Ostin Technology Group Debuts Photo Sharing Product Pintura
30 Septiembre 2022 - 7:00AM
Ostin Technology Group Co., Ltd. (the "Company") (Nasdaq: OST), a
supplier of display modules and polarizers in China, recently
launched its first smart display and photo sharing product Pintura
PinTab Series IX (“Pintura”).
Pintura is a product based on artificial
intelligence of things (AIoT) technologies, and is proprietarily
designed and developed by the Company since July 2021. Each Pintura
product comprises multiple display terminals and one wireless power
supply board and is controlled through a mobile application (the
“mobile APP”). Through computer portal or the mobile APP control,
Pintura enables wireless content transmission. The display
terminals can be moved and rotated to composite different display
arrangements. As a result, Pintura can be used for home wall
decoration, community event wall display, advertisement, event
planning, corporate culture wall display and other scenarios. The
Company believes Pintura can save more space, display more
contents, and avoid cons of traditional display products including
easily aging, not environmentally friendly and hard to replace
content, shape and style. It also has a longer service life
compared to traditional display products, featuring one-click photo
upload function and a 360° presentation that works to improve
interactivity, design and overall utility of the product.
Mr. Ling Tao, CEO of the Company, said, "We are
very pleased to announce the launch of Pintura’s first generation
product Pintura PinTab Series IX. Pintura is the Company’s attempt
in the research and development (R&D) of an interactive
internet-based product, using new display concept to increase the
small size displays’ functions and create new social tools enabling
display, communication, and transmission of interactive contents
such as messages and pictures for active social activities. Pintura
can be widely used by individuals, merchants, display design
solution providers, community organizations, factories and other
retail customers. With our strong R&D capability, we have
responded quickly to the market demand for small display/photo
sharing products within a relatively short time and marked our step
in interactive internet-based products. We are in touch with some
potential customers through initial market studies, and expect to
receive orders from them. We plan to market and sell Pintura
products in China in the fourth quarter of 2022, and in the US
market in the first quarter of 2023.”
About Ostin Technology Group Co., Ltd.
Founded in 2010, the Company is a supplier of
display modules and polarizers in China. The Company designs,
develops and manufactures TFT-LCD display modules in a wide range
of sizes and customized sizes which are mainly used in consumer
electronics, outdoor LCD displays and automotive displays. The
Company also manufactures polarizers used in the TFT-LCD display
modules.
For more information, please visit
http://www.austinelec.com/.
Forward-Looking Statement
This press release contains forward-looking
statements as defined by the Private Securities Litigation Reform
Act of 1995. Forward-looking statements include statements
concerning plans, objectives, goals, strategies, future events or
performance, and underlying assumptions and other statements that
are other than statements of historical facts. When the Company
uses words such as "may, "will, "intend," "should," "believe,"
"expect," "anticipate," "project," "estimate" or similar
expressions that do not relate solely to historical matters, it is
making forward-looking statements. Forward-looking statements are
not guarantees of future performance and involve risks and
uncertainties that may cause the actual results to differ
materially from the Company's expectations discussed in the
forward-looking statements. These statements are subject to
uncertainties and risks including, but not limited to, the
following: the Company's goals and strategies; the Company's future
business development; the demand for smart display and market
acceptance for Pintura; expectation to receive customer orders for
Pintura, the anticipated timing for the marketing and sales of
Pintura; changes in technology; risks and uncertainties regarding
lingering effects of the Covid-19 pandemic on our businesses,
including disruptions to our supply chain; our ability to attract
and retain skilled professionals; client concentration; and general
economic conditions affecting our industry and assumptions
underlying or related to any of the foregoing and other risks
contained in reports filed by the Company with the SEC. For these
reasons, among others, investors are cautioned not to place undue
reliance upon any forward-looking statements in this press release.
Additional factors are discussed in the Company's filings with the
SEC, which are available for review at www.sec.gov. The Company
undertakes no obligation to publicly revise these forward-looking
statements to reflect events or circumstances that arise after the
date hereof.
For more information, please contact:
Ostin Technology Group Co., Ltd.
ir@austinelec.com
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