SANTA CLARA, Calif.,
Sept. 8, 2016 /PRNewswire/
-- UniPixel, Inc. (NASDAQ: UNXL), a provider of
advanced touch solutions to the touchscreen and flexible
electronics markets, today announced the 20th design win
awarded to the Company since the beginning of calendar 2016. An
existing major PC customer has awarded the business to include
UniPixel's XTouch touchscreen sensors and its Diamond Guard hardcoat for a 15.6-inch laptop
computer targeted to the consumer market to maximize touchscreen
responsiveness and seamlessly support the Microsoft Pen
protocol.
Jeff Hawthorne, president and
chief executive officer of UniPixel, said, "We are very pleased
with the continuing momentum of the designs that are being awarded
to UniPixel. The notification from this existing major PC
customer of another laptop win for our touch sensor technology
validates that we have earned our customer's confidence. In
addition, the award underscores the fact that the metal mesh
technology we offer provides a key differentiation in devices that
use a stylus."
"The success of the Microsoft Surface Pro tablet," continued Mr.
Hawthorne, "and other similar touch and stylus capable computers
has created new interest in these devices. UniPixel is
particularly well positioned to deliver key technology components
to enable superior performance of these products."
Volume production for this program is expected to commence in
the first quarter of calendar 2017. The announcement of this new
product win, plus the programs originally acquired in the
April 2015 acquisition, the others
awarded this year and the one product announced late in 2015,
brings to 24 the total number of programs awarded to UniPixel.
About UniPixel
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.
Forward-looking Statements
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
statements regarding estimated dates of production. 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 extend product offerings
into and compete successfully in 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
Contact:
Joe Diaz,
Robert Blum, Joe Dorame
Lytham Partners, LLC
602-889-9700
unxl@lythampartners.com
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SOURCE UniPixel, Inc.