UniPixel Receives First Orders for Opcuity Film Products

The Woodlands, TX; October 1, 2009. UniPixel, Inc., the developer of a color display technology called Time Multiplexed Optical Shutter ("TMOS") and thin-film materials branded under the name Opcuity that incorporate advanced micro-structure technology, today announced that it has received its first purchase orders for film products and has reached agreements with two high-volume film production companies to rapidly advance the production process for its Opcuity films. According to the company, today's announcement signals several significant milestones as it transitions from a development stage company to a commercial manufacturing business. UniPixel noted that for competitive reasons the customers have requested that the terms of the orders not be disclosed.

Since the launch of its micro-structured Opcuity film technology, UniPixel has been engaged with both potential customers and potential production partners for products that leverage the film's unique microstructures. By working closely with its partners, UniPixel has proven the processing capability in both ultra-violet (UV) micro-replication, as well as thermally embossed micro-replication that can be used to meet customer requirements. Additionally, UniPixel has received a separate purchase order for a custom version of its Opcuity Finger Print Resistant (FPR) film to meet the unique set of performance requirements from a Fortune 500 customer.

Reed Killion, UniPixel's president and CEO, noted, "The demonstrations of our advanced micro-structured films to the industry have generated tremendous interest in a variety of applications for the technology. We're pleased to have completed a distribution agreement for products based on it. In addition, we also have had a number of display industry and consumer electronics companies approach us to create unique varieties of the films. Securing the first orders for our films signals our transition to become a thin-film supplier."