SE (NYSE Euronext: GLOG) a developer of software platforms for digital printing, digital document and PDF applications, has announced today that it has signed a contract to license its Harlequin® technology to a global manufacturer of office printing devices to drive their single function, multi-function and production printers.
The revenue resulting from this new contract will be in the range of US$7 million to US$9 million during the term of the multi-year contract. The impact on revenue in the financial year ending 31 December 2014 is expected to be between US$3 million to US$4 million with no significant increase in expenses.
Graeme Huttley, CFO
Tel: +44 (0)1223 926472