Expands Company's Position within the Medical
Equipment Market
IRVINE,
Calif., May 4, 2023 /PRNewswire/ -- Interlink
Electronics, Inc. (NASDAQ: LINK), a world-leading trusted
technology partner in the rapidly advancing world of human-machine
interface devices, sensors, membrane switches and other
cutting-edge technologies, is pleased to announce that it has
received a $550,000 add-on order for
its force-sensing resistors from a global medical device company.
These sensors will be incorporated into the customer's product as a
key safety device.
"We are delighted that our valued customer has placed this
order," said Steven Bronson,
Interlink's CEO, President and Chairman. "It validates our belief
that our force-sensing resistor technology has an important role to
play in the medical equipment field, and we continue to explore
this and other markets."
About Interlink Electronics, Inc.
Interlink Electronics is a world-leading trusted technology
partner in the rapidly advancing world of human-machine interface
(HMI) devices, sensors, membrane switches and other cutting-edge
technologies. In addition to standard product offerings, Interlink
utilizes its expertise in materials science, manufacturing,
firmware, and software to produce in-house system solutions for
custom applications. For 38 years, Interlink has led the printed
electronics industry to commercialize its patented Force Sensing
Resistor® technology. It has supplied some of the world's top
electronics manufacturers with intuitive sensor and interface
technologies. It also has a proven track record of supplying
technological solutions for mission-critical applications in a
diverse range of markets - including medical, automotive, consumer
electronics, telecommunications, and industrial control - providing
standard and custom-designed sensors that give engineers the
flexibility and functionality they seek in today's sophisticated
electronic devices.
Recent acquisitions have expanded the Company's portfolio of
products and services into new areas. SPEC Sensors and KWJ
Engineering, purchased in December
2022, offer industry-leading design and manufacture of
electrochemical gas-sensing technology for industry, community,
health and home, providing custom solutions, advanced sensors,
innovative products and unique services with uses in fields such as
carbon monoxide and ozone detection and air quality
monitoring. Calman Technology Limited, acquired in
March 2023, brings over 25 years of
experience in the design and manufacture of membrane keypads,
graphic overlays and label product, with customers in fields such
as medical devices and defense technologies and operations across
the UK and Europe.
Interlink serves an international customer base from our
corporate headquarters in Irvine,
California; our Global Product Development and Materials
Science Center and distribution and logistics center in
Camarillo, California; our
advanced printed-electronics manufacturing facilities in
Shenzhen, China, and Irvine, Scotland; and our proprietary production and
product development facility in Newark,
California.
For more information, please visit
www.InterlinkElectronics.com.
Company Contact
Interlink Electronics, Inc.
IR@iefsr.com
Steven N. Bronson, CEO
805-623-4184
Forward-Looking Statements
This release contains "forward-looking statements" within the
meaning of the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. Forward-looking statements can be
generally identified by phrases such as "thinks," "anticipates,"
"believes," "estimates," "expects," "intends," "plans," and similar
words. Forward-looking statements in this press include statements
about our acquisition program, our projected annual revenue run
rate, and the effects of recent acquisitions, including
contributions to our products, manufacturing operations and the
markets we serve. Forward-looking statements are not guarantees of
future performance and are inherently subject to uncertainties and
other factors which could cause actual results to differ materially
from the forward-looking statement. These statements are based
upon, among other things, assumptions made by, and information
currently available to, management, including management's own
knowledge and assessment of the company's industry, R&D
initiatives, competition and capital requirements. Other factors
and uncertainties that could affect the company's forward-looking
statements include, among other things, the following: 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; 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. Additional factors that
could cause actual results to differ materially from those
anticipated by our forward-looking statements are under the
captions "Risk Factors" and "Management's Discussion and Analysis
of Financial Condition and Results of Operations" in our most
recent Annual Report (Form 10-K) or Quarterly Report (Form 10-Q)
filed with the Securities and Exchange Commission. Forward-looking
statements are made as of the date of this release, and we
expressly disclaim any obligation to publicly update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise.
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SOURCE INTERLINK ELECTRONICS