Zytronic Announces a Further Contract Win in the Banking Sector

Zytronic Plc (“the Company”) the specialist manufacturer of touchscreens and optical filters for electronic displays, announces a further contract win in the banking sector for its specialist touchscreen technology (“Zytouch”). Zytouch is now being sold to two major international companies in the banking arena. This will result in total expected volumes of 40,000 units at an estimated value of over £5 million over three years. Both contracts are of a long term nature generating an increasing revenue stream.

The specially developed high performance touchscreens give high readability in differing light conditions, fast response to the touch and reliability of performance in all situations. They are designed to be weatherproof and vandal resistant. Zytronic won the contracts as a result of proven reliability under arduous test conditions.

The new order comes as a result of the development and marketing agreement with Synaptics Incorporated of San Jose, California which is the acknowledged leader in touchpad and other human interface solutions and is behind the electronic technology for 60% of the world’s mobile phones and PDAs. Synaptics provide the electronics controller and software to drive the Zytronic touchscreen with this new contract

Ian Lawson, Chief Executive, Zytronic Plc stated:

“These orders, one of which arose from our agreement with Synaptics, emphasise Zytouch’s unique position in the world marketplace and build upon the recently announced Marconi contract, for its advanced interactive public web phones.

“We are confident that these touchscreens will demonstrate just how far ahead of the market Zytouch is and will assist us in opening up the enormous opportunities, in various markets that are available.

“Synaptics is a prime example of the partners we are now associated with who have the infrastructure in place for the rapid rollout of our technology.”