SANTA CLARA, Calif., May 5, 2016 /PRNewswire/ -- UniPixel, Inc. (NASDAQ: UNXL), a provider of advanced touch solutions to the touchscreen and flexible electronics markets, today announced the addition of a new customer, a leading Japanese PC manufacturer, with design wins for two new notebooks. The two new notebooks will feature UniPixel's XTouch and Diamond Guard technologies.
The announcement of these two new programs brings to 14 the number of unique device design wins from multiple customers announced by UniPixel thus far in calendar 2016. One device will be an 11.6" 2-in-1 convertible notebook that will leverage XTouch metal mesh touch sensor technology to deliver superior active stylus performance. The other device, also featuring an 11.6" screen, will take advantage of XTouch's ability to support extremely thin cover lenses to deliver one of the world's thinnest and lightest notebook PCs. Both programs are expected to enter production during the third quarter of 2016.
Jeff Hawthorne, president and chief executive officer of UniPixel, said, "We are pleased to add an important new customer in a very dynamic international market. The addition of this customer reflects growing global industry awareness of the ability of our XTouch and Diamond Guard technologies to deliver superior finger touch and stylus performance while also enabling some of the thinnest and lightest new products coming to market. These technologies provide a tremendous advantage to computer manufacturers who are targeting the increased use of touchscreens in their devices and making them more cost effective."
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 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 the programs discussed in this news release will enter production during the third quarter of 2016. Such statements contain words such as "will," and "expect," or the negative thereof or comparable terminology. These statements are based on management's current expectations. 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 UniPixel's control, that could cause actual results to materially differ from such statements. These risks, uncertainties, and other factors include, but are not necessarily limited to, the ability to recognize revenues, the ability to extend product offerings into new areas or products, the ability to compete in our currents markets, the ability to commercialize licensed technology, unexpected occurrences that deter the "bring to market" plan for products, trends and fluctuations in the industry, changes in demand and purchasing volume of customers, our ability to attract and retain qualified personnel, our ability to raise additional capital, the ability to move product sales to production levels, the success of product sales in new markets or of recently produced product offerings, the ability to enforce our intellectual property rights and those set forth under Item 1A "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2015 and other current and periodic reports filed or furnished from time to time with the SEC. All forward-looking statements in this press release are made as of the date hereof, based on information available to UniPixel as of the date hereof, and UniPixel assumes no obligation to update any forward-looking statement.
Trademarks in this release are the property of their respective owners
Joe Diaz, Robert Blum, Joe Dorame
Lytham Partners, LLC
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/unipixel-wins-programs-with-new-japanese-pc-oem-customer-300263485.html
SOURCE UniPixel, Inc.