Why UniPixel Shares Popped Temporarily

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What: Shares of UniPixel (NASDAQ: UNXL  ) popped temporarily today, up by as much as 11% after the company received a milestone payment for its UniBoss license.

So what: The company received a $5 million payment from its recently announced capacity license with Eastman Kodak, which was inked to facilitate the development, introduction, and production of products using its UniBoss sensor film. The amount will be recorded as deferred revenue in the second quarter and UniPixel will use the funds to build out additional production capacity.

Now what: CEO Reed Killion said the payment marked a major milestone on the company's path toward a worldwide commercial rollout, and that the ramp-up schedule is on track. The news follows a 26% plunge on Friday after a handful of negative rumors, including one that suggested that Apple could become a direct competitor after the Mac maker filed a patent application. Analysts discredit this notion, saying that Apple's patent does not threaten UniPixel. The milestone payment may have sparked a rebound rally, but shares have since given up all gains and then some.

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  • Report this Comment On May 20, 2013, at 4:17 PM, taishiba wrote:

    You left our the competitive threat which is potentially fatal for Uni-Pixel from Atmel.

    http://seekingalpha.com/article/1444631-uni-pixel-is-still-a...

  • Report this Comment On May 20, 2013, at 4:17 PM, taishiba wrote:

    Atmel can crush UNXL.

  • Report this Comment On May 20, 2013, at 4:36 PM, paxmaker wrote:

    Thanks for your obviously objective commentary...not!! What Uni-Pixel has going for it is an objectively tested mesh screen based touch screen technology that is best of breed in terms of speed, quality, and cost. They are still a development company..true. But they are in the black the past quarter, have few O/S and have the attention of the industry, the eco-system folks, now a major manufacturer AND the touch screen savvy public. There is plenty of room for other competitors in this milieu. ATML just has to deliver on the elements mentioned above and UNI will welcome them, I am certain. It is depressing that some folks who see your product as a major competitor, treat the world of innovation as a "closed environment." The answer is and will be aptly captured by the phrase, "Show Me!!" Let the consumer ultimately decide. Uni-Pixel is well on the way to benefit from this market process. Good luck to ATML.

  • Report this Comment On May 20, 2013, at 5:15 PM, Alexa225 wrote:

    It would be good if the facts in this article were correct. From the press release:

    '.. received a $5 million payment according to its recently announced second preferred price and capacity license with a major touch-screen ecosystem partner.'

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