Flextronics Lab IX Accelerator Program Announces Support For Early-Stage Disruptive Technology Companies

MILPITAS, Calif., Nov. 20, 2013 /PRNewswire/ -- Flextronics (NASDAQ: FLEX) today announced that its accelerator business, Lab IX, has entered into agreement to provide a broad range of support to four different early-stage, disruptive technology companies.

Launched in July of this year, Lab IX, partners with start up, game changing, technology companies and provides support and services to select technology companies incorporating hardware and software innovation. Lab IX is uniquely situated within Flextronics' Silicon Valley Product Innovation Center and providing office and shop space, new product introduction services, design and advanced engineering support, and access to Flextronics' global supply chain and manufacturing expertise.

"We are thrilled to announce that Lab IX has invested in early stage companies that we believe are game-changing," said Lior Susan, vice president and head of Lab IX. "We look forward to providing these companies with services and support as they take their technologies to the next level and leverage a wealth of experience in design, manufacturing and logistics from all of Flextronics' global business units and specialized partners in an unparalleled scale."

Some of the disruptive technology companies that Lab IX has engaged with include:

OMsignal
OMsignal has created apparel that continuously tracks an individual's biometrics to help customers connect to a fitter, healthier, happier self. Embedded sensors in the apparel monitor heart rate, breathing and activity while the OMsignal app displays data in real-time on a mobile phone. OMsignal fits seamlessly into everyday life. Lab IX is working with OMsignal to optimize their manufacturing processes and help redesign their electronics.  

Amiigo
Amiigo combines technology and an innovative sensing technology powered by proprietary discrimination and machine learning algorithms. The technology allows users to not only track what exercise they are doing, but also the amount of reps, sets, duration and intensity, as well as heart rate, blood oxygen and skin temperature.  Lab IX is working with Amiigo to reshape and design its product to optimize for volume manufacturing.

Central Standard Timing
Chicago-based Central Standard Timing (CST) uses innovative materials, technologies and processes that include pairing an E Ink display with a cutting edge flexible solid-state battery that result in a thin, disruptive product. Lab IX is working with CST on design verification testing and developing innovative manufacturing processes.

NextInput
NextInput develops next generation input technology – force-sensitive touch technology for smartphones, tablets, laptops, automotive touch zones and virtually any other electronic device. NextInput, an Advanced Technology Development Company with strong ties to Georgia Tech, offers a complete touch solution called ForceTouch® to electronics manufacturers – proprietary sensors, firmware, and drivers for popular operating systems. Lab IX is currently working with NextInput to further develop their technology and integrate it across multiple consumer electronics products and OEMs.

For more information on Lab IX, visit www.labix.io/.

About Flextronics
Flextronics is a leading end-to-end supply chain solutions company that delivers design, engineering, manufacturing and logistics services to a range of industries and end-markets, including data networking, telecom, enterprise computing and storage, industrial, capital equipment, appliances, automation, medical, automotive, aerospace and defense, energy, mobile, computing and other electronic product categories. Flextronics is an industry leader with $24 billion in sales, generated from helping its customers design, build, ship, and service their products through an unparalleled network of facilities in more than 30 countries and across four continents. Flextronics' service offerings and vertically integrated component technologies optimize customer supply chains by lowering costs, increasing flexibility, and reducing time-to-market. For more information, visit www.flextronics.com or follow us on Twitter @flextronics.

Renee Brotherton

Kevin Kessel

Corporate Communications

Investor Relations

+1 408-576-7189

+1 408-576-7985

renee.brotherton@flextronics.com

kevin.kessel@flextronics.com

 

 

SOURCE Flextronics



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