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To: Augustus Gloop who wrote (1948)4/18/2013 12:00:27 AM
From: richardred  Read Replies (1) | Respond to of 8262
 
RE: UNXL-FWIW- Local news for me today on the new venture.

P.S. I use a touch screen every day at work. Long before notepads and smartphones came in use.
IMO the future is bright for touch screens. A bankrupt company to put fourth new cap-x money is a good sign.. IMO a good way to track touch screen growth is to track Gorilla glass growth at Corning. They make a lot of the glass protective coverings for touch screens. The high short position spells doubters. I'll keep an eye out locally on how the venture develops. You can still make money on hype. You just need to exit before the storm. If the product comes to fruition the shorts will become believers and cover eventually.

Kodak to build touch screen sensors in deal with Texas firm It's part of focus on functional printing

Apr 16, 2013 |

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Wade Grisenthwaite, from Dayton, Pa., takes down lighting in Eastman Business Park Building 326 on Tuesday. Eastman Kodak will partner with UniPixel Displays Inc. of Texas to manufacture touch screen sensors at the Greece location. / SHAWN DOWD/staff photographer



Eastman Kodak Co. is turning part of Eastman Business Park currently used for motion picture film manufacturing into a plant for churning out sensors printed on thin polyester film as part of a joint arrangement with a Texas technology company.

Kodak and UniPixel Displays Inc. announced Tuesday they had signed a joint manufacturing and supply arrangement that will see the two putting up $24 million to convert part of its mammoth, million-square-foot Building 326 into a plant for touch screen sensors.

The joint operation is expected to be up and running by fall and employ 65 to 75 people, said Kodak spokesman Christopher Veronda. The people will largely be transferred from other Kodak operations, such as film manufacturing, Veronda said: “This creates an opportunity for us to place people who are highly skilled.”

The UniPixel arrangement comes as Kodak, which is getting out of the photography business and focusing on commercial printing, has pointed to such “functional” printing as a key part of its future. Functional printing involves using printing technology as a means of manufacturing such items as circuit boards or solar cells.

“Functional printing is a key growth area for Commercial Imaging,” Kodak CEO Antonio M. Perez said in a statement. “And Commercial Imaging is Kodak’s future.”

UniPixel films are used in various display, touch screen and flexible consumer and industrial electronics. UniPixel CEO Reed Killion said the two companies had been talking for more than a year about such a joint effort. “We recognized Kodak had significant expertise in functional printing operations,” Killion said. “They’ve monitored our progress in performance-engineered films.”

And the Kodak supply agreement gives UniPixel significant added capacity, as well as access to expertise in areas such as chemistry and materials handling, he said.

The $24 million is largely for new equipment needed for the sensor manufacturing. That operation will take up, at the beginning, about 100,000 square feet of the building, according to Kodak, though there is ample room for expansion.

UniPixel shares gained 11.4 percent Tuesday, closing at $35.65, up $3.65. Kodak shares closed Tuesday at 33 cents, up 3 cents or 10.4 percent.

MDANEMAN@DemocratandChronicle.com
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