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SMALL BUSINESS
NXT Licenses Immersion’s Technology to Drive Touch Feedback with Audio Solutions
Integrated Haptics Available to Electronics Manufacturers to Power User Experiences
Business Wire
Immersion Corporation (NASDAQ: IMMR), the leading developer and licensor
of
touch
feedback technology, today announced that NXT plc, a provider of
unique sound solutions, best known for its flat panel loudspeaker
technology, has licensed Immersion’s TouchSense
® haptics
technology. The agreement will enable NXT to integrate touch feedback
effects in audio-haptic solutions offered to original equipment
manufacturers for touchscreen and touchpanel applications.
"Our haptics technology is a key complement to NXT’s solutions,” said
Craig Vachon, senior vice president and general manager of Immersion's
Touch line of business. “We’re pleased to partner with them to extend
the power of our TouchSense technology to even more innovative
applications.”
NXT is expert in the field of bending wave physics and licenses its
technology for flat panel loudspeakers to companies around the world.
Applications include audio systems, TVs, PCs, and a wide array of
touchscreens where audio and touch are important to the user interface.
Peter Thoms, NXT chief executive officer, said, “having developed our
physics-based bending wave haptics technology to the point of near
optimum performance, I am delighted to be signing this agreement with
Immersion, since it gives NXT access to Immersion’s complementary
technologies. Working with Immersion, the recognized leader in touch
feedback technology, we look forward to developing the total market for
haptic feedback-enabled touch devices by delivering genuinely
differentiated products that will enhance user experiences across
countless applications.”
About NXT
(
www.nxtsound.com
)
NXT’s commitment to inventiveness in sound and touch has enabled it to
deliver new technologies already deployed in audio systems, TVs, PCs and
laptops, mobile phones, PA systems, cars, aircraft and in public
buildings and facilities around the world. With its unique portfolio of
patented technologies and unparalleled expertise in the field of bending
wave physics, NXT helps its partners invent, create and market
innovative sound solutions that offer sustainable differentiation. NXT
is fully listed on the London Stock Exchange (symbol NTX) and has
operations in the UK, Hong Kong, Japan and the USA.
About Immersion (
www.immersion.com
)
Haptic
(touch) technology is key to the future of user experience in
digital devices. Founded in 1993, Immersion harnesses human touch to
create user experiences that deliver a more compelling sense of the
digital world. Using one of Immersion’s adaptable high fidelity haptic
systems, partners can achieve a competitive advantage and greater
revenue opportunities with products that are more intuitive, satisfying,
efficient, and safe. With Immersion technology, world-class companies
can deliver improved user experiences in products such as widely popular
video games, leading video console gaming systems, advanced automotive
driver controls, and award-winning mobile phones. Immersion manufactures
its own line of medical simulators that incorporate
touch
technology. These virtual reality training tools, installed around
the world, enable practitioners to improve their practice of
sophisticated life-saving surgical procedures prior to operating on
patients. With over 800 issued or pending patents in the U.S. and other
countries, Immersion is the leading innovator in touch-enabled user
experiences that bring the digital universe to life.
Forward-looking Statements
This press release contains “forward-looking statements” that involve
risks and uncertainties, as well as assumptions that, if they never
materialize or prove incorrect, could cause the results of Immersion
Corporation and its consolidated subsidiaries to differ materially from
those expressed or implied by such forward-looking statements.
All statements, other than the statements of historical fact, are
statements that may be deemed forward-looking statements, including the
statement regarding NXT being able to integrate touch feedback effects
into audio-haptic solutions, the statement that the integration of
Immersion haptics technology with NXT audio solutions offers customers
innovative technology that will set great products apart, the statement
that haptic (touch) technology is the future of user experience in
digital devices, the statement that partners can achieve a competitive
advantage and greater revenue opportunities using Immersion’s haptic
systems, any statements regarding the capabilities of Immersion’s
products, and any statement or assumptions underlying any of the
foregoing. Immersion’s actual results might differ materially from those
stated or implied by such forward-looking statements due to risks and
uncertainties associated with our business, which include, but are not
limited to, the effects of the current macroeconomic climate, delay in
or failure to achieve commercial demand for our products, a delay in or
failure to achieve the acceptance of force feedback as a critical user
experience, and unanticipated difficulties and challenges encountered in
product development efforts or in connection with Immersion’s license
with NXT plc; those risks resulting from Immersion's ongoing analysis of
Immersion's accounting method regarding revenue recognition; other
accounting adjustments that may result from review of Immersion's
financial statements for the periods in question; Immersion's ability to
timely file any required amended periodic reports reflecting any
restated financial statements; the ramifications of Immersion's
potential inability to timely file required reports; potential claims
and proceedings relating to such matters, including stockholder
litigation and action by the SEC or other governmental agencies; and
negative tax or other implications for Immersion resulting from the
accounting adjustments; and other factors. Many of these risks and
uncertainties are beyond the control of Immersion.
For a more detailed discussion of these factors, and other factors that
could cause actual results to vary materially, interested parties should
review the risk factors listed in our most current Form 10-Q, which is
on file with the U.S. Securities and Exchange Commission. The
forward-looking statements in this press release reflect our beliefs and
predictions as of the date of this release. We disclaim any obligation
to update these forward-looking statements as a result of financial,
business, or any other developments occurring after the date of this
release.
Immersion, the Immersion logo and TouchSense are trademarks of Immersion
Corporation in the United States and other countries. All other
trademarks are the property of their respective owners.
(IMMR – T)
Copyright Business Wire 2009
2009-11-18 16:45:00
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