Interlink Electronics Announces Strategic R&D Collaboration with the Technology Development Centre (TDC) at the Institute of Technical Education (ITE) in Singapore
Oct 22, 2014
OTC Disclosure & News Service
Camarillo, CA -
CAMARILLO, Calif., October 22, 2014 — Interlink Electronics (NASDAQ: LINK) , a global technology leader and trusted advisor in HMI solutions, announces a strategic R&D collaboration on Human-Machine Interface (HMI) Sensors and Applications with the Technology Development Centre (TDC) at the Institute of Technical Education (ITE) in Singapore. The collaboration scope encompasses development of novel sensor topologies, disruptive printed electronics manufacturing processes and advanced embedded system architectures to enable breakthrough HMI applications.
“As part of our strategic globalization plan, I am very pleased to have ITE as a strategic R&D collaboration partner to accelerate the growth of Interlink Electronics’ global R&D and engineering center in Singapore. This collaboration strengthens our strategic expansion in the Asia Pacific region to capture emerging growth market opportunities and also reinforces Singapore’s strong positioning as a global technology hub,” stated Steven N. Bronson, Chairman, CEO and President of Interlink Electronics.
Dr. Albert Lu, Chief Technology Officer of Interlink Electronics added, “This synergistic collaboration marks a key milestone for private-public partnership on scalable HMI technology platforms in Singapore. ITE offers a comprehensive suite of multi-disciplinary engineering capabilities and industry oriented infrastructure which are well aligned with Interlink Electronics’ strategic R&D roadmap and global R&D activities in Singapore.”
Mr. Bruce Poh, Director and CEO of ITE commented, “ITE is honoured to collaborate with Interlink Electronics, and assisting to boost the technology leader’s competitiveness within the HMI industry. We believe that this collaboration will create new opportunities for staff and student capability development, as well as bring remarkable returns for both organisations through the sharing of experience and expertise.”
Dr Lee Teck Kheng, Director of Technology for ITE College Central added, “ The partnership demonstrates TDC’s commitment in delivering innovative solutions and customized engineering services for our industry partners. Using a Proof of Concept ecosystem supported by comprehensive R&D facilities and multi-disciplinary competencies, we hope to serve as a catalyst in supporting leading companies and SMEs in their R&D development needs.”
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About Interlink Electronics, Inc.
Interlink Electronics is a world-leading trusted advisor and technology partner in the advancing world of touch-sensor and human-machine interface technologies. Interlink Electronics has led the printed electronics industry in its commercialization of the patented Force-Sensing Resistor (FSR®) technology, which has enabled rugged and reliable human-machine interface (“HMI”) solutions. For over 29 years, Interlink Electronics’ solutions have focused on handheld user input, menu navigation, cursor control, and other intuitive interface technologies for the world’s top electronics manufacturers. Interlink Electronics has a proven track record of supplying human-machine interface solutions for mission-critical applications in a wide range of markets, including, but not limited to, consumer electronics, automotive, industrial, and medical devices. Interlink Electronics serves a world-class customer-base from its corporate headquarters in Camarillo, California and offices in Japan, Hong Kong and China. For more information, please see http://www.interlinkelectronics.com.
About Institute of Technical Education.
The Institute of Technical Education (ITE), Singapore, was established as a post-secondary education institution in 1992 under the Ministry of Education. ITE is a principal provider of career and technical education and principal authority in developing national occupational skills certification and standards to enhance Singapore’s workforce competitiveness. Under its “One ITE System, Three Colleges” Model of Education, ITE governs three Colleges, comprising ITE College Central, ITE College East and ITE College West. For more information, visit: www.ite.edu.sg
FORWARD LOOKING STATEMENTS: This release contains “forward-looking statements” involving a number of risks and uncertainties as defined in the Private Securities Litigation Reform Act of 1995. The following are among the factors that could cause actual results to differ materially from the forward-looking statements: historical losses and negative cash flow, the success of business divestitures and acquisitions, the ownership of the majority of our stock by a small group of investors, our success in predicting new markets and the acceptance of our new products, efficient management of our infrastructure, the pace of technological developments and industry standards evolution and their effect on our target product and market choices, the effect of outsourcing technology development, changes in the ordering patterns of our customers, a decrease in the quality and/or reliability of our products, protection of our proprietary intellectual property, competition by alternative sophisticated as well as generic products, pending litigation against Interlink Electronics, historical weaknesses in internal controls over financial reporting, continued availability of raw materials for our products at competitive prices, disruptions in our manufacturing facilities, risks of international sales and operations including fluctuations in exchange rates, compliance with regulatory requirements applicable to our manufacturing operations, and customer concentrations. The forward-looking statements contained in this release should be considered in light of these risk factors.
Contacts:
Steven N. Bronson, CEO
805-416.7004
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