Zytronic PLC
14 November 2002
ZYTRONIC PLC
Worldwide distribution agreement with 3M
ZYTRONIC PLC, the specialist manufacturer of touch screens and optical filters
for electronic displays, announces an agreement with 3M Touch Systems, Inc for
distribution of the 'ZYTOUCH' touch screen on a worldwide basis. 3M will brand
the product under its own label and use its extensive sales channels in the
touch screen arena to promote this product .
The agreement is important for both Zytronic and 3M in that it expands 3M's
broad offering of touch screen technologies whilst providing Zytronic access to
an extensive worldwide sales team and distribution channel. The benefits to
Zytronic are not expected to be immediate, and may take up to two years before
tangible results become evident from this relationship.
Zytronic plans to maintain its existing direct marketing channels to OEM's, such
as those announced over the past 12 months in the banking and telephony sectors.
Zytronic's 'ZYTOUCH' touch screens are based on the patented projected
capacitive touch technology which enables the device to sense a gloved or
ungloved touch through a protective glass material.
ZYTOUCH incorporates a range of optical features which offer remarkable clarity
and light transmission. Moreover, while satisfying all the standard touch
screen market requirements in terms of speed of response, accuracy and
reliability, the product offers superior rugged performance features making it
ideally suited for public access and outdoor applications, including banking and
ticket dispensing.
Ian Lawson, Chief Executive, ZYTRONIC PLC commented:
'We have worked hard with 3M to secure an agreement which works well for both
companies. 3M has a huge presence throughout the world and believes that strong
demand exists for ZYTOUCH and will commit considerable time and resources to
this product. In parallel, our direct marketing efforts will continue unabated.'
Scott Hagermoser, Manager of Business Development at 3M Touch Systems commented:
'This addition expands the portfolio of products from 3M Touch Systems and
provides an ideal solution for demanding environments. Zytronic touch screens
offer a unique solution and complements our current capacitive and resistive
technologies. We welcome the opportunity to offer this exceptional product to
our customers'
14 November 2002
ENQUIRIES:
Zytronic Plc Tel: 0191 414 5511
Ian Lawson, Chief Executive
College Hill Tel: 020 7457 2020
Nicholas Nelson
Clare Warren
About 3M Touch Systems, Inc.
3M Touch Systems, Inc., a subsidiary of 3M, operates globally and reports
through 3M Optical Systems Division headquartered in St. Paul, Minn. 3M is a $16
billion diversified manufacturer serving an array of commercial, industrial, and
consumer markets.
3M and MicroTouch are trademarks of 3M company.
For all other Enquiries, visit www.3Mtouch.com/info/pr
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.