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  March 3, 2009 News Release

SCANNERTECH LLC ANNOUNCES LICENSE AGREEMENT

 

    SCANNERTECH LLC today announced it has entered into a licensing agreement with Scanner Technologies Corporation. 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.

 

    “We are excited about this agreement,” said Paul Crawford, the Chief Executive Officer of Scanner Technologies Corporation. “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.”