MRO Magazine

Interlink Electronics, Inc. Corporate Updates


July 1, 2015
By Business Wire News

WESTLAKE VILLAGE, Calif.

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.

Interlink Electronics, Inc.
Steven N. Bronson, CEO
805-416-7004
or
Tracy Kern, CFO
805-416-7072