IRVINE,
Calif., July 6, 2022 /PRNewswire/ -- Interlink
Electronics, Inc. (NASDAQ: LINK), a full-service technology partner
and global leader in printed electronics and sensor technologies,
is pleased to announce the following updates on several key
technology deployments and successes that Interlink has
delivered:
- Successful integration of its FSR technology in a new
application by a Tier One Automotive Supplier for a major OEM.
First production shipped in 1st half of 2022.
- Collaboration on a second generation sensor with a major
medical equipment manufacturer who has already integrated Interlink
sensors in their robotic-assisted surgery platform solution. This
enhanced solution is expected to ship in 2023.
- Successful development of a sensor solution as part an infusion
medical device system used to deliver fluids into a patient's body
in a controlled manner. First production parts are expected to ship
in the current quarter.
- Interlink continues to work with customers at the leading edge
of technology, having recently received an initial mass production
order for over $400,000 of products
from a leading supplier of VR hardware, which is scheduled to ship
over the next 120 days.
- Interlink's ability to work closely with customers has allowed
it to successfully develop and integrate sensors into a new Smart
Mattress Application with first production parts expected to ship
in the current quarter.
"We believe these successes reinforce the momentum from our
previous and current investments in both our team and our
product/technology capabilities," stated Steven N. Bronson, CEO of Intelink Electronics,
Inc. "We also look forward to broadening our sensor technology
portfolio with the launch of our Piezoelectric sensor line in the
4th quarter of 2022," Mr. Bronson added.
About Interlink Electronics,
Inc.
Interlink Electronics is a full-service technology partner and
leading provider of sensing and human-machine interface (HMI)
solutions. Since introducing the Force Sensing Resistor (FSR®) to
market 37 years ago, Interlink has maintained a track record of
innovation and manufacturing excellence supported by its
vertically-integrated, in-house capabilities. Interlink has made
significant investments in R&D and product development,
demonstrating its commitment to diversifying its product line,
expanding into new markets, and growing its global partner
channels. Focused on expanding as a diversified high-growth
technology and industrial leader, Interlink is pursuing
acquisitions within the following four sectors: Sensors, Test &
Measurement, Engineering Services, and Specialty
Components/Solutions Manufacturers. For more information, please
visit InterlinkElectronics.com.
Forward Looking
Statements
This release contains forward-looking statements.
Forward-looking statements include, but are not limited to, the
timing of product shipments and are generally identified by phrases
such as "thinks," "anticipates," "believes," "estimates,"
"expects," "intends," "plans," and similar words. Forward-looking
statements are not guarantees of future performance and are
inherently subject to uncertainties and other factors which could
cause actual results to differ materially from the forward-looking
statement. These statements are based upon, among other things,
assumptions made by, and information currently available to,
management, including management's own knowledge and assessment of
the company's industry, the timing of orders for company products,
R&D initiatives, competition and capital requirements. Other
factors and uncertainties that could affect the company's
forward-looking statements include, among other things, the
following: our success in predicting new markets and the acceptance
of our new products; efficient management of our infrastructure;
the pace of technological developments and industry standards
evolution and their effect on our target product and market
choices; the effect of outsourcing technology development; changes
in the ordering patterns of our customers; a decrease in the
quality and/or reliability of our products; protection of our
proprietary intellectual property; competition by alternative
sophisticated as well as generic products; continued availability
of raw materials for our products at competitive prices;
disruptions in our manufacturing facilities; risks of international
sales and operations including fluctuations in exchange rates;
compliance with regulatory requirements applicable to our
manufacturing operations; and customer concentrations. Additional
factors that could cause actual results to differ materially from
those anticipated by our forward-looking statements are under the
captions "Risk Factors" and "Management's Discussion and Analysis
of Financial Condition and Results of Operations" in our most
recent Annual Report (Form 10-K) or Quarterly Report (Form 10-Q)
filed with the Securities and Exchange Commission. Forward-looking
statements are made as of the date of this release, and we
expressly disclaim any obligation to publicly update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise.
Contact:
Interlink Electronics, Inc.
IR@iefsr.com
Steven N. Bronson, CEO
805-623-4184
View original content to download
multimedia:https://www.prnewswire.com/news-releases/interlink-electronics-provides-new-product-and-technology-update-301581249.html
SOURCE Interlink Electronics