CAMARILLO, Calif.--(BUSINESS WIRE)--Interlink Electronics, Inc. (OTC: LINK), a global leader in sensor and human-machine interface technologies, today is pleased to announce the opening of its wholly-owned Singapore subsidiary named Interlink Electronics Singapore Private Limited that will serve as its Asia-Pacific regional research and development (R&D) center. As previously disclosed, on February 3, 2014 Dr. Albert Lu joined Interlink Electronics as the Chief Technical Officer. Dr. Lu will be based out of Interlink Electronics’ new Singapore office and his responsibilities will include developing strategic technology and product roadmaps, identifying synergistic R&D partnerships and funding opportunities, leading the internal R&D team, and maintaining Interlink Electronics’ competitive advantage in the human-machine interface technology landscape. Dr. Lu will be presenting, on behalf of Interlink Electronics, at the Technology Business Group Industry Outreach Seminar sponsored by the International Enterprise (IE) Singapore organization on February 7, 2014.
"Our new R&D office in Singapore is a natural expansion of our historical footprint in the Asia-Pacific region, which includes our China factory that was established in 2006 and our Hong Kong distribution and warehouse facility that was established in 2001. The Asia-Pacific region is strategically important to our business growth plans as it offers cost-effective manufacturing, world class R&D partners, and rapidly growing consumer markets," stated Howard D. Goldberg, Ph.D., President and COO of Interlink Electronics. Dr. Goldberg continued, "Additionally, we would like to acknowledge the efforts of both the International Enterprise Singapore and Economic Development Board organizations for their introduction to the Singapore business environment and professional partners that made the setup of our Singapore subsidiary seamless and cost effective.”
“Singapore has a rich R&D history in printed electronics, human-machine interfaces, and microelectronics that aligns well with the technology and business growth initiatives of Interlink Electronics” stated Albert Lu, Ph.D., CTO of Interlink Electronics. Dr. Lu continued “Singapore also offers a pro-business environment, skilled high-tech workforce and access to world-class R&D institutes such as the Singapore Institute of Manufacturing Technology (SIMTech) and the Agency for Science, Technology and Research (A*STAR). I am very excited about joining the Interlink Electronics team and helping drive the future growth opportunities, as our electronic world is becoming more touch-centric and the need for human-machine interface solutions is growing.”
About Interlink Electronics, Inc.
Interlink Electronics is a world-leading trusted advisor and technology partner in the advancing world of touch-sensor and human-machine interface technologies. Interlink Electronics has led the printed electronics industry in the commercialization of its patented Force-Sensing Resistor (FSR®) technology, which has enabled rugged and reliable human-machine interface (“HMI”) solutions. For over 29 years, Interlink Electronics' solutions have focused on handheld user input, menu navigation, cursor control, and other intuitive interface technologies for the world's top electronics manufacturers. Interlink Electronics has a proven track record of supplying human-machine interface solutions for mission-critical applications in a wide range of markets, including, but not limited to, consumer electronics, automotive, industrial, and medical devices. Interlink Electronics serves a world-class customer-base from its corporate headquarters in Camarillo, California (greater Los Angeles area), state-of-the-art printed-electronics factory in China, global distribution and warehouse facility in Hong Kong, and offices in Japan and Singapore. For more information, please see http://www.interlinkelectronics.com.
FORWARD LOOKING STATEMENTS: This release contains “forward-looking statements” involving a number of risks and uncertainties as defined in the Private Securities Litigation Reform Act of 1995. The following are among the factors that could cause actual results to differ materially from the forward-looking statements: historical losses and negative cash flow, the success of business divestitures and acquisitions, the ownership of the majority of our stock by a small group of investors, 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, pending litigation against Interlink Electronics, historical weaknesses in internal controls over financial reporting, 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. The forward-looking statements contained in this release should be considered in light of these risk factors.
