Blue Cube LCD Selects InPlay's Digital Pen and Multi-Touch Capacitive Solution for Development of New Interface Design for Computing Applications.PHOENIX -- InPlay Technologies (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : NPLA), a developer of innovative human interface devices for electronic products, has entered into a development agreement with Blue Cube LCD, a leading display integrator. Under the agreement, Blue Cube is utilizing InPlay's integrated digital pen and capacitive touch input solution to design computing Design Computing refers to an area of Design Studies that deals with furthering the understanding and the practice of design activities through the application and development of novel concepts and techniques in computing. platforms for OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and customers. "We are pleased to enter this new relationship with Blue Cube, a company known for its innovative custom solutions. Blue Cube serves a roster of well-known OEMs, making this a strong validation of our technology," said Ramesh Ramchandani, president and COO, InPlay. InPlay's design integrates its patented, active digital pen and multi-finger capacitive touch input, allowing the user to choose the most natural and effective input means. The active digital pen optimizes handwriting recognition Handwriting recognition is the ability of a computer to receive intelligible handwritten input. The image of the written text may be sensed "off line" from a piece of paper by optical scanning (optical character recognition). and allows for added digital features. The capacitive touch screen offers a quick, proximity sensing, intuitive interface for cursor selection and navigation. "We always keep an eye toward the latest technology," said Jason Meyer, Blue Cube CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "InPlay provides a compelling package with its digital architecture, progressive roadmap for touch integration and feature enhancement capability. This unique technology allows us design flexibility and gives our customer a leading-edge interface solution." InPlay's patented digital computing system allows the user to communicate directly with the computer or other electronic device via an active RF signal. The digitizer dig·i·tize tr.v. dig·i·tized, dig·i·tiz·ing, dig·i·tiz·es To put (data, for example) into digital form. dig behind the LCD screen employs bi-directional electromagnetic technology to communicate with the pen as it moves across the surface, reporting the tip status, sensitivity, pen position, and other details. The active digital pen optimizes handwriting recognition and allows for added digital features not easily achieved with analog products. InPlay offers OEMs the choice of battery-powered or battery-free, cordless or corded pen products, all designed to meet a wide range of markets from smartphones to tablet PCs. About Blue Cube LCD Founded in 2003, Blue Cube LCD is a premier display integrator for customers in a wide range of industries including avionics, marine, industrial, medical and automotive. Blue Cube is dedicated to excellence in display products and has introduced a number of technological advancements in the field. Its headquarters and manufacturing facility are located in Charles City, Iowa Charles City is a city in Floyd County, Iowa, United States. The population was 7,812 at the 2000 census. It is the county seat of Floyd CountyGR6. Charles City is a significant commercial and transportation center for the area, located on U.S. . For more information, visit www.bluecubelcd.com. About InPlay Technologies InPlay Technologies is a developer of innovative human interface devices for electronic products. The company's FinePoint division offers the only digital-based pen-input solution for the rapidly growing mobile computing Using a computing device while in transit. Mobile computing implies wireless transmission, but wireless transmission does not necessarily imply mobile computing. Fixed wireless applications use satellites, radio systems and lasers to transmit between permanent objects such as buildings market. With InPlay's digital technology, OEMs have an almost limitless roadmap for development of new features and functions for their product designs. The Company's Duraswitch[R] brand of electronic switch technologies couples the friendly tactile tactile /tac·tile/ (tak´til) pertaining to touch. tac·tile adj. 1. Perceptible to the sense of touch; tangible. 2. Used for feeling. 3. feedback of mechanical pushbuttons and rotary dials with the highly reliable, thin profile of membrane switches enabling OEMs to create ergonomic ergonomic - Concerning ergonomics or exhibitting good ergonimics. , space saving input panels for a wide range of applications. Visit www.inplaytechnologies.com for more information. This news release contains certain "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. " within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements include statements regarding validation and advantages of our technology and potential benefits of development agreements, including the potential for future customer orders. Risks and uncertainties that could cause results to differ materially from those projected include lack of market acceptance of our products, general changes in demand in the personal computing Refers to users working on their own computers rather than a terminal to a mainframe. Sometimes, the term refers to using computers at home for work and/or entertainment in contrast to business use only. See personal computer. industry and other uncertainties described from time to time in our documents filed with the Securities and Exchange Commission, including our Annual Report on Form 10-KSB for the year ended December 31, 2007 as filed with the Securities and Exchange Commission on March 24, 2008. These forward-looking statements represent our beliefs as of the date of this press release and we disclaim any intent or obligation to update these forward-looking statements. |
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