SANTA CLARA, Calif., April 20, 2016 /PRNewswire/ -- UniPixel, Inc. (NASDAQ: UNXL), a provider of advanced touch solutions to the touchscreen and flexible electronics markets, today announced a new design win from a leading U.S. PC manufacturer for a 13.3-inch laptop computer. The new laptop will feature UniPixel's XTouch touch screen sensors with Diamond Guard hardcoat in an advanced laptop design. This program represents the fourth win in 2016 with this customer and further expands our business footprint with this leading manufacturer.
Jeff Hawthorne, president and chief executive officer of UniPixel, said, "We now have two major customers that have awarded us four programs each thus far in 2016. We are gratified that these existing customers, both industry leaders, value our technology enough to award us multiple programs. The increasing acceptance of our products not only demonstrates the performance attributes of our highly differentiated products, but it also validates our manufacturing capabilities to support the needs of our customers to create the leading-edge devices that their end-user consumers demand."
UniPixel's highly responsive XTouch touchscreen sensor technology with its outstanding finger-touch and capacitive stylus performance, in conjunction with the company's Diamond Guard hardcoat technology which reduces overall cost and weight, will enable this manufacturer to produce a superior new 13.3-inch laptop computer. Volume production for this program is expected to commence during the fourth calendar quarter of 2016.
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 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.