Jay Meier
This is Jay. One additional quick comment worth noting the Worldwide Touch just close a substantial capital raise in China. That is really what led to the disclosure about the MOU they had to list what they were looking to do with the money. They raised almost $0.5 billion and they listed us as an area of interest of investment for them because they said it publicly we also had to follow on with the disclosure about that. And it is -- so we think there is motivation there. We think that they have great distribution mechanism for our products should we integrate but it's -- in discussions to start putting percentages on it. I mean that would be responsible for us to do that at this point.
Operator
And our next question comes from Gary Sironi, Private Investor. Please go ahead.
Gary Sironi
Good morning. And thanks for taking my call. I'd like to touch base and get a little more information on the arrangement with Avnet. I think Avnet is a great addition to the sales channel for BIO-key but my question really is what steps will BIO-key be taking to support that business and to grow through the distribution network. Specifically as much held a courier and electronic distribution in that industry. I find that they need a tremendous amount of hand holding to get them to do anything. And so how do you plan to get a sense of mindshare with them when they got hundreds of thousands of products for sale in the industry? And will be putting on reps I mean what will you do?
Mike DePasquale
Well, that's a great question. And that goes Gary-- that goes along with virtually any of the large partner arrangements we have. IBM, CA Oracle, If you don't invest in those relationships right, you are not going to get very much of a return and even getting mindshare, even when you do invest in those relationships, getting mindshare is very difficult and our thought process has shifted on this over the last -- really over the last six months to nine months. We feel that we have to do two things. We have to invest in those relationships obviously we have to manage them and we have to work and create mindshare with the reps and we do that as best as we can at regional events or webinar. So we have very tactical things that we do to reach out to them. But we also believe we have to catalyze the market as well. We know that there are some -- each of those players including Avnet service very, very big customers. And we can -- I'll call it nurture the market by maybe marketing a little bit directly to some of those larger customers to get them to ask the question about biometric right. Because Avnet may not go in with the portfolio of products they have and ask the question. But if the customer ask the question of Avnet then it is a win-win right. A win for the customer, win for Avnet, win for us. So it is got to go both ways. But with the limited resources we have. We do -- I think we do the best we can. Given that we are considering a strategic infusion of cash and capital you can bet that that will be one of the areas that we expand significantly going forward.
Operator
[Operator Instructions] And ladies and gentlemen, at this time the Q&A session has now ended. Are there any closing remarks?
Mike DePasquale
Yes. Thank you again for joining us today. We are confident in the demand transit of support of our growth over the past year and half. And expect this trend to continue. We believe we are well positioned in the marketplace both with industry leading technology and solutions as well as very strong base of partners, resellers and long-term customers. I'd like to personally thank our shareholders and friends for their support and patience. We look forward to updating you again in November.
Operator
The conference is now concluded. Thank you for attending today's presentation. You may now disconnect.
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