Image Systems' business area Motion Analysis receives an order of approximately SEK 1.8 million from a customer in Asia
Press Release
The order includes subscription licenses for an initial period of 5 years of the software TrackEye and the software TEMA. The order will be recognized as revenue on a monthly basis during the contract period.
"Our work to expand our share of subscription income is paying off and this order is a proof that our strategy is in line with what the market demands. With the transition to a subscription model, we are increasing the robustness of our business model," says Johan Friberg, CEO Image Systems.
Latest Press releases
-
Image Systems affärsområde RemaSawco erhåller beställning från Gordon Timber i Skottland på drygt 5,2 MSEK
-
Image Systems’ business unit RemaSawco receives order from Gordon Timber in Scotland worth just over SEK 5.2 million
-
Image Systems affärsområde Motion Analysis får order värd 1,4 MSEK från ledande amerikanskt företag inom medicinteknik
-
Image Systems’ Motion Analysis Unit Secures 1.4 MSEK Order from Leading U.S. Medical Device Innovator