Duraswitch Licensee, Eastprint, Acquires Membrane Switch Assets of Ark-Les Corp.
November 08 2005 - 10:00AM
PR Newswire (US)
PHOENIX, Nov. 8 /PRNewswire-FirstCall/ -- The Duraswitch division
of InPlay Technologies, Inc. (NASDAQ:NPLA) announced today that
licensee, Eastprint Incorporated, a leading membrane switch
manufacturer has acquired the membrane Switch business unit from
Ark-les Corp. "Eastprint is one of our top licensees, named
Licensee of the Year multiple times, and a strong proponent for the
Duraswitch technologies. We are thrilled to see their continued
success and leadership in the flat panel switch market," said Tim
Kuhn, vice president business development, InPlay Technologies.
"This acquisition broadens our customer base in key markets," said
Tom Bianchi, vice president, sales and marketing, Eastprint.
"Eastprint has maintained technological leadership over the years
by successfully servicing the requirements of our customers in the
medical and industrial controls markets. This acquisition provides
key market share within the appliance OEM market." Eastprint will
consolidate the Gloucester, Mass. Ark-les operations into its North
Andover, Mass. facility. In addition Eastprint has established its
infrastructure in Juarez, Mexico to consolidate those assets that
are located in Mexico. "Eastprint is now poised to service our
customers' requirements from three manufacturing locations located
in three countries -- the United States, Mexico and China," Bianchi
concluded. About Eastprint Eastprint Inc. is global value added
manufacturer of membrane switches and related front panel
assemblies, incorporating patented and proprietary switch
technologies. A privately held company, Eastprint has been a
leading provider of custom membrane switches solutions to the
electronic OEM market since 1980. For more information, visit
http://www.eastprint.com/ or call Tom Bianchi at 978.975.5255.
About InPlay Technologies InPlay Technologies markets and licenses
proprietary emerging technologies. The company was founded to
commercialize its internally developed Duraswitch electronic switch
technologies and has executed license agreements with switch
manufacturers and OEMs worldwide. Today, Duraswitch patented
technologies are in the controls of a wide range of commercial and
industrial applications. InPlay recently expanded its portfolio of
technologies with the acquisition of FinePoint Innovations, a
developer of pen computing products for tablet PCs and computer
peripherals. FinePoint's digital solution is the computing pen and
digitizer for a major computer OEMs newly launched line of
convertible notebooks. InPlay Technologies is focused on further
commercialization of these technologies and leveraging its
licensing model with additional, innovative technologies. Visit
http://www.inplaytechnologies.com/ for more information.
DATASOURCE: InPlay Technologies, Inc. CONTACT: Heather Beshears,
Vice President, Corporate Communications of InPlay Technologies,
+1-480-586-3357, Web site: http://www.eastprint.com/ Web site:
http://www.inplaytechnologies.com/
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