SANTA CLARA, Calif., April 27, 2016 /PRNewswire/ -- UniPixel, Inc. (NASDAQ: UNXL), a provider of advanced touch solutions to the touchscreen and flexible electronics markets, today announced two additional design wins for two new 2-in-1 convertible laptops that will feature UniPixel's XTouch and Diamond Guard products. The company added this new customer in 2016, and these programs bring to six the number of awards from this customer.
The announcement of these two new program wins brings to 12 the number of design wins that UniPixel has been awarded by multiple customers thus far in calendar 2016. Both devices will have 12.5" screens and are expected to commence volume production during the fourth quarter of 2016.
The 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.
Jeff Hawthorne, president and chief executive officer of UniPixel, said, "We are gratified by the confidence this customer has invested in UniPixel and we are dedicated to delivering the highest quality technology and service in bringing these six programs to fruition. Our highly differentiated XTouch and Diamond Guard products continue to gain traction in the market and we believe there are a large number of opportunities ahead as PC manufacturers look to create thinner, lighter and faster 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 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
SOURCE UniPixel, Inc.