InPlay Technologies Establishes Presence in Japan
July 11 2007 - 9:15AM
Business Wire
InPlay Technologies (NASDAQ: NPLA) today announced that it has
partnered with Japan Entry Corporation to expand business
development efforts and provide local support for OEMs and
strategic partners in Japan. �Japan is home to several dozen of our
potential customers and partners,� commented Steve Hanson, Chairman
and CEO, InPlay. �Japan Entry Corporation provides a proven local
presence to market, sell, and support these relationships, and
determine key market opportunities for InPlay�s state-of-the-art
pen-input digitizer technologies for PCs, smartphones, and other
mobile computing devices.� �InPlay�s pen and digitizer technology
provides OEMs with new possibilities for digital pen input. We are
excited about the opportunity to help advance adoption through our
contacts and relationships in Japan,� said Jack Plimpton, President
of Japan Entry Corporation. InPlay is targeting computer OEMs to
incorporate its patented MagicPoint� technology for tablet PCs and
convertible notebooks as well as partnerships with providers of
complementary components such as LCDs and touchscreens. MagicPoint
is the only active RF pen input solution with digital stream
communication available today. The analog technology used on most
systems uses an analog communication method with limited potential
for feature enhancements. InPlay�s digital technology offers OEMs
an almost limitless roadmap for development of features and
functions for their product designs. InPlay recently introduced its
initial advancement using digital stream communication with its
InPEN, the first intelligent pen for integration with tablet PCs.
About Japan Entry Japan Entry helps Western high-tech companies
establish or expand sales channels in Japan and recruit key
personnel to accelerate revenue growth. Since 1989, Japan Entry has
assisted over 175 companies, including Esmertec, Wind River, and Zi
Corporation to make Japan a top revenue-producing market for their
products. Japan Entry provides access to decision-makers, sales
expertise to gain revenue traction quickly, strategic analysis of
business opportunities, and time-tested cross-cultural guidance to
facilitate productive relationships. Visit www.japanentry.com for
more information. About InPlay Technologies InPlay Technologies
develops, markets and licenses proprietary emerging technologies.
Working with its 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. 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 statements
regarding our ability to leverage this partnership to provide local
support, determine key opportunities and advance adoption of our
technology. Risks and uncertainties that could cause results to
differ materially from those projected include lack of market
acceptance of our technologies 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, 2006, as filed with the Securities and
Exchange Commission on April 2, 2007. These forward-looking
statements represent our beliefs as of the date of this press
release and we disclaim any intent or obligation to update these
forward-looking statements.
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