Re Agreement
Zytronic PLC
09 May 2003
ZYTRONIC PLC
Worldwide distribution agreement with Elo TouchSystems Inc
Termination of agreement with 3M
ZYTRONIC PLC, the specialist manufacturer of touchscreens and optical filters
for electronic displays, announces an agreement with Elo TouchSystems replacing
3M as worldwide distributor for ZYTOUCH, Zytronic's unique touch screen
technology. The agreement with 3M was terminated by mutual agreement, based on
the joint conclusions that planned synergies would not be achieved as
anticipated.
Elo TouchSystems, Inc., is the global leader in touch technology. ZYTOUCH will
complement their product range. Under the terms of the agreement, Elo Touch
Systems will distribute Zytronic's projected capacitive touchscreen technology
worldwide through its normal distribution channels under the Elo brand name.
ZYTOUCH is ideally suited to outdoor and through-glass public-access
applications such as ATM's, Web phones, ticket machines, industrial displays,
self pay petrol pumps, under counter, and interactive kiosk systems.
Mark Mendenhall, president, Elo TouchSystems, commented:
'The decision to enter into a private label agreement with Zytronic was prompted
by the synergy of two innovative and forward-looking companies'
'The addition of projected capacitive touchscreens is complementary to Elo's
existing touch technologies and expands Elo's comprehensive product offering to
enhance our position as the leader in touch technology.'
Ian Lawson, chief executive, Zytronic Plc, commented:
'Through today's agreement with Elo TouchSystems, we have the premiere
touchscreen company promoting our unique technology through their global sales
channels.
'We will continue to work closely with Elo TouchSystems in the rollout of our
product across the broadest range of markets'
9 May 2003
ENQUIRIES:
Zytronic Plc Tel: 0191 414 5511
Ian Lawson, Chief Executive
College Hill Tel: 020 7457 2020
Nicholas Nelson
Clare Warren
Notes to Editors:
The ZYTOUCH Projective Capacitive Technology
ZYTOUCH touch screens uniquely enables the screen to be touch sensitive through
a protective screen in front of the display which can be upto 25 mm thick.Units
can be installed behind a shop window or other protective materials. The
solid-state construction of the touchscreen - unsurpassed impact, vandal, and
scratch resistance - makes it ideal for public-access applications. It is
unaffected by moisture, heat, rain, harsh cleaning fluids and even vandalism.
The embedded sensor and solid-state controller provide increased levels of
reliability and life expectancy, resulting in a drift-free, low-maintenance unit
that requires no recalibration.
About Elo TouchSystems
Elo TouchSystems, Inc., global leader in touch technology, is a business unit of
Tyco Electronics. Elo develops, manufactures and markets a complete line of
touch products that simplify the interface between people and computers in both
public-access and employee-activated applications. Founded in 1971, the company
is headquartered in Fremont, California, with manufacturing sites in the U.S.,
Belgium, Taiwan, and Japan. Elo's main regional offices are in Kessel-Lo,
Belgium and Yokohama, Japan, with additional sales and technical support offices
worldwide. For more information on Elo TouchSystems' products and services, call
1-800-ELO-TOUCH in the U.S. or +32-16-35-2100 in Europe or visit our Web site at
www.elotouch.com.
This information is provided by RNS
The company news service from the London Stock Exchange