Scanner Technologies Announces License Agreement.MINNEAPOLIS -- Scanner Technologies Corporation today announced a non-exclusive licensing agreement with SCANNERTECH LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. located in Tempe, Arizona Tempe (pronounced /tɛm.'piː/) is a city in Maricopa County, Arizona, USA, with a population of 169,712 according to 2006 Census Bureau estimates. . Under the terms of the agreement, SCANNERTECH LLC will provide sales, service and support for existing products, pay a royalty for the sales of certain products, and develop new inspection products for the semiconductor industry. Also as part of the agreement, Scanner Technologies Corporation will change its web domain address to "www.scannercorp.com." "We are excited about this agreement," said Paul Crawford, the Company's Chief Executive Officer. "It will give our customers the opportunity to enjoy the same world-class support and products they expect, provide a royalty revenue stream to the company, and allow us to pursue other profitable license agreements in the future." About Scanner Technologies Corporation: Scanner is a New Mexico New Mexico, state in the SW United States. At its northwestern corner are the so-called Four Corners, where Colorado, New Mexico, Arizona, and Utah meet at right angles; New Mexico is also bordered by Oklahoma (NE), Texas (E, S), and Mexico (S). corporation that invents, develops and markets vision inspection products that are used in the semiconductor industry for the inspection of integrated circuits Integrated circuits Miniature electronic circuits produced within and upon a single semiconductor crystal, usually silicon. Integrated circuits range in complexity from simple logic circuits and amplifiers, about 1/20 in. (1. . Scanner's headquarters are located in Minneapolis, Minnesota “Minneapolis” redirects here. For other uses, see Minneapolis (disambiguation). Minneapolis (pronounced IPA: /ˌmɪniˈæpəlɪs/) is the largest city in the U.S. . Scanner's stock is traded on the Over-The-Counter Bulletin Board under the symbol "SCNI SCNI Security of Critical Networked Infrastructures SCNI Southern Connecticut Newspapers, Inc. SCNI Sports Council Northern Ireland ." For more information please visit www.scannercorp.com. Forward-looking Statements This release contains forward-looking statements, including statements regarding future revenue, royalties and licensing opportunities. Any forward-looking statements contained in this release are not a representation that such plans, estimates, or expectations will be achieved and only represent Scanner's expectations as of the date of this press announcement. Subsequent events may cause these expectations to change, and Scanner disclaims any obligation to update the forward-looking statements in the future. These forward-looking statements are subject to known and unknown risks and uncertainties that may cause actual results to differ materially. |
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