BLZ 0.00% 0.5¢ blaze minerals limited

blaze: japan's oki to market pc face animator

  1. 4,756 Posts.
    Blaze: Japan's Oki to market PC Face Animator
    08:41, Tuesday, 16 November 2004

    Sydney - Tuesday - November 16: (RWE Australian Business News) -

    Blaze International Ltd has executed a worldwide distribution agreement
    with Oki Electric Industry Co Ltd of Japan to market and distribute the
    PC-based version of Blaze's Face Animator product.

    Face Animator allows computer users to use avatars or characters
    to represent themselves in communications over the Internet and mobile
    telephone networks.

    Under the agreement, Blaze will receive a 30 per cent royalty on
    all revenue generated by Oki PC Face Animator product sales throughout
    the world.

    Oki plans to start its marketing effort, initially in Japan and
    Korea, in February 2005.

    Based on sales estimates developed by Oki and Blaze, the revenue
    to Blaze could be between $3 and $5 million over the next three years.

    Shares in Blaze traded steady at 7c yesterday.

    ENDS

    Copyright © 2004 RWE Australian Business News. All rights reserved.

 
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