UniPixel (Nasdaq: UNXL) and Texas Instruments Collaborate on Advanced Touch Screen Solutions

Tallahassee, FL 2/28/12 (StreetBeat) -- UniPixel, Inc. (NASDAQ: UNXL), a provider of Performance Engineered Films to the touch screen, flexible printed electronics, lighting and display markets, has entered a memorandum of understanding with Texas Instruments, Incorporated (TI) (NASDAQ: TXN) to collaborate in the development of touch screen solutions.

In addition to defining a collaboration effort intended to integrate TI's touch controllers with UniPixel's UniBoss™ printed touch sensors, the memorandum outlines the terms of a potential definitive agreement involving marketing and sales efforts.

"While this relationship is initially aimed at ensuring that UniBoss touch sensor films are fully operational with TI's touch screen controller chip family, we believe the ultimate value of this working relationship is in the potential to yield integrated touch solutions that are superior to what each company could accomplish independently," said UniPixel CEO Reed Killion.

UniBoss is a roll-to-roll printed electronics process with a focus on flexible, conductive microcircuits. UniBoss can pattern conductive traces on plastic and paper substrates and is capable of applying conductive circuits on one or both sides of a single film substrate. For touch sensor applications, UniBoss is a higher performing, lower cost alternative to industry standard ITO transparent conductor films.

TI is a world leader in the design and production of both analog and digital chipsets, and its line of touch controllers are already used by the top manufacturers in numerous handheld electronic devices on the market today. Gaurang Shah, vice president of Audio & Imaging Products at Texas Instruments, commented: "UniBoss offers unparalleled cost and performance benefits that make it a perfect match for TI touch screen controllers. Together, UniPixel and TI will bring to market high-quality touch screen solutions at an extraordinarily low cost."

Killion added: "We are excited to work with an innovative industry leader like Texas Instruments. We believe this is just the beginning of a mutually beneficial relationship that will lead to providing advanced touch screen technology to global OEMs."

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