IMINT Image Intelligence AB (publ) has signed a license agreement for the software Vidhance with a European smartphone company. The agreement, which initially runs for three years, gives the customer the right to include Vidhance video enhancement software in upcoming product launches. The customer is globally well-established under a strong brand.
Due to extensive confidentiality, Imint is not able to provide more information about the customer or the Vidhance functions governed by the license agreement. The contract mainly concerns functionality from the product stabilization product group, where Imint has a market-leading position. Imint’s hope is that the customer will be able to launch the first products with Vidhance during the second half of 2019.
Andreas Lifvendahl, CEO, comments:
“We are proud to announce that we have won yet another important agreement. We have great confidence that this customer relationship will be rewarding for both parties. In addition to a well-known and strong brand, the customer also has high ambitions for the smartphone’s camera functionality, which is fully in line with our own endeavor. ”