April 7, 2009 - Micromem Technologies Div of MASTInc will supply to Unotron approximately five million keyboard circuits that incorporate Micromem’s patented magnetic sensor technology. Unotron is the inventor of washable keyboard technology and intends to integrate and deploy Micromem’s Hall sensor technology into Unotron’s new line of SoftKey washable keyboards and upcoming production projects.
This agreement is anticipated to result in approximately U.S. $77 million in revenue to MASTInc over the next five years, with 2009 revenue from units expected to be shipped estimated to be U.S. $5 million dollars.
“This relationship with Unotron not only significantly impacts our sales, but also springboards our position in the computer technology marketplace,” said Steven Van Fleet, president of MASTInc, noting that the personal computer technology market as of June 2008 hit one billion users worldwide, with expectations to add another billion by 2014. “With an esteemed market leader like Unotron as our partner, MASTInc’s hall sensor technology may also have applications for laptops, tablet PCs and pocket PCs.” Unotron is renowned for manufacturing high quality, washable data input and security devices that are easily cleaned and disinfected to mitigate the spread of infection in healthcare, education, commercial and government environments.
Unotron’s patented SpillSeal® protection allows keyboards to become fully submerged in water or antibacterial solutions for disinfecting. This technology is experiencing widespread adoption because it creates a safer environment at a time when health officials warn of an alarming rise in infections related to so-called “super bugs.” These washable wireless keyboards and mouse units are compatible with all PCs, including desktops, laptops, workstations and servers, as well as all healthcare and dental carts and platforms. MASTInc plans to design, manufacture and ship product to Unotron using patented three-dimensional statistical manufacturing processes.
Micromem’s highly sensitive magnetic sensor technology, which has evolved from over seven years of research and development, has broad base applications across a wide spectrum of industries and sectors, with the potential for providing solutions to previously unsolvable problems. Micromem’s magnetic Hall sensors will be utilized in the manufacturing of all Unotron SoftKeyâ keyboards in a variety of designs and sizes. “We believe that the sensitivity and size of our Hall sensor technology combined with the advanced technology from Unotron will result in extensive market opportunities for Micromem throughout the medical and healthcare industries and beyond,” said Micromem Technologies Inc. CEO Joseph Fuda.
“The relationship with Unotron is a game-changer for our company and an entry point into a largely untapped marketplace.”
