I am guessing this is Jemsoft........hence, they strategically decide to acquire them as it's better than contracting them.
"Xped together with a chosen software contractor have developed the iPark apps for both the IOS and Android platforms for Lenze."
So likely close to the 15c USD per "active" download.......as it's white labeled?
"As previously announced these apps, white labeled for Lenze, are based on the Xped App Framework, and Xped will receive a licensing fee for each active download."
More Lenze apps products.....looks like XPE is doing the hard way to get their product to the market, I see a MC of $50M as more Lenze and JBT revenues come in the next few years.....until they land a big fish.
"Xped Chairman and CEO Athan Lekkas recently visited Shenzhen, China during June. Discussion were held with Lenze relating to potential opportunities for Xped. Announcements will be provided to the market as opportunities and developments arise."
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