Baltimore Technologies today clarified a statement issued yesterday on a series of new contracts for its online security products, saying these contracts were won "over a period of time."
Baltimore said today it would "like to make clear that these particular contracts were signed over a period of time and yesterday's announcement should not be interpreted as being indicative of material incremental license revenue for the company."
The company said yesterday it has signed up a further six banking groups for its products, including Bayerische Hypo- und Vereinsbank in Germany, Staalbankiers in The Netherlands, Zagrebacka Banka in Croatia, Allied Irish Bank and Anglo Irish Bank Corp in Ireland and Dexia Bank in Belgium, bringing its client base to over 100 financial services customers.
AFP