Cornering the market on the Roll-to-Roll manufacturing process for metal mesh is now a UNXL asset base. They are carving out a key market niche.
This strategic move by UNXL came as a big surprise to all and now we get to hear the reason why.
So after being tight lipped, management NOW wants to spill the beans to clarify this move. I expect this to be quite BULLISH.
UniPixel Acquires Atmel’s XSense Assets and Operations
Transaction Brings Together Two Touch Screen Technologies Based on Roll-to-Roll Manufacturing
THE WOODLANDS, Texas — April 17, 2015 — UniPixel, Inc. (NASDAQ: UNXL), a designer of Performance Engineered Films™ for the touch screen, flexible printed electronics and display markets, has acquired, through its wholly owned subsidiary, Uni-Pixel Displays, Inc., the assets of Atmel Corporation’s (NASDAQ: ATML) XSense® touch sensors group, and has concurrently entered into patent and intellectual property licenses with Atmel, exclusive for a period of two years, for the use of XSense-related technologies.
UniPixel also has acquired separate licenses for fine line technology from Atmel’s partner, CIT Technology Limited, a wholly owned subsidiary of Carclo plc (LSE:CAR). The licenses with CIT Technology as to the products covered by the patents and intellectual property being licensed are also exclusive for a period of two years.
The assets acquired include Atmel’s XSense™ touch sensors manufacturing equipment, design tools and existing purchase orders. UniPixel has also acquired Atmel’s established commercial volume manufacturing capability through the lease of Atmel’s Colorado Springs XSense manufacturing facility and the expected transfer of certain related staff and engineering talent.
As a result of the transaction, UniPixel will gain immediate access to Atmel’s Tier 1 PC OEM customer base and technology partners, along with the associated sales and product development pipeline.
So that also accounts for where some of the negative pressure is coming on the short side. Any selling will be reversed once the deal is completed.
After the deal closes, regardless of where the pps lands, the upward pressure should resume. However, the higher the PPS the less dilution for existing shareholders. Either way, it's not a huge amount of shares. (3 M-ish)
If Hawthorne has done us well, he should be motivated to reveal more, rather than less, to maximize shareholder value. I think that bodes well for a look at the coming Monday conference call.
It's been 2 months since that comment of their goal of the "next several weeks" to qualify for roll-to-roll yields.
We are a third of the way through Q2. News is likely very very soon.
"In January 2015, these efforts resulted in an engineering proof-of-concept milestone by successfully converting parts of the web transport system on one of the plating lines from a mechanical roller system to "touchless" system. This plating line is now undergoing a complete upgrade to touchless web handling.
"Our goal over the next several weeks is to finish modifying one of our operational plating lines to make its web handling completely touchless and to qualify the roll-to-roll yield," commented Jeff Hawthorne, UniPixel's president and CEO. "We are targeting completing this activity during the second quarter of 2015."
Management is one of the keys to any investment. This current team looks to have gotten the manufacturing issues solved on multiple levels.
Now, by instantly adding a new Tier-1 customer catalog with more product options, they look to be pushing the envelope.
I like that they surprised shareholders with bullish developments. I expect more of the same, soon.
And INTOUCH News should be right around the corner.
On Monday he will fill in the details of last week's strategic announcement of taking over ATML's Xsense technology, products, IP, manufacturing plant, Tier-1 customers and purchase orders and what it means to a small company to have instantly doubled its manufacturing capability and product mix with the stroke of a pen, at a huge discount to market.
With the KODAK facility entering Volume Commercialization this quarter, together with this atml coup, I'd say his first year has been beyond expectations, as it sets up what is to come.
What a different a year makes. Now the conversation will turn to the production ramp, maximum capacity output, product reach, revenue ramp and the profit ramp going forward.
Just keeping the facts straight with the latest info for anyone new to the forum. Just a contrast to the endless liars BSing about this company to further their short position. Unethical thugs.
"Start speading the News"
And thanks for the nod.
Get your ears on ! The Q&A should be good.
and now revenue projections for 2015 together with profitability projections for 2016.
TWO manufacturing plants are now producing product for customers, cash in the bank and the pps is extremely cheap.
This company is light years ahead of where it was just two years ago. Now that's tangible progress.
But hang in there. No high net worth investors, analysts or institutions are paying attention. rofl
I like that they are choosing to add clarity to the deal, especially in the face of the lying shorts.
Still waiting for KODAK to take an equity stake to insure their stake in touch screen developments, or some other entity or entities.
On April 23, 2015, the Company issued a press release announcing that it will hold a conference call on Monday, April 27, 2015 at 4:30 p.m. Eastern time to discuss the recent acquisition of the assets and operations of Atmel Corporation's XSense� touch sensors group and the company's outlook.
UniPixel management will host the presentation, followed by a question and answer period.
And let's NOT forget the deal will product a revenue stream in this calendar year for UNXL and its investors.
UNXL and KODAK each put in $12.5 M initially, then KODAK continued to invest in the science and technology to upgrade to what we have today, a completely touchless production line in NY, at the KODAK plant.
And that took some time.
Today, UNXL has just negotiated a $20 M deal that not only yields a fully operational plant, but one that has existing customers, existing purchase orders, high level engineers, IP and which presents with a product that UNXL has already stated they can make profitable within 6 months.
The CEO will reemphasize reality that was lost on many who fell for shorty's lying tactics.
It is good to see more longs surface, commenting on the facts, rather than allowing the lying shorts to control the dialogue with BS.
Longs will have their day AGAIN.
If you recall, they are not adverse to changing their targets upward, given new developments surface. (I'm guessing they already know what the new developments are but are awaiting formal guidance before taking the action.)
I would not be surprised to see them up it several times, not unlike 2013.
This is a $40++ stock selling at a large discount, with artificial pressure supressing upward movement, but only temporarily. We all know that.
I think it's fair to say the company is progressing faster than anyone had imagined just a few weeks ago.
I thought it was too soon to discuss UNXL opening another manufacturing site, given we were awaiting the NY facility to give us news.
BUT the company did us one better. For what appears to be a steal, they now have a second facility with product moving into the shipping lanes. And, they have done their DD for the conversion to upscale the operation and make it profitable.
And while this is in the public, it has not even been digested. This is big and come Monday, we should see the future.
unless you think a knee jerk reaction to another bogus seeking alpha hit piece is an investment strategy.
This was nothing more than a blip as this company continues to make significant progress on several fronts simultaneously.
Now with an even larger product mix, more Tier-1 customers, purchase orders filling, licensed IP, top level engineers and all the assets that come with a fully functional manufacturing facility, UNXL has just shifted gears.
This, in addition to pending news on the INTOUCH-KODAK front.