UniPixel Announces Election of Two New Board Members
Technology Leaders Appointed to Board
For Immediate Release
Joe Diaz, Robert Blum, Joe Dorame
Lytham Partners, LLC
Santa Clara, California – July 6, 2016 – UniPixel, Inc. (NASDAQ: UNXL), a provider of advanced touch solutions to the touchscreen and flexible electronics markets, announced today that two technology industry leaders, James E. Doran and Sam I. Young, were elected to the UniPixel Board of Directors at the Company’s Annual Shareholder Meeting on June 8, 2016. The addition of Mr. Doran and Mr. Young to the Board of Directors brings to six the total number of members on the Board.
Jeff Hawthorne, president and chief executive officer of UniPixel, commented, “We are pleased to have industry leaders the caliber of Jim Doran and Sam Young serving on our Board of Directors. We have a strong Board with which to consult and we look forward to the leadership of Jim and Sam in these important upcoming years. Their deep experience and documented records of achievement will be significant assets in helping us to execute our strategic plan to position UniPixel as one of the leading touchscreen sensor and cover glass replacement providers in the industry.”
James E. Doran
James E. Doran has built a successful 40-year career in the semiconductor business as an executive leading operations and technology to a broad spectrum of technology companies including Signetics, Intel, Intersil, and AMD.
Mr. Doran also has extensive international experience having been chief operating officer for Spansion, where he ran all aspects of operations worldwide. He most recently served as the first senior vice president of Worldwide Operations for GlobalFoundries, responsible for operating factories in Germany, Singapore, and New York. Mr. Doran was instrumental in establishing one of the most successful US – Japan joint ventures (Fujitsu AMD Semiconductor Limited) and helping form a successful solar joint ventures (Sunpower and AUO).
Mr. Doran is currently an executive-level consultant for companies ranging from small start-ups to multi-billion dollar international corporations. His recent consulting experience includes engagements with Brewer Science, Digimarc, Ramtron, Sun Power and Transphorm. Mr. Doran has extensive expertise is in assessing strengths and weaknesses of technology companies and developing strategies and initiatives to improve competitiveness.
Mr. Doran holds a Bachelor’s degree in Physics from Northwestern University and a Master’s degree in Physics from the University of Wisconsin.
Sam I. Young
Sam I. Young has more than 35 years of technology industry experience including RF and embedded products, touch screen controllers, memory, logic, solar energy, LED lighting, cloud computing and software.
Mr. Young is currently the president of Young and Associates, a firm with worldwide resources formed to help companies in the areas of strategic business planning, general management, product and market positioning/strategy, public relations and branding, marketing, strategic partnership creation, operations, sales channel and business development.
With a strong focus on sales and business development, Mr. Young is co-founder of four technology companies including Flash pioneer Exel Microelectronics, Corsair Microsystems, Hyundai Electronics Flash memory division (now called SK Hynix) currently doing in excess of $2 billion in revenue and healthcare start-up NuEnerchi Inc. He has served as an executive at several public companies with sales of hundreds of millions of dollars as well as nine start-ups as a direct employee and over a dozen more as an advisor or part time executive.
Mr. Young has served on the advisory board or Board of Directors of multiple technology firms and has participated in raising well over $100 million in venture capital and formed many strategic relationships with Fortune 500 companies.
He has extensive international experience doing business in Asia and having built and managed six sales forces from the ground up and having introduced over 30 products to the market.
Mr. Young holds a Bachelor degree in electrical engineering from Pratt University in New York City.
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 Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding Board leadership. 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 recognize revenues, the ability to extend product offerings into 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.
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