ProPhotonix Limited announced the entering into of a three-year framework product supply and intellectual property ("IP") agreement with a European based global technology group, an existing ProPhotonix customer. Pursuant to the Agreement, ProPhotonix will supply a custom LED illumination system, including hardware and software, featuring unique design attributes to allow for real-time high-speed inspection of manufactured products with irregular optical properties. The Agreement runs for three years, with renewal provisions thereafter, unless otherwise terminated pursuant to various provisions of the Agreement. Whilst the Agreement does not stipulate or require that the customer makes any purchases, ProPhotonix anticipates that system revenue could equate to approximately $0.7 million per annum bringing the total anticipated annual revenue from this customer to approximately $1.2 million.