Additional information - Samsung Global Teaming Agreement
Additional information - Samsung Global Teaming Agreement
Sydney, June 30, 2020 AEST (ABN Newswire) - Etherstack (ASX:ESK) hereby provides additional information in connection with the ASX announcement dated 30 June 2020 titled "Etherstack signs Global Teaming Agreement with Samsung for 4G/5G Public Safety"

1. The Global Teaming agreement sets out the manner in which Etherstack and Samsung collaborate. Etherstack derives revenues from this Global Teaming Agreement in the future when Samsung and Etherstack together supply technology to Samsung's customers.

2. The Global Teaming agreement is expected to have an initial period of 2 years and contains conditions under which the agreement may be extended for a further period of 2 years.


About Etherstack Plc

Etherstack plcEtherstack (ASX:ESK) is a wireless technology company specialising in developing, manufacturing and licensing mission critical radio technologies for wireless equipment manufacturers and network operators around the globe. With a particular focus in the public safety, defence, utilities, transportation and resource sectors, Etherstack's technology and solutions can be found in radio communications equipment used in the most demanding situations. The company has Research and Development facilities in London, Sydney, New York and Yokohama.

 


Contact

Etherstack
David Carter, Chief Financial Officer
T: +61 2 8399 7500
www.etherstack.com

Media: Walbrook Investor Relations
Mr. Ben Knowles
T: +61 426 277 760
ben.knowles@walbrookir.com.au



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