Topic: Managing a Resilient Supply
Chain
Data I/O Corporation (NASDAQ: DAIO), the leading global provider
of advanced security and data deployment solutions for
microcontrollers, security ICs and memory devices, today announced
the availability of its latest installment in a series of
interviews with its President and CEO, Anthony Ambrose. Mr. Ambrose
was interviewed by guest host Gene Inger of The Inger Letter with
the discussion focusing on modern day development and management of
a resilient global supply chain.
The interview is being streamed for public viewing over the
Internet and can be accessed via the Webcasts and Presentations
section of the Data I/O Corporation website at www.dataio.com and
on all of the Company’s social media feeds. The websites and online
platforms of each of the fireside chat series event hosts are able
to carry the interviews on the respective date of publication. The
fireside chat series will culminate with the celebration of the
Company’s 50th Anniversary.
During the interview made available today, Mr. Ambrose
addresses:
- Data I/O’s supply chain strategy with specific focus on
global semiconductor, IoT and automotive electronics
demands
- How the Company’s supply chain is differentiated to provide
unparalleled service and support for the data programming and
security deployment industries
- Managing cyclicality of the semiconductor sector and the
Company’s transition of capital equipment sales into a recurring
revenue model, highlighting the emergence of SentriX® security
deployment services
- Growth in data programming demand in the automotive sector
amplified by electrification (EV), increasing opportunities in the
industrial market, and the broader silicon/board ecosystem
including security measures to bridge the electronic and physical
value chains
- Supply chain implications associated with the US
government’s CHIPS Act of 2022 -- “The CHIPS and Science Act is a
once in a generation investment in America itself,” said President
Biden
- Cross border leverage with manufacturing, engineering,
technical/customer support, sourcing and supplies through
facilities in the US and China for global coverage; protecting the
Company’s expanding intellectual property (IP) portfolio
Guest Host: Gene Inger, Founder, The Inger Letter
Recognized by CNBC as one of its original Market Mavens, Gene
Inger retired from portfolio management to commence the publishing
of his popular Daily Briefing commentary nightly in modern digital
form. He also updates its companion MarketCast several times daily,
with a focus on intraday patterns for key stock indexes and
commodities. Coverage of stock market analysis and changing
economic conditions are the topics of “The Inger Letter,” which
combines today’s latest evolving technology with decades of
investing and understanding of macroeconomics and trading tactics.
Mr. Inger began investing at age 13 but his career as a
professional investor began at a major Wall Street firm where his
stock selections easily outperformed others (back then his firm’s
Senior Partners got byline credit). He later went directly to
investors by returning to California to become the first to call
hourly market moves. Back home on ‘the Coast’, he anchored KWHY-TV
in Los Angeles, the nation’s first financial television station.
New financial television programs in several cities followed in San
Francisco, Seattle, Dallas, St. Louis and Miami/Fort Lauderdale,
along with participation from affiliates on other cities. Mr. Inger
has been quoted or written for major print publications, including
“Wall Street Journal®,” “Barron’s®,” “New York Times®,” “Los
Angeles Times®,” “Equities®,” and “Finance®” magazines; plus other
venues even including a number of guest seminars focused on S&P
trading and options; for brokerage firms and on cruise ships. With
his television programming platform absorbed into CNBC, he
continued to provide his investment insights to an avid fan base
through his newsletter The Inger Letter.
https://ingerletter.com/
Data I/O Fireside Chat Series
Schedule:
The series will include interviews on a monthly basis over the
next six months. Data I/O is pleased to have guest hosts who are
well-known and highly respected investment community professionals
and financial newsletter writers and influencers. Conversations are
intended to focus on important and timely topics that relate to the
Company, its platform technologies and the global business
environment. Interviews will be made available by Data I/O and the
respective session host as detailed below:
June 15, 2022 – The Data I/O Opportunity Guest Host: Tim
Weintraut of Alpha Wolf Trading
July 13, 2022 – The Future of Semiconductors for Automotive
and Electronics OEMs Guest Host: Suji Desilva of Roth
Capital
August 17, 2022 – Managing a Resilient Supply Chain Guest
Host: Gene Inger of Inger Newsletter
September 14, 2022 – The Future of Security - SentriX®
Security Deployment Platform Guest Host: Avi Fisher of Long
Cast Advisors
October 19, 2022 – Industry 4.0 and Why Everything Needs to
be Connected Guest Host: Vishal Mishra of Mishra Capital
Partners
November 14, 2022 – Data I/O’s 50th Anniversary – The Next 50
Years Guest Host: Maj Soueidan of GeoInvesting
About Data I/O Corporation
Since 1972, Data I/O has developed innovative solutions to
enable the design and manufacture of electronic products for
automotive, Internet-of-Things, medical, wireless, consumer
electronics, industrial controls and other electronics devices.
Today, our customers use Data I/O’s data programming solutions and
security deployment platform to secure the global electronics
supply chain and protect IoT device intellectual property from
point of inception to deployment in the field. OEMs of any size can
program and securely provision devices from early samples all the
way to high volume production prior to shipping semiconductor
devices to a manufacturing line. Data I/O enables customers to
reliably, securely, and cost-effectively bring innovative new
products to life. These solutions are backed by a portfolio of
patents and a global network of Data I/O support and service
professionals, ensuring success for our customers.
Learn more at dataio.com
Forward-Looking Statement and Other Disclaimers
Statements in this news release concerning economic outlook,
expected revenue, expected margins, expected savings, expected
results, orders, deliveries, backlog and financial positions,
semiconductor chip shortages, supply chain expectations, as well as
any other statement that may be construed as a prediction of future
performance or events are forward-looking statements which involve
known and unknown risks, uncertainties and other factors which may
cause actual results to differ materially from those expressed or
implied by such statements. Forward-looking statement disclaimers
also apply to the global COVID-19 pandemic, including the expected
effects on the Company’s business from Shanghai’s COVID-19
lockdowns, the duration and scope, impact on the demand for the
Company’s products, and the pace of recovery for the COVID-19
pandemic to subside, and the Russian invasion of Ukraine including
any related international trade restrictions. These factors include
uncertainties as to the ability to record revenues based upon the
timing of product deliveries, shipping availability, installations
and acceptance, accrual of expenses, coronavirus related business
interruptions, changes in economic conditions, part shortages and
other risks including those described in the Company's filings on
Forms 10-K and 10-Q with the Securities and Exchange Commission
(SEC), press releases and other communications.
This press release and the interviews to be published as part of
the Data I/O fireside chat series are for informational purposes
only and should not be considered investment advice, an offer to
sell, or a solicitation of an offer to buy any security. Interview
hosts have voluntarily agreed to participate in this event series
and no compensation will be paid or furnished to them or their
respective organizations. The participation of hosts and their
respective organizations do not represent an offer to buy or sell
any security to or from any person or other entity through their
platforms. Prior to making any investment or subscribing to any of
the platforms associated with the fireside chat series,
listeners/viewers are encouraged to consult with professional
financial, legal advisor and tax advisors to assist in due
diligence as may be appropriate in determining the risk associated
with any investment.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220817005044/en/
Joel Hatlen Chief Operating and Financial Officer Data I/O
Corporation
Darrow Associates, Inc. Jordan Darrow (512) 551-9296
jdarrow@darrowir.com
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