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Migo agreement with Kingston technology

Ralf Jurrien : 2006-09-25 10:10:00
Migo agreement with Kingston technology : Migo Software, Inc. today announced the signing of a License Agreement with Kingston Technology Corporation. The renewable $1.850 million License Agreement grants Kingston, the independent global leader in memory products, a worldwide license to bundle and market Migo software on its entire flash drive line of products through December 2007. Separately, Migo Software also announced the signing of a Stock Purchase Agreement whereby Kingston has invested $150,000. "We’re honored that Kingston not only recognizes the value that Migo adds to their flash drive line, but also that they have become a shareholder in Migo Software," said Migo Software CEO Kent Heyman.

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