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Press release

Image Systems AB: Image Systems' Business Area Motion Analysis receives an order worth approximately SEK 3 Million from a U.S. Medtech Customer

30.12.2024, 10.02
Image Systems

The order includes two subscription licenses for the TEMA software and its associated modules, with an initial term of five years. Revenue from the order will be recognized on a monthly basis throughout the contract period.

"Our efforts to increase the share of subscription licenses are paying off, and this order confirms that our strategy aligns well with market demands. By transitioning to a subscription model, we enhance the resilience of our business model," says Johan Friberg, CEO of Image Systems.

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