Don't deny the siginificance of this partnership......
Kodak to Manufacture and Supply UniBoss Touch Sensors for UniPixel
Kodak technology to enable UniPixel to scale production to meet accelerating demand; Positions both companies for faster growth in dynamic $16 billion global touch sensor market
Antonio M. Perez, Kodak’s chairman and chief executive officer, said: “This agreement with UniPixel is a major advance for Kodak’s functional printing initiative…Functional printing is a key growth area for Commercial Imaging…and Commercial Imaging is Kodak’s future. In UniPixel, we have linked-up with an innovative and effective partner, and Kodak brings to the relationship proprietary technologies that enable printing systems to deposit materials on a wide variety of substrates with a high degree of accuracy, precision, repeatability and speed. With this agreement, we continue to execute on our strategy to develop a roadmap of offerings that answers the growing market need for alternative touch sensor solutions
"Antonio M. Perez, Kodak’s chairman and chief executive officer," is an ineffective putz out to line his own pockets without regard to his company or shareholders. Once(recently while with Kodak) voted THE Worst CEO in the USA. Fits right in with UNXL management.
"Under Mr. Perez, who joined Kodak from Hewlett-Packard in 2003 and became chief executive in 2005, the company has tried to reinvent itself by focusing on printers, packaging and work force software, however, under Pérez's leadership the price of Kodak shares has decreased from around 25 dollars (in 2005) to less than 1 dollar by September 30, 2011 and the number of Kodak employees has been reduced to about 7000 in the Rochester, NY area where Kodak is headquartered. Pérez was named one of the worst CEOs of 2011 by several online financial news source and online publications including CNBC and the Motley Fool. Mr. Perez financed those efforts with billions in licensing fees from Kodak’s intellectual property, but analysts warned that Kodak was burning through cash too quickly and could eventually run out."