SANTA CLARA, Calif., April 13, 2016 /PRNewswire/ -- UniPixel, Inc. (NASDAQ: UNXL), a provider of advanced touch solutions to the touchscreen and flexible electronics markets, today announced additional design wins that will feature UniPixel's XTouch and Diamond Guard products in two new 2-in-1 convertible programs from an existing leading PC manufacturing customer. These two wins expand the company's ongoing business with this customer to four programs.
Both programs will utilize UniPixel's XTouch high response touchscreen sensors offering with its outstanding finger-touch and capacitive stylus performance, coupled with the company's Diamond Guard hardcoat technology to reduce the overall cost and weight of the computing devices. One program will include a device with a 12.3-inch screen, and the other program will include a device with a 12.5-inch screen. Volume production for both programs is expected to commence during the fourth quarter of 2016.
Jeff Hawthorne, president and chief executive officer of UniPixel, said, "These are the third and fourth program awards from this customer already in 2016. This customer is new to us in 2016 and we are delighted with their confidence in the performance of our technology and our ability to deliver the best 2-in-1 experience in the industry. We are pleased with the traction we are gaining in the market with our highly differentiated products. Our XTouch copper metal mesh touch sensor offers important advantages to PC manufacturers resulting from lower sheet resistance which allows for superior touch and stylus performance. And our Diamond Guard hardcoat helps PC manufacturers offer the thinner and lighter computing devices desired by their end-user customers."
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 UniPixel'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 the Company's control, which 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, 2015. UniPixel operates 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. The Company disclaims any intention to, and undertakes 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.
Trademarks in this release are the property of their respective owners
Joe Diaz, Robert Blum, Joe Dorame
Lytham Partners, LLC
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SOURCE UniPixel, Inc.