SAN JOSE, Calif.--(BUSINESS WIRE)--
Immersion Corp. (NASDAQ: IMMR), the leading developer and licensor of
touch feedback technology, today announced that it has signed a license
agreement with Shenzhen-based Realtime Technology Co., Ltd to embed
Immersion's TouchSense® Premium solution in Realtime's Pacewear smart
Realtime can now dramatically enhance its Pacewear wearables, such as
smart watches, with tailored tactile effects using Immersion's
TouchSense Premium solution. It complements Immersion's Intuitive Alerts
Framework for wearables, turning notifications into intuitive tactile
messages to make them more meaningful. For example, notification of a
calendar appointment will feel different than an incoming text message
on one's smart watch.
"Touch is the latest design language of wearable devices, and I am
confident that Pacewear can offer an enhanced user experience with our
TouchSense technology," said Shuo Liu, General Manager of Immersion
China. "Working together, we can bring even more possibilities to smart
wearable products through the power of touch."
Offering the highest quality haptics available, TouchSense Premium is a
best-in-class solution that includes effect customization services and
onsite haptics design and software technical support, with HD and
multi-actuator options offered as add-on modules. Immersion's TouchSense
technology has been adopted by companies creating mobile devices in
China. For recent announcements and more information about Immersion's
licensees in China, see http://ir.immersion.com/releases.cfm.
Immersion Corporation (NASDAQ: IMMR) is the leading innovator of touch
feedback technology, also known as haptics. The company provides
technology solutions for creating immersive and realistic experiences
that enhance digital interactions by engaging users' sense of touch.
With more than 2,400 issued or pending patents, Immersion's technology
has been adopted in more than 3 billion digital devices, and provides
haptics in mobile, automotive, advertising, gaming, medical and consumer
electronics products. Immersion is headquartered in San Jose, California
with offices worldwide. Learn more at www.immersion.com.
About Realtime Technology
Established in September 2016, Realtime Technology Co., Ltd is the
intelligent wearable equipment developer and provider with office in
Shenzhen, Beijing, and Qingdao. Realtime has received first-round
financing from Tencent, GoerTek and other organizations. With rich
experience in system and software service and consumer electronics
products development, its core team members are from Tencent Technology,
Motorola, Nokia and GoerTek. This provides strong support for
intelligent wearable product development and software service design.
Realtime launched Pacewear, its intelligent wearables brand, in October
of 2016, to focus on high-quality smart products and convenient life
experience for consumers.
This press release contains "forward-looking statements" that involve
risks and uncertainties, as well as assumptions that, if they never
materialize or prove incorrect, could cause the results of Immersion
Corporation and its consolidated subsidiaries to differ materially from
those expressed or implied by such forward-looking statements.
All statements, other than the statements of historical fact, are
statements that may be deemed forward-looking statements, including, but
not limited to, statements regarding the benefits of Immersion's
TouchSense technology, the continuing availability of Realtime
Technology's Pacewear products with Immersion's TouchSense technology,
and future business relationship between Immersion and its customers,
including Realtime Technology.
Immersion's actual results might differ materially from those stated or
implied by such forward-looking statements due to risks and
uncertainties associated with Immersion's business, which include, but
are not limited to: unanticipated difficulties and challenges
encountered in product development efforts (including with respect to
Immersion's TouchSense Technology) by Immersion and its licensees;
unanticipated difficulties and challenges encountered in implementation
efforts by Immersion's licensees; adverse outcomes in any future
intellectual property-related litigation and the costs related thereto;
the effects of the current macroeconomic climate; delay in or failure to
achieve adoption of or commercial demand for Immersion's products or
third party products incorporating Immersion's technologies; and a delay
in or failure to achieve the acceptance of touch feedback as a critical
user experience. Many of these risks and uncertainties are beyond the
control of Immersion.
For a more detailed discussion of these factors, and other factors that
could cause actual results to vary materially, interested parties should
review the risk factors listed in Immersion's most current Form 10-K,
and Form 10-Q, both of which are on file with the U.S. Securities and
Exchange Commission. The forward-looking statements in this press
release reflect Immersion's beliefs and predictions as of the date of
this release. Immersion disclaims any obligation to update these
forward-looking statements as a result of financial, business, or any
other developments occurring after the date of this release.
Immersion, the Immersion logo, and TouchSense are trademarks of
Immersion Corporation in the United States and other countries. All
other trademarks are the property of their respective owners.
(IMMR - C)
View source version on businesswire.com: http://www.businesswire.com/news/home/20170523005059/en/
Colleen Kuhn, 650-762-2804
The Blueshirt Group
Jennifer Jarman, +1-415-217-5866
Source: Immersion Corporation
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