SANTA CLARA, Calif.,
Sept. 12, 2016 /PRNewswire/ --
UniPixel, Inc. (NASDAQ: UNXL), a provider of advanced touch
solutions to the touchscreen and flexible electronics markets,
today announced the 21st design win awarded to the
Company since the beginning of calendar 2016. The Company has been
awarded a 13.3-inch laptop program from an existing customer
directed to the consumer market. The new device will include
UniPixel's leading-edge XTouch touchscreen sensors and Diamond Guard hardcoat to maximize touchscreen
responsiveness and seamlessly support the Microsoft Pen
protocol.
Jeff Hawthorne, president and
chief executive officer of UniPixel, said, "We are starting to
receive design awards for increasingly higher volume consumer
devices, as compared to the products targeting the commercial
market that has driven our revenue to date. This laptop will
contribute to our 2017 revenue growth as it comes to market."
"Increasingly, the combination of our XTouch sensors and
Diamond Guard hardcoat is attracting
new design wins as the demand for stylus use by technology users
expands," continued Mr. Hawthorne. "The broadening adoption of the
Windows 10 operating system, the Windows Surface Pro device, and
other similar devices, are proliferating touchscreen technology and
propelling the adoption of active stylus. The combination of
touchscreen technology and active stylus appears to be on its way
to becoming the industry standard. UniPixel is well positioned to
be a leading provider of technology to enable this development on a
broad scale."
"Our copper metal mesh sensors offer significantly lower sheet
resistance, which enhances touchscreen and stylus responsiveness,"
concluded Mr. Hawthorne. "This type of design win validates our
technology and demonstrates the confidence that major device
manufacturers have in UniPixel's ability to manufacture and deliver
critically important components for their next generation
devices."
Volume production for this program is expected to commence in
the first quarter of calendar 2017. The announcement of this new
product win, plus the programs originally acquired in the
April 2015 acquisition, the others
awarded this year and the one product announced late in 2015,
brings to 25 the total number of programs awarded to UniPixel.
About UniPixel
UniPixel, Inc. (NASDAQ: UNXL)
develops and markets Performance Engineered Films for the touch
screen and flexible electronics markets. The company's roll-to-roll
electronics manufacturing process patterns fine line conductive
elements on thin films. The company markets its technologies for
touch panel sensor, cover glass replacement, and protective cover
film applications under the XTouch™ and Diamond Guard™ brands. For
further information, visit www.unipixel.com.
Forward-looking Statements
All statements in
this news release that are not based on historical fact are
"forward-looking statements" within the meaning of Section 27A of
the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended, including the
statements regarding future revenues and estimated dates of
production. Such statements contain words such as "will," and
"expect," or the negative thereof or comparable terminology.
These statements are based on management's current expectations.
These forward-looking statements rely on a number of assumptions
concerning future events and are subject to a number of risks,
uncertainties, and other factors, many of which are outside of
UniPixel's control, that could cause actual results to materially
differ from such statements. These risks, uncertainties, and other
factors include, but are not necessarily limited to, the ability to
extend product offerings into and compete successfully in new areas
or products, the ability to compete in our currents markets, the
ability to commercialize licensed technology, unexpected
occurrences that deter the "bring to market" plan for products,
trends and fluctuations in the industry, changes in demand and
purchasing volume of customers, our ability to attract and retain
qualified personnel, our ability to raise additional capital, the
ability to move product sales to production levels, the success of
product sales in new markets or of recently produced product
offerings, the ability to enforce our intellectual property rights
and those set forth under Item 1A "Risk Factors" in our Annual
Report on Form 10-K for the year ended December 31, 2015 and other current and periodic
reports filed or furnished from time to time with the SEC. All
forward-looking statements in this press release are made as of the
date hereof, based on information available to UniPixel as of the
date hereof, and UniPixel assumes no obligation to update any
forward-looking statement.
Trademarks in this release are the property of their respective
owners
Contact:
Joe Diaz,
Robert Blum, Joe Dorame
Lytham Partners, LLC
602-889-9700
unxl@lythampartners.com
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SOURCE UniPixel, Inc.