Shares of UniPixel (NASDAQ: UNXL) are up 15% mid-morning after the company said that it has taken delivery of a new custom built, high-speed coating system for the application of its Diamond Guard™ glass replacement resin compound. The system is scheduled for installation in May 2017 and is expected to commence production in June 2017 to provide enhanced protection coating for the company’s XTouch™ sensors. “The addition of this advanced technology equipment, in addition to yield improvement, expands our Diamond Guard application capabilities at just the right time. We are making measurable progress in applying our Diamond Guard glass replacement product on our XTouch sensors, which we expect to benefit in the form of more efficient production, less waste, and improved margins,” president and CEO Jeff Hawthorne stated in the news release.
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UniPixel, Inc. (NASDAQ: UNXL) develops and markets Performance Engineered Films for the touch screen and flexible electronics markets. The company’s roll-to-roll electronics manufacturing process patterns fine line conductive elements on thin films. The company markets its technologies for touch panel sensor, cover glass replacement, and protective cover film applications under the XTouch™ and Diamond Guard™ brands. For further information, visit www.unipixel.com.
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