SANTA CLARA, Calif., Aug. 20, 2015 /PRNewswire/ -- UniPixel, Inc. (NASDAQ: UNXL), a provider of Performance Engineered Films™ to the touchscreen and flexible electronics markets, announced today that it has shipped to a potential new major PC and consumer electronics OEM customer the first touch sensor engineering samples that integrate its XTouch touch sensor technology with its new hybrid-metal plating process and Diamond Guard resin coating. The samples are being delivered for assembly into a touchscreen panel that will be evaluated for use in a new 10 inch tablet product.
The samples are the first to be delivered with this combination of attributes. The hybrid-metal plating further improves the visual appearance of the XTouch sensors, and is expected to further enhance robustness of the sensor under extreme environmental stress conditions. Diamond Guard adds a protective coating to the sensor that makes it easier for the touch panel integrator to handle XTouch without damage during the touch panel assembly process and eliminates need for an extra film layer to be added by the touch panel integrator for robustness. This represents both a material handling improvement and a key element of our overall manufacturing cost reduction program.
Mr. Brett Gaines, vice president of sales and marketing, commented, "We are pleased that yet another major PC and consumer electronics manufacturer, this time based in Japan, will be evaluating our technology for inclusion into a new device. The integration of the Atmel touch screen technology that we recently acquired, into UniPixel's advanced touch screen technology brings together the best attributes of two compelling touch technologies that promises unmatched total performance and cost efficiencies. Additionally, UniPixel's ability to shorten the lead-time required to generate a custom design in order to react to this opportunity highlights another aspect of our competitiveness in the marketplace. We continue to expand the number of leading manufacturers that are actively considering UniPixel technology for new product offerings."
UniPixel's XTouch sensors support features such as narrow borders, curved touch surfaces and even edgeless touchscreens while achieving improved linearity, reliability and thinner sensor stacks. As an alternative to traditional touch sensors, XTouch provides the ability to turn unique touch-based concepts into functional designs at lower total system costs.
UniPixel, Inc. (NASDAQ: UNXL) develops and markets Performance Engineered Films for the touch screen and flexible electronics markets. The company's roll-to-roll electronics manufacturing process patterns fine line conductive elements on thin films. The company markets its technologies for touch panel sensor, cover glass replacement, and protective cover film applications under the XTouch™ and Diamond Guard™ brands. For further information, visit www.unipixel.com.
All statements in this news release that are not based on historical fact are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended including the statement that Uni-Pixel's integrated technologies are expected to provide enhanced yields at a lower cost, thereby expanding UniPixel's competitiveness in the touch screen market. While management has based any forward-looking statements contained herein on its current expectations, the information on which such expectations were based may change. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties, and other factors, many of which are outside of our control, that could cause actual results to materially differ from such statements. Such risks, uncertainties, and other factors include, but are not necessarily limited to, those set forth under Item 1A "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2014. We operate in a highly competitive and rapidly changing environment, thus new or unforeseen risks may arise. Accordingly, investors should not place any reliance on forward-looking statements as a prediction of actual results. We disclaim any intention to, and undertake no obligation to, update or revise any forward-looking statements. Readers are also urged to carefully review and consider the other various disclosures in the company's Annual Report on Form 10-K, quarterly reports on Form 10-Q and Current Reports on Form 8-K.
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