1st Aug 2012 11:29
Carclo plc ("the Company")
1 August 2012
Atmel Corporation Announcement
The Company notes the comments in respect of XsenseTM (a touch sensor product based upon the Company's Conductive Inkjet Technology) made by Atmel Corporation ("Atmel") executives during the Analyst Earnings call that accompanied Atmel's Q2 Results on 31 July 2012.
Extracts from the transcript of the Earnings call are reproduced below:
"In April, Atmel unveiled its revolutionary new and unique film-based touch sense product called XSense. As a reminder, XSense is based on proprietary, fine line metal mesh technology and is a high-performance alternative to traditional touch sensors most commonly used today. Last quarter, we mentioned we were sampling XSense with customers and the response to date has been very positive. We are on schedule for qualification of the product this quarter and for production to start during the fourth quarter of this year. I'm pleased to report, we have already received our first commercial order for the XSense product. We are presently working with several large OEMs on new designs and expect first products to be released into the marketplace during the first half of 2013. Major volumes are expected to ramp in the second half of 2013."
"The markets for this (XSense) are very similar to the markets for the maXTouch product, both phone and tablets that I actually expect the mix to be much higher on tablet-type of products for larger screen because advantages of XSense are much more compelling, both from a performance standpoint, as well as a cost standpoint. So we expect to be in both marketplaces predominantly, initially but more larger screen versus small screen. We're also seeing a lot of interest in the sort of industrial automotive markets, because this allows them to do things with cursors and so forth that they aren't able to do today."
Enquiries
Carclo plc 01924 268040
Ian Williamson, Chief Executive
Robert Brooksbank, Finance Director
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Nick Tulloch
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Nick Oborne
Stephanie Badjonat
Robert Cook
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