Immersion Appoints Mike Okada as General Counsel and Senior Vice President, IP Licensing & Legal Affairs
May 14 2019 - 4:50PM
Business Wire
Immersion Corporation (Nasdaq: IMMR), the leading developer and
licensor of touch feedback technology, today announced the
appointment of Mike Okada as the company’s General Counsel and
Senior Vice President, IP Licensing & Legal Affairs. Mike will
join Immersion’s executive team and manage the company’s legal,
regulatory, and intellectual property affairs. He replaces Amie
Peters, the outgoing General Counsel who served over a decade in a
variety of roles at Immersion.
“Mike’s extensive experience in technology and corporate law
makes him an ideal fit for Immersion,” said Ramzi Haidamus,
Immersion CEO. “His depth of expertise in IP licensing and complex
transactions with global technology leaders will support the
continued growth of our business. I also want to thank Amie for her
support and dedication to the Immersion team and shareholders. Her
contributions over the last decade have made a positive and lasting
impact on the company.”
Prior to joining Immersion, Mike held the position of Vice
President, IP Transactions and Legal Affairs, at Dolby
Laboratories. He led a global team supporting the company’s audio
and imaging technology businesses with over one thousand licensees
across the mobile, PC, consumer electronics, and broadcast
segments. Previously, he was a partner at Wilson, Sonsini,
Goodrich & Rosati where he was a member of the firm's
Technology Transactions Group where his practice focused on
domestic and international intellectual property and commercial
transactions. Mike holds a JD from the University of Southern
California and an AB in Economics from Columbia University.
“I’m excited to be joining Immersion, a recognized leader in
haptics,” commented Mike Okada. “I look forward to working with the
team to scale adoption of digital touch experiences in the
market.”
About Immersion
Immersion Corporation (NASDAQ:IMMR) is the leading
innovator of touch feedback technology, also known as haptics. The
company provides technology solutions for creating immersive and
realistic experiences that enhance digital interactions by engaging
users’ sense of touch. With more than 3,600 issued or pending
patents, Immersion's technology has been adopted in more than 3
billion digital devices, and provides haptics in mobile,
automotive, advertising, gaming, medical and consumer electronics
products. Immersion is headquartered in San Jose,
California with offices worldwide. Learn more
at www.immersion.com.
Forward-looking Statements
This press release contains “forward-looking statements” that
involve risks and uncertainties as well as assumptions that, if
they never materialize or prove incorrect, could cause the results
of Immersion Corporation and its consolidated subsidiaries to
differ materially from those expressed or implied by such
forward-looking statements.
All statements, other than the statements of historical fact,
are statements that may be deemed forward-looking statements.
Immersion’s actual results might differ materially from those
stated or implied by such forward-looking statements due to risks
and uncertainties associated with Immersion’s business, which
include, but are not limited to, potential and actual claims and
proceedings, including litigation involving Immersion’s
intellectual property; the impact of litigation developments on
existing and potential customers; delay in or failure to achieve
commercial demand for Immersion’s or its licensees’ products; the
impact of new accounting standards that will affect key items such
as revenue recognition and sales commissions; unexpected
difficulties in monetizing the patent portfolio; the commercial
success of applications or devices into which Immersion’s
technology is licensed; the continued popularity of mobile games
and wearables; potentially lengthy sales cycles and design
processes; unanticipated difficulties and challenges encountered in
development efforts; unexpected costs; the fact that certain target
markets are still relatively nascent; risks associated with doing
business internationally; litigation costs in any current or future
litigation; failure to retain key personnel; ability to retain
personnel; competition; the inherently uncertain nature of
litigation which makes future outcomes and timing difficult to
predict; the impact of global economic conditions and foreign
currency exchange rates and other factors. Many of these risks and
uncertainties are beyond the control of Immersion.
For a more detailed discussion of these factors, and other
factors that could cause actual results to vary materially,
interested parties should review the risk factors listed in
Immersion’s Annual Report on Form 10-K for 2018 and its most recent
Quarterly Report on Form 10-Q which are on file with the U.S.
Securities and Exchange Commission. The forward-looking statements
in this press release reflect Immersion’s beliefs and predictions
as of the date of this release. Immersion disclaims any obligation
to update these forward-looking statements as a result of
financial, business, or any other developments occurring after the
date of this release.
Immersion, the Immersion logo and TouchSense are trademarks or
registered trademarks of Immersion Corporation in the United States
and other countries. All other trademarks are the property of their
respective owners.
The use of the word “partner” or “partnership” in this press
release does not mean a legal partner or legal partnership.
(IMMR - C)
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version on businesswire.com: https://www.businesswire.com/news/home/20190514006069/en/
Media Inquiries:Linda Quach,
+1-408-350-8832lquach@immersion.com
Investor Inquiries:The Blueshirt GroupJennifer Jarman,
+1-415-217-5866jennifer@blueshirtgroup.com
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