UniPixel provides business update, shares soar

|By:, SA News Editor

UniPixel (UNXL +18.6%) states there are now three plating lines being used to produce's the company's metal mesh touch sensors, up from a prior one, and that manufacturing partner Kodak (previous) is expected to have four plating lines and two printing lines operational by Q4. More capacity is set to be added in 2014. (PR)

Moreover, UniPixel and Kodak have begun talking with "several manufacturing companies in Asia" that have shown interest in manufacturing their sensors.

Also: UniPixel is rebranding its touch sensors, until now known as UniBoss, as InTouch.

52.5% of the float was shorted as of Aug. 30.