InPlay's Duraswitch thiNcoder Chosen for Humidifier Controls
December 06 2005 - 9:15AM
PR Newswire (US)
PHOENIX, Ariz., Dec. 6 /PRNewswire-FirstCall/ -- InPlay
Technologies (NASDAQ:NPLA) announced today that Duraswitch has
received a 1 million unit purchase order covering the next 16
months for thiNcoder(R) rotary switch technology from licensee,
Dawar Technologies, Inc. Dawar is producing control panels for a
leading home medical device company. "Our technologies are in the
controls of a wide range of medical devices from MRIs to X-ray
machines. We are pleased to see Dawar's success in expanding that
to include consumer medical devices," said Bob Brilon, InPlay CEO.
Dawar has completed prototype production and full volume production
is expected to begin in early 2006. "With the space and
environmental requirements for these control panels, the Duraswitch
thiNcoder is the best fit. It is also a cost effective, ergonomic
alternative to multiple pushbuttons or traditional potentiometer
technologies," Jarzynka continued. "We leveraged each company's
core competencies to help manage a successful integration of the
products' design and manufacture, ensuring all timelines and
economic considerations of the project were achieved. The medical
OEM managed product design and production of molded plastic piece
parts. Dawar's responsibilities included circuit design, production
and supply chain management of the final component. Duraswitch
supplied the thiNcoder technology and design expertise," said Tim
Kuhn, vice president business development, InPlay Technologies.
Duraswitch thiNcoder technology enables a thin, non-invasive rotary
switch with a package depth below the overlay of less than 0.085".
thiNcoder eliminates secondary processes and offers lower component
costs. thiNcoder is easily integrated on flex circuit with other
Duraswitch technologies such as the PushGate(R) and MagnaMouse(TM),
as well as traditional technologies such as dome and membrane
switches. Duraswitch licensed manufacturers retain control of the
manufacturing process. Duraswitch receives a $0.25-0.75 per-switch
royalty, based on volumes, as the technology is incorporated into
control panels. About Dawar Dawar is a privately held manufacturer
headquartered in Pittsburgh, Penn. Certified to ISO 9001-2000
standards, Dawar offers manufacturing and engineering services for
high volume, low volume and prototype projects. The company's
product line includes membrane switches, overlays, keypads, touch
screens and smart cards. More information is available at
http://www.dawar.com/ or call 1-800-366-1904. 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 OEM's newly launched line of convertible notebooks. Visit
http://www.inplaytechnologies.com/ for more information. This news
release contains certain "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1933 and Section
21E of the Securities Exchange Act of 1934, as amended. These
forward-looking statements include, but are not limited to,
statements regarding anticipated production using our thiNcoder
technology and potential royalty revenue. Risks and uncertainties
that could cause results to differ materially from those projected
include changes in production timing and volume, unforeseen
manufacturing difficulties and other uncertainties described from
time to time in our documents filed with the Securities and
Exchange Commission, including our Annual Report on Form 10-KSB for
the year-ended December 31, 2004. These forward-looking statements
represent our beliefs as of the date of the press release and we
disclaim any intent or obligation to update these forward- looking
statements. DATASOURCE: InPlay Technologies CONTACT: Heather
Beshears, Vice President, Corporate Communications, InPlay
Technologies, +1-480-586-3357, Web site: http://www.dawar.com/ Web
site: http://www.inplaytechnologies.com/
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