FREMONT, Calif. and TOKYO, Dec. 19, 2013 /PRNewswire/ -- Tactus Technology, Inc., the acknowledged leader in on-demand tactile surfaces, and Ryoyo Electro Corporation (Tokyo), one of Japan's leading electronics suppliers, today announced a strategic partnership. Ryoyo has made a strategic investment in Tactus as part of the company's Series B financing round and has been selected by Tactus as its exclusive sales partner and distributor in Japan.
Tactus' dynamic surfaces are a dramatic innovation in the Touch 2.0 revolution that consumers and OEMs are eagerly awaiting: screens that transform from a flat virtual interface into a physical three-dimensional interface when needed.
"Japanese OEMs lead the world in several product categories, including gaming, smart devices, cameras and imaging, as well as automotive solutions," said Dr. Craig Ciesla, CEO and co-founder of Tactus. "Ryoyo's success in working with the leading Japanese OEMs across multiple component offerings and their significant expertise in selling a broad range of solutions makes them an ideal partner and we are very excited to be working with them."
"Tactus is the world leader in tactile touch solutions and we are very honored to be their exclusive Japanese partner," said Mr. Satoru Fukumoto, executive general manager of sales promotion at Ryoyo. "We believe the next-generation of smart phones, tablets and CE devices from the top Japanese manufacturers will be ground-breaking through their incorporation of Tactus technology, and our investment in the company reflects our outlook."
About Tactus Technology, Inc.
Tactus Technology is the developer of a breakthrough dynamic user interface for mobile, computing, CE and automotive devices – completely transparent physical buttons that rise up from a touchscreen surface on demand. In December of 2011, Tactus closed $6M in Series A funding in a round led by Thomvest Ventures, with participation from other corporate and private investors. Tactus works with device manufacturers to integrate the Tactile Layer™ panel into a variety of touchscreen devices. Tactus is headquartered in Fremont, CA. For more information, visit www.tactustechnology.com or follow @tactustech on Twitter®.
About Ryoyo Electro Corporation
Ryoyo Electro Corporation was founded in 1961 as a semiconductor trading company. Since its founding, Ryoyo has continued to expand the range of its operations in step with the electronics industry and grow its business centered on its core semiconductors and computer systems and peripherals businesses. In these two core businesses, Ryoyo has established a robust product lineup featuring a wide range of promising products from both Japan and overseas, and developed close business relationships with a number of leading suppliers. And nowadays, Ryoyo is also focusing on develop start-up businesses in high-tech domain.
Copyright © 2013 Tactus Technology, Inc. All trademarks and registered trademarks previously cited are hereby recognized and acknowledged.
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