SAN JOSE, Calif., July 15, 2015 /PRNewswire/ -- UniPixel, Inc. (NASDAQ: UNXL), a provider of Performance Engineered Films™ to the touch screen and flexible printed electronics markets, announced today that it will relocate its corporate headquarters from The Woodlands, Texas to Santa Clara, California, in the Silicon Valley region. Additionally, the company has established a sales office in Taiwan to support customers and partners throughout Asia.
Jeffrey A. Hawthorne, chief executive officer of UniPixel, said, "As we begin concentrating our sales and marketing efforts on driving revenue expansion, it makes sense for a technologically advanced company such as UniPixel to base its headquarters in the heart of Silicon Valley. There is unique technology infrastructure and expertise in this region that we believe is unmatched anywhere in the world. I believe that UniPixel will benefit from this infrastructure and the talent that it attracts as we move forward in executing our strategic business plan."
Mr. Hawthorne continued, "In April 2015 the Company acquired a touchscreen technology, a manufacturing facility, and customer relationships from Atmel Corporation. We believe that the acquisition of these assets will validate our technology and manufacturing processes. Leveraging the infrastructure of the acquired engineering and marketing teams, which were already based in Silicon Valley, was a logical step as we continue building our business. Furthermore, our new Taiwan sales office provides a base from which to support current and future customers and supply chain partners throughout Asia."
All manufacturing operations will remain in Colorado Springs, and the Company will maintain an engineering laboratory currently located in The Woodlands, Texas staffed with talented technical employees.
The Company's new corporate headquarters will be located at 4699 Old Ironsides Drive, Santa Clara, California, and its new Taiwan office will be located at 7F, No.46, Wenhua 2nd Rd, Guishan Dist, Taoyuan City, 33377, Taiwan.
About UniPixel UniPixel, Inc. (NASDAQ: UNXL) is developing Performance Engineered Films for the display and flexible electronics markets. A key focus for UniPixel is developing electronic conductive films for use in electronic sensors for consumer and industrial applications. The company's roll-to-roll electronics manufacturing process prints fine line conductive elements on thin films. The company intends to market its films for touch panel sensor, cover glass replacement, protective cover film, antenna and custom circuitry applications under the UniPixel label, and intends to eventually expand its marketing to private label or Original Equipment Manufacturer (OEM) brands. For further information, visit www.unipixel.com.
Forward-looking Statements 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 the acquisition of certain assets from Atmel, Inc. will validate our technology and manufacturing processes. 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.