InPlay Technologies Licenses Duraswitch Technology to Miller Dial
February 28 2007 - 9:15AM
Business Wire
InPlay Technologies (NASDAQ: NPLA) announced that it has executed a
non-exclusive license agreement with Miller Dial LLC, granting
Miller Dial the right to market and manufacture products using
Duraswitch� patented electronic switch technologies. Duraswitch
technology includes PushGate�, a thin, durable pushbutton with
crisp tactile feedback, thiNcoder�, a flex circuit mounted rotary
switch that enables low-cost integration with pushbutton switches,
and MagnaMouseTM, a flat-panel, circular wheel control to dial up
and down on an electronic device. �Our customers needed a robust
switch technology and we believe the Duraswitch technology provides
it. As we enter our 70th year, we continue to expand our product
offerings and provide the best solutions,� said Jim Kaldem, general
manager, Miller Dial. �Our licensing business model allows OEMs to
specify Duraswitch technology in their designs, which drives new
licensees for our technology,� said Tim Kuhn, vice president
business development for InPlay. �In this case, multiple OEMs
requested that Miller Dial become a Duraswitch licensee. Miller
Dial starts out ahead of the game with several customers already
moving forward with the Duraswitch technology.� Duraswitch
technologies can be easily adapted to meet a wide range of design
requirements, giving switch manufacturers and OEMs advantages over
other types of switches. thiNcoder is an extraordinarily thin,
sealed rotary switch integrated on a flex circuit that can be
customized for any application. PushGate offers numerous options
including a normally closed option, safety switches to eliminate
contact bounce and high-impact designs for abusive environments.
Duraswitch licensed manufacturers retain control of the
manufacturing process. Duraswitch receives a $0.10-0.75 per-switch
royalty, based on volumes, as the technology is incorporated into
control panels. About Miller Dial Headquartered in El Monte,
California, Miller Dial was founded in 1937. In the 70 years since
its founding, the Company has established a national reputation for
providing high quality products and outstanding customer service.
Miller Dial has developed a substantial base of tools, dies,
artwork and proprietary processes used to manufacture its custom
products. The Company is one of the largest manufacturers in its
industry, and has consistently ranked among the top 15 of
Screenprinting Magazine�s annual listing of the top 100 screen
printers. Visit www.millerdial.com for more information. About
InPlay Technologies InPlay Technologies develops, markets and
licenses proprietary emerging technologies. Working with licensees
and OEM customers, InPlay offers technology solutions that enable
innovative designs and improved functionality for electronic
products. The company's MagicPoint� technology is the only
digital-based pen-input solution for the rapidly growing tablet PC
and mobile computing markets. Its Duraswitch� brand of electronic
switch technologies couples the friendly tactile feedback of
mechanical pushbuttons and rotary dials with the highly reliable,
thin profile of membrane switches, making it ideal in a wide range
of commercial and industrial applications. InPlay is focused on
further commercializing these technologies and seeking additional
innovative technologies to enhance its portfolio. Visit
www.inplaytechnologies.com for more information.
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