Interlink Electronics, Inc. (OTC: LINK), a global technology leader and
trusted advisor in Human Machine Interface (HMI) solutions, today
announced its commitment to continue to expand its global R&D footprint
in Singapore.
As part of the Company’s pledge to continue its growth in technology and
product offerings, Interlink will add additional, talented R&D engineers
to their Singapore footprint, spearheaded by CTO, Dr. Albert Lu. Prior
to joining Interlink in 2014, for over 15 years Dr. Lu had made
significant R&D contributions to the Singapore Institute of
Manufacturing Technology (SIMTech), which develops high-value
manufacturing technology and human capital to enhance the
competitiveness of Singapore's manufacturing industry.
Interlink has also recently eliminated the European positions of VP of
Product Development and Global VP of Sales, and we plan to replace these
roles through new hires in Singapore. These changes support the
Company’s long-term growth strategy of expanding its Singapore-hub.
“Interlink’s continued global expansion is a testament to Singapore’s
talented engineering workforce and conducive business environment,” said
Mr. Steven N. Bronson, CEO of Interlink Electronics. “We are
committed to using local knowledge, in collaboration with our
international teams, to increase R&D collaboration and efficiency in our
continuing efforts to grow our innovative and intelligent solutions,” continued
Mr. Bronson.
“We are making meaningful and streamlined changes across our
organization to better position us for future growth,” said Ms.
Tracy Kern, CFO of Interlink Electronics. “We’re excited about this
next phase of our growth strategy.”
About Interlink Electronics, Inc.
Interlink Electronics is a world-leading trusted advisor and technology
partner in the advancing world of human-machine interface and sensor
technologies. Interlink Electronics has led the printed electronics
industry in its commercialization of its patented Force-Sensing Resistor
(FSR®) technology, which has enabled rugged and reliable human-machine
interface ("HMI") solutions. For over 30 years, Interlink Electronics'
solutions have focused on handheld user input, menu navigation, cursor
control, and other intuitive interface technologies for the world's top
electronics manufacturers. Interlink Electronics has a proven track
record of supplying human-machine interface solutions for
mission-critical applications in a wide range of markets, including, but
not limited to, consumer electronics, automotive, industrial, and
medical devices. Interlink Electronics serves a world-class
customer-base from its corporate headquarters in Westlake Village,
California (greater Los Angeles area), global research and development
center in Singapore, printed-electronics factory in China, global
distribution and warehouse facility in Hong Kong, and offices in France
and Japan.
FORWARD LOOKING STATEMENTS: This release contains "forward-looking
statements" involving a number of risks and uncertainties as defined in
the Private Securities Litigation Reform Act of 1995. The following are
among the factors that could cause actual results to differ materially
from the forward-looking statements: historical losses and negative cash
flow, the success of business divestitures and acquisitions, the
ownership of the majority of our stock by a small group of investors,
our success in predicting new markets and the acceptance of our new
products, efficient management of our infrastructure, the pace of
technological developments and industry standards evolution and their
effect on our target product and market choices, the effect of
outsourcing technology development, changes in the ordering patterns of
our customers, a decrease in the quality and/or reliability of our
products, protection of our proprietary intellectual property,
competition by alternative sophisticated as well as generic products,
historical weaknesses in internal controls over financial reporting,
continued availability of raw materials for our products at competitive
prices, disruptions in our manufacturing facilities, risks of
international sales and operations including fluctuations in exchange
rates, compliance with regulatory requirements applicable to our
manufacturing operations, and customer concentrations. The
forward-looking statements contained in this release should be
considered in light of these risk factors.
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