Data I/O Announces Fireside Chat Hosted by Small Cap Investor Vishal Mishra of Mishra Capital
October 19 2022 - 9:00AM
Business Wire
Topic: Industry 4.0 and Why Everything Needs
to be Connected
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 Vishal Mishra of Mishra Capital
Partners, LLC with the discussion focusing on Industry 4.0, the
emergence of smart factory management systems, and why everything
needs to be connected.
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 technology stack which provides leading
programming solutions for Industry 2.X today, an accelerating
transition to 3.0 with security everywhere, and for 4.0 where
everything will need to be connected on the factory floor
- The Company’s engineering innovations that elevated
automated handling and programming as the new standard
- How Data I/O’s Automotive First Strategy in 2016 paved the
way for technological innovation that is being leveraged for the
Industrial marketplace
- Factory Connectivity Interface which provides for 2-way
communications, advanced analytics and traceability
- Industry worldwide moving toward smart factory management
systems, robotics and autonomous delivery, leveraging the Company’s
ConneX software to connect automated programming devices with smart
manufacturing facilities for the highest quality, efficiency, and
traceability
- The importance of SentriX secure provisioning in a highly
distributed, mobile and connected world without having physical
control of products/assets
- Curiosity and customer attentiveness as part of Data I/O’s
DNA to drive new engineering strategies and delivering the lowest
total cost of programming
- Strategies to consistently harness higher returns on
capital, increasing recurring revenues and generating pricing
power
- Investing in the bottom of the cycle to prepare for the
future; successfully implementing lessons learned during 20+ year
career with Intel
Guest Host: Vishal Mishra of Mishra Capital Partners,
LLC
Vishal Mishra is the founder and Chief Investment Officer of
Mishra Capital Partners, LLC. Mr. Mishra is a value investor
specializing in micro cap securities based in the U.S. As an avid
admirer of Benjamin Graham and Warren Buffett, Vishal Mishra
follows the core principles of value investing. He also is a member
of the Micro Cap Club where he shares investment ideas. In
addition, he contributes to other online investor sites. Mr. Mishra
is the proud founder of a nonprofit called Project Punch Card which
tries to promote underrepresented students within the Investment
Management industry.
Disclosure: On the date of the fireside chat recording, Mishra
Capital Partners, LLC owned shares of Data I/O Corp.
Data I/O Fireside Chat Series
Schedule:
The series includes interviews on a monthly basis over six
months from June through November 2022. 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, LLC
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/20221019005430/en/
Joel Hatlen Chief Operating and Financial Officer Data I/O
Corporation Darrow Associates, Inc. Jordan Darrow (512) 551-9296
jdarrow@darrowir.com
Data I O (NASDAQ:DAIO)
Historical Stock Chart
From Jul 2024 to Jul 2024
Data I O (NASDAQ:DAIO)
Historical Stock Chart
From Jul 2023 to Jul 2024