of 2017.