Comeleon PLC
26 September 2002
FOR IMMEDIATE RELEASE 26 September 2002
COMELEON PLC
(' comeleon' or 'the Company')
$2.7 MILLION LICENSE AGREEMENT
FOR COMELEON'S 3D IMAGEBOX WITH US DISTRIBUTOR
comeleon plc, the imaging technology company, has agreed a distribution license
worth USD$2,730,000 with Tropical Graphics, a distributor of inks and hardware
into the corporate gifts and promotional products market in the USA. The
agreement with Tropical Graphics comprises a 12 month distribution licence for
comeleon's 3D ImageBox in the USA.
comeleon will supply 3D Imageboxes and consumables to Tropical Graphics for
distribution in this market sector, which was valued at over $17 Billion in
2001.
This is the second significant agreement for the distribution of the 3D ImageBox
and follows on from the contract with Listawood announced last month which is
worth £1 million.
Roy Stanley, Chief Executive, comeleon, said:
'We are very pleased to sign this agreement. The deal with Tropical Graphics
supports our belief in the 3D ImageBox and its market potential'.
- Ends -
Contacts:
Roy Stanley, Chief Executive Officer
Tim Robinson, Finance Director
comeleon plc Tel No: 01207 523 333
www.comeleon-ir.co.uk
Lisa Baderoon / Tim Anderson
Buchanan Communications Limited Tel No: 020 7466 5000
www.buchanan.uk.com
This information is provided by RNS
The company news service from the London Stock Exchange