UniPixel Prepares for Flexible Display Market
UniPixel touch sensors pass 200,000 cycle fold test
For Immediate Release
Joe Diaz, Robert Blum, Joe Dorame
Lytham Partners, LLC
Santa Clara, California – February 7, 2017 – UniPixel, Inc. (NASDAQ: UNXL), a provider of high performance metal mesh capacitive touch sensors to the touchscreen and flexible display markets, announced today positive results from in-house testing conducted on its XTouch touch screen sensors for use in future flexible/foldable display devices such as smartphones, tablets, and wearable devices.
UniPixel conducted tests in which its XTouch sensors were folded and opened more than 200,000 times at a 2-millimeter radius at the fold. During the tests, as well as at the conclusion of those tests, there was no damage to the XTouch sensors and no degradation to their performance capabilities. Flexible displays will also need to have a thin and pliable cover lens that will bend consistently without damage. UniPixel’s Diamond Guard scratch resistant cover lens technology is an excellent complement to XTouch sensors as it is applied in a very thin layer and will bend and seamlessly fold as it protects the underlying touch sensor metal mesh from abrasion damage.
Jalil Shaikh, chief operating officer of UniPixel, commented, “The results of our in-house testing were very positive. As flexible displays require thin and pliable touch sensors and cover lenses, our proprietary XTouch sensors and Diamond Guard are ideally suited for flexible display applications. We have already demonstrated to a major original equipment manufacturer (“OEM”) that our XTouch sensors deliver optimal performance with a lens coating as minute as five microns. As far as we are aware our XTouch sensors are the only sensors available that operate effectively with such a thin cover lens coating.
“We believe that as flexible technologies make their way to the market, our proprietary XTouch and Diamond Guard technologies can become staple components in a broad array of products. While foldable displays are in early consideration by OEMs, our products now meet the early specifications OEMs have targeted to create devices that work effectively with the necessary durability for broad market acceptance.”
UniPixel, Inc. (NASDAQ: UNXL) develops and markets high performance metal mesh capacitive touch sensors to the touchscreen and flexible display 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 additional 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 the statement regarding market acceptance. 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 our control, that could cause actual results to materially differ from such statements. These risks, uncertainties, and other factors include, but are not limited to, risks related to 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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