Samsung and UniPixel Enter Into TMOS Joint Development Agreement
Companies to Pursue Development of TMOS Displays
THE WOODLANDS, Texas, -- Uni-Pixel, Inc. (OTC Bulletin Board: UNXL), the developer of color display technology called Time Multiplexed Optical Shutter ("TMOS(TM)") and the Opcuity(TM) family of performance engineered films, announced the signing of a Joint Development Agreement (the "Agreement") with Samsung Electronics ("Samsung") of Korea. Under terms of the agreement, UniPixel and Samsung will collaborate on advancing the development efforts around UniPixel's TMOS(TM) display technology. UniPixel's TMOS(TM) display technology is targeted to leverage a subset of the current LCD manufacturing process, offering the potential of lowering the bill of materials manufacturing costs by as much as 60% in some cases, while improving performance characteristics including lowering power consumption and increasing brightness over existing LCD and OLED flat panel display technologies.
Samsung is comprised of companies that are setting new standards in a wide range of businesses - from electronics to financial services, from chemicals and heavy industries to trade and services. Samsung is recognized as the number one global market share leader in multiple areas which include the TFT- LCD Panel and LCD TV manufacturing market segments. The Agreement with UniPixel further demonstrates Samsung's commitment to exploring new developments that can create innovative, high quality products and services that are relied on every day by millions of consumers and businesses around the world.
According to Mr. Reed Killion, President and CEO of UniPixel, "Samsung is one of the premier technology development and manufacturing companies in the world. The Agreement with Samsung will help establish a development platform for TMOS(TM) that leverages Samsung's technology development expertise, process development expertise, manufacturing and assembly expertise as well as providing access to resources and infrastructure unparalleled in the display industry. Samsung's history of fostering innovative ideas that advance technology and create new products and markets make Samsung the ideal partner to engage in our first TMOS(TM) joint development effort. We appreciate and are excited by the interest Samsung has taken in our development work on TMOS(TM) and Opcuity(TM) Films. We are optimistic that the relationship that is being formed by this joint development effort will lead to a mutually beneficial partnership focused on the advancement of TMOS(TM) displays and the Opcuity(TM) Performance Engineered Film they utilize."
About Uni-Pixel, Inc.
Uni-Pixel, Inc. has developed, patented, and is working to commercialize a new color display technology it calls Time Multiplexed Optical Shutter ("TMOS(TM)"), which can be used for a wide variety of applications, ranging from cell phones and industrial displays to televisions and large digital signage systems. UniPixel's TMOS(TM) technology offers significant advantages over existing alternatives including lower cost to produce, superior brightness, improved picture quality, lower power consumption and a broad range of design flexibility. UniPixel licenses its TMOS(TM) technology to manufacturing partners and intends to supply its Opcuity(TM) thin films to those manufacturers. UniPixel also intends to produce and supply other performance engineered films under its Opcuity(TM) brand including its finger print resistant film (Opcuity(TM) FPR) for touch screens. The Company's corporate headquarters are located in The Woodlands, TX. For further information, please see http://www.unipixel.com.
THE WOODLANDS, Texas, -- Uni-Pixel, Inc. (OTC Bulletin Board: UNXL), the developer of color display technology called Time Multiplexed Optical Shutter ("TMOS(TM)") and the Opcuity(TM) family of performance engineered films, announced the signing of a Joint Development Agreement (the "Agreement") with Samsung Electronics ("Samsung") of Korea. Under terms of the agreement, UniPixel and Samsung will collaborate on advancing the development efforts around UniPixel's TMOS(TM) display technology. UniPixel's TMOS(TM) display technology is targeted to leverage a subset of the current LCD manufacturing process, offering the potential of lowering the bill of materials manufacturing costs by as much as 60% in some cases, while improving performance characteristics including lowering power consumption and increasing brightness over existing LCD and OLED flat panel display technologies.
Samsung is comprised of companies that are setting new standards in a wide range of businesses - from electronics to financial services, from chemicals and heavy industries to trade and services. Samsung is recognized as the number one global market share leader in multiple areas which include the TFT- LCD Panel and LCD TV manufacturing market segments. The Agreement with UniPixel further demonstrates Samsung's commitment to exploring new developments that can create innovative, high quality products and services that are relied on every day by millions of consumers and businesses around the world.
According to Mr. Reed Killion, President and CEO of UniPixel, "Samsung is one of the premier technology development and manufacturing companies in the world. The Agreement with Samsung will help establish a development platform for TMOS(TM) that leverages Samsung's technology development expertise, process development expertise, manufacturing and assembly expertise as well as providing access to resources and infrastructure unparalleled in the display industry. Samsung's history of fostering innovative ideas that advance technology and create new products and markets make Samsung the ideal partner to engage in our first TMOS(TM) joint development effort. We appreciate and are excited by the interest Samsung has taken in our development work on TMOS(TM) and Opcuity(TM) Films. We are optimistic that the relationship that is being formed by this joint development effort will lead to a mutually beneficial partnership focused on the advancement of TMOS(TM) displays and the Opcuity(TM) Performance Engineered Film they utilize."
About Uni-Pixel, Inc.
Uni-Pixel, Inc. has developed, patented, and is working to commercialize a new color display technology it calls Time Multiplexed Optical Shutter ("TMOS(TM)"), which can be used for a wide variety of applications, ranging from cell phones and industrial displays to televisions and large digital signage systems. UniPixel's TMOS(TM) technology offers significant advantages over existing alternatives including lower cost to produce, superior brightness, improved picture quality, lower power consumption and a broad range of design flexibility. UniPixel licenses its TMOS(TM) technology to manufacturing partners and intends to supply its Opcuity(TM) thin films to those manufacturers. UniPixel also intends to produce and supply other performance engineered films under its Opcuity(TM) brand including its finger print resistant film (Opcuity(TM) FPR) for touch screens. The Company's corporate headquarters are located in The Woodlands, TX. For further information, please see http://www.unipixel.com.
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