Unipixel Signs Multi-Million Dollar, Preferred Price, Capacity License

UniPixel, Inc.

, a provider of Performance Engineered Films(TM) to the touch screen, flexible printed electronics, and lighting and display markets, has engaged a major touch-screen ecosystem partner to facilitate the development, introduction and production of products that feature next-generation touch screens based on UniPixel's UniBoss(TM) pro-cap, multi-touch sensor film. UniPixel has granted the partner a preferred price and capacity license for its UniBoss touch sensor technology. The license fees paid under the agreement will be used to build out an additional one million square feet per month of production capacity for UniBoss. The capacity will allow the ecosystem partner to offer its global customer base a touch sensor price/performance advantage over ITO-based technology, as well as integrate UniBoss technology into its own products. The additional capacity will take UniPixel's license capacity build out to two million square feet per month. UniPixel is currently building out one million square feet per month for its PC preferred price and capacity licensee that the company announced on December 7, 2012. In addition to establishing sensor capacity, UniPixel will work with its preferred price and capacity licensees to develop a global touch module supply chain for OEMs and ODMs, which includes die cutting, tab bonding, and lamination of the module to the display.