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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Nxt | LSE:NTX | London | Ordinary Share | GB0004397567 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 4.35 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:0417O NXT PLC 29 July 2003 29 July 2003 NXT plc NXT and Synaptics to develop integrated audio solutions for laptop computers using SurfaceSound technology NXT plc, today announces that it has entered into a General License agreement with Synaptics, a leader in touch pads and other human interface solutions for mobile computing and communications devices, to license its SurfaceSound flat panel loudspeaker technology. Under the agreement, the two companies will work together to integrate NXT's audio technology with Synaptics' capacitive sensing technology to develop a TouchPadTM which will double as the loudspeaker on laptop computers. "Our relationship with NXT is another example of Synaptics providing leading interface solutions to the notebook market," said Synaptics' general manager, Don Kirby. "This strategic relationship allows us to continue to create unique user interface solutions that add value to our PC customers and end users." Synaptics currently serves the world's top laptop OEMs, and more than half of the laptops shipped today include a Synaptics interface solution. Commenting on the new agreement NXT's CEO, David Pearson, said: "NXT's long-term strategy continues to focus on partnering with industry leaders in commercialising our technologies. Synaptics, which has a reputation as an inventive and trusted technology partner, is a market leader in its field, and has significant market-share in its product areas. "Our alliance with first-movers such as NEC, Philips, 3M, Pioneer, and now Synaptics - which pioneered the laptop touch pad business - is a result of our management team's focus on this strategy." NXT's revenue is generated via its licensing and royalty business. The company operates two types of licensing agreements, 'General' and 'User'. The 'General' Licence covers the manufacture of loudspeaker units or key components containing NXT technology and requires a manufacturer to pay an upfront fee and subsequent royalty on each unit it produces. The exact costs are dependent on the field of use for the licence and quantities sold. A 'User' Licence, which is free, covers NXT's rules regarding product marking and copyright. ENDS For further information, please contact: NXT UK Press Office Tel: 020 7343 4764 or Tel: 020 7343 4796 Nick Lockwood / Paula Crymble Tel: 020 7878 3181 Capital MS&L About NXT NXT's business is the invention, patenting, licensing and marketing of enabling technologies in sound and speech. NXT is setting a new world-standard in loudspeakers. It offers a superior alternative to existing technologies across most product sectors while creating new opportunities where conventional technology has been unable to deliver. NXT has developed industry-specific expertise and is focused on helping its licensees advance product to market efficiently and cost effectively. NXT has more than 250 licensees for its patented SurfaceSound(R) flat panel loudspeaker technology. Licensees include 3M, Acer Computers, Armstrong, Authentic (mainly owned by NEC), DaimlerChrysler, Fujitsu Ten, General Motors, Intier, LG Electronics, Matsushita MEI, Philips, Pioneer, Siemens, Sony Ericsson Mobile Communications, TDK and Visteon. The company, which is fully listed on the London Stock Exchange (symbol NTX), has Technology Centres in Cambridge and Malvern and operations in London, Yokohama, Hong Kong, California, Taiwan and Detroit. For more information about NXT: www.nxtsound.com. About Synaptics Incorporated Synaptics develops advanced interface solutions for products as diverse as notebook and desktop computers, mobile computing and communications devices, automotive applications and security solutions. Synaptics products include: TouchPadTM, the industry standard notebook pointing device; ClearPadTM, a capacitive touch screen solution; TouchStykTM, a modular capacitive pointing stick solution; Spiral(R), an inductive, proximity sensing pen input system; cPadTM, an LCD TouchPad; TouchScreen, a capacitive touch solution for large displays; and QuickStroke(R), a proprietary Chinese handwriting recognition software. More information about Synaptics can be found on the World Wide Web at www.synaptics.com. This information is provided by RNS The company news service from the London Stock Exchange END AGREAKXPAEFDEFE
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