InPlay Technologies (NASDAQ: NPLA), a developer of innovative human interface devices for electronic products, has entered into a development agreement with Blue Cube LCD, a leading display integrator. Under the agreement, Blue Cube is utilizing InPlay�s integrated digital pen and capacitive touch input solution to design computing platforms for OEM customers. �We are pleased to enter this new relationship with Blue Cube, a company known for its innovative custom solutions. Blue Cube serves a roster of well-known OEMs, making this a strong validation of our technology,� said Ramesh Ramchandani, president and COO, InPlay. InPlay�s design integrates its patented, active digital pen and multi-finger capacitive touch input, allowing the user to choose the most natural and effective input means. The active digital pen optimizes handwriting recognition and allows for added digital features. The capacitive touch screen offers a quick, proximity sensing, intuitive interface for cursor selection and navigation. �We always keep an eye toward the latest technology,� said Jason Meyer, Blue Cube CEO. �InPlay provides a compelling package with its digital architecture, progressive roadmap for touch integration and feature enhancement capability. This unique technology allows us design flexibility and gives our customer a leading-edge interface solution.� InPlay�s patented digital computing system allows the user to communicate directly with the computer or other electronic device via an active RF signal. The digitizer behind the LCD screen employs bi-directional electromagnetic technology to communicate with the pen as it moves across the surface, reporting the tip status, sensitivity, pen position, and other details. The active digital pen optimizes handwriting recognition and allows for added digital features not easily achieved with analog products. InPlay offers OEMs the choice of battery-powered or battery-free, cordless or corded pen products, all designed to meet a wide range of markets from smartphones to tablet PCs. About Blue Cube LCD Founded in 2003, Blue Cube LCD is a premier display integrator for customers in a wide range of industries including avionics, marine, industrial, medical and automotive. Blue Cube is dedicated to excellence in display products and has introduced a number of technological advancements in the field. Its headquarters and manufacturing facility are located in Charles City, Iowa. For more information, visit www.bluecubelcd.com. About InPlay Technologies InPlay Technologies is a developer of innovative human interface devices for electronic products. The company's FinePoint division offers the only digital-based pen-input solution for the rapidly growing mobile computing market.�With InPlay�s digital technology, OEMs have�an almost limitless roadmap for development of new�features and functions for their product designs. The Company�s 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 enabling OEMs to create ergonomic, space saving input panels for�a wide range of�applications. 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 validation and advantages of our technology and potential benefits of development agreements, including the potential for future customer orders. Risks and uncertainties that could cause results to differ materially from those projected include lack of market acceptance of our products, general changes in demand in the personal computing industry 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, 2007 as filed with the Securities and Exchange Commission on March 24, 2008. 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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