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Unidym, a majority owned subsidiary of Arrowhead Research Corporation (NASDAQ: ARWR), announced today that touch sensitive MP-4 players enabled by Unidym's transparent conductive films were displayed at the 75th China Electronics Fair. The Fair was held at the Shenzhen Convention & Exhibition Center on April 9-11, and the devices were displayed in an exhibit of G Star Laser.
With more touch panels being made in China than anywhere else in the world, China represents one of the largest markets for our transparent conductive films," said Mark Tilley, President and CEO of Unidym. "This demonstration of our technology in touch sensitive MP-4 players marks the launch of a more aggressive effort in to market our films in China."
Unidym, in partnership with various customers, has demonstrated that its films can be substantially more robust than traditional transparent conductive films based on indium tin oxide. Additionally, because the films can be printed through a solution-based roll to roll manufacturing process, they can be produced at a substantially lower cost than vacuum deposited ITO films.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
This news release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements are based upon our current expectations and speak only as of the date hereof. Our actual results may differ materially and adversely from those expressed in any forward-looking statements as a result of various factors and uncertainties, including the future success of our scientific studies, our ability to successfully develop products, rapid technological change in our markets, changes in demand for our future products, legislative, regulatory and competitive developments, the financial resources available to us, and general economic conditions. Arrowhead Research Corporation's most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q discuss some of the important risk factors that may affect our business, results of operations and financial condition. We disclaim any intent to revise or update publicly any forward-looking statements for any reason.
Unidym is a leader in carbon nanotube-based transparent, conductive films (TCFs) for the electronics industry. TCFs are a critical component in devices such as touch panels, displays, and thin-film solar cells. For example, both touch panels and LCDs typically employ two TCF layers per device. Unidym's TCFs offer substantial advantages over the incumbent technology, indium-based metal oxides, including: improved durability, lower processing costs, and lower overall cost structure.
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