03.24.17
UniPixel, Inc. has entered into a long-term agreement with a major US-based PC maker to supply XTouch touch screen sensors on a multiple year basis.
The agreement provides that the PC maker will supply rolling forecasts to UniPixel, who will use its reasonable efforts to reserve manufacturing capacity for the PC maker who, in turn, agrees to use its best commercial efforts to make the purchases outlined in the rolling forecasts. The customer also has a right to request limited, exclusive early access to certain technology development advancements.
“UniPixel benefits from long-term planning capabilities and capacity preparation while our partner is supported in addressing their current market needs as well as bringing new devices to the market,” Jeff Hawthorne, president and CEO of UniPixel, said. “This is a validation of the efficacy of our touch screen technology and it reflects the confidence of a leading PC manufacturer in our technology.”
The agreement provides that the PC maker will supply rolling forecasts to UniPixel, who will use its reasonable efforts to reserve manufacturing capacity for the PC maker who, in turn, agrees to use its best commercial efforts to make the purchases outlined in the rolling forecasts. The customer also has a right to request limited, exclusive early access to certain technology development advancements.
“UniPixel benefits from long-term planning capabilities and capacity preparation while our partner is supported in addressing their current market needs as well as bringing new devices to the market,” Jeff Hawthorne, president and CEO of UniPixel, said. “This is a validation of the efficacy of our touch screen technology and it reflects the confidence of a leading PC manufacturer in our technology.”
