DataDot Technology Limited (DDT) has entered into an extended Licensing Agreement with DataDot Technology South Africa (DDTSA) to supply asset identification solutions to a significant auto OEM customer in Europe. The agreement also includes revised arrangements for distribution of product into the Russian Federation. The new Agreement was executed and exchanged on 8 August 2019 and commences immediately. These new arrangements will provide additional revenue for DDT from the sale of more than 100,000 car identification kits in the first year alone. The company expected that this new level of collaboration with experienced and trusted partners will underpin the stabilisation of asset identification revenues and will provide a model to develop multiple new revenue opportunities in the future.