Current situation in LION‘s key market - SRS
SRS :
- ᡪ industrial customers
- FY2002 revenues ?11M Euros
- No real competitive products
SRS license model has changed ? higher license revenue
For example, a customer who paid before FY2002 $ 50K/year has now committed
to a 5-years license with $ 180K/year
Partnership with Incyte results into new opportunities
New SRS capabilities (e.g. SRS 3D) will lead to even more leverage