ANNOUNCEMENT OF LICENSING ARRANGEMENT
We are pleased to announce that we have recently entered into a licensing arrangement with [LICENSOR, ex. ABC Corp.] pursuant to which we have been granted the exclusive license to manufacture and distribute its unique automotive skid resistant tires.
[DESCRIBE REASONS WHY THIS WILL BENEFIT YOUR COMPANY AND YOUR CUSTOMERS, ex. This licensing arrangement will allow us to offer a wider range of tires to our customers and will strengthen our role as the premier manufacturer and distributor of high end automotive tires].
We look forward to serving you better as a result of the acquisition.