SANTA CLARA, Calif., July 28, 2015 /PRNewswire/ -- UniPixel, Inc. (NASDAQ: UNXL), a provider of Performance Engineered Films™ to the touch screen and flexible electronics markets, announced today that during the current quarter it delivered the one millionth touch screen sensor produced at its Colorado Springs, Colorado manufacturing facility. The sensors were produced and delivered under purchase orders generated by both Atmel Corporation and UniPixel. UniPixel acquired the Colorado Springs facility from Atmel in mid-April 2015.
Mr. Jalil Shaikh, chief operating officer of UniPixel, said, "The shipment of the one millionth sensor from the Colorado Springs fab is an important milestone. It is a testament to the focus and dedication of the team in Colorado Springs to deliver solutions that meet our OEM customer's needs. I am confident that the innovation that originates in our Silicon Valley engineering group, coupled with the talent in our Texas material science lab, will continue to produce touch screen solutions that OEM manufacturers will seek to feature in their computing devices. Our goal is to build a manufacturing operation that is increasingly responsive to the needs of our customers in providing high quality touch screen technology that differentiates their products in their respective markets. We are pleased to have achieved this important milestone."
UniPixel's XTouch sensors support features such as narrow borders, curved touch surfaces and even edgeless touchscreens while achieving improved linearity, reliability and thinner sensor stacks. As an alternative to traditional touch sensors, XTouch provides the ability to turn unique touch-based concepts into functional designs at lower total system costs.
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 Uni-Pixel'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 our control, that 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, 2014. We operate 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. We disclaim any intention to, and undertake 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.
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SOURCE UniPixel, Inc.