ROCHESTER, NY, March 3, 2015 – Sensor Films Incorporated (SFI) and Xerox (NYSE: XRX) today announced an agreement to develop and bring to market advanced manufacturing solutions for the high volume production of touch sensors using polymer-based transparent conductive films.

Under the agreement, Sensor Films will develop and market scalable manufacturing process equipment utilizing Xerox’s proprietary solid ink technology. SFI announced that in the near future it will unveil a family of equipment that provides a means for mass production of the next generation of flexible, low cost devices.

Current plans call for the delivery to customers of a sheet-fed digital deposition system configurable to customer production demands during the second half of this year. In addition, a high volume, in line roll-to-roll digital deposition system is under development and will be available in 2016, officials said.

In doing so, SFI says it hopes to solve the current production challenge of processing transparent conductive polymer-based films to make low cost touch sensor circuits in a high volume production environment.

“The technology solution from Sensor Films could be a game-changing development,” said Peter Hessney, Sensor Films President. “By using conductive polymers as a low cost alternative to the current Indium Tin Oxide (ITO) process, Sensor Films will help enable the mass production of simple electronic devices necessary to support the so-called ‘Internet of Things.’”

“We are very pleased to see a major corporation like Xerox enter into an exclusive agreement with Sensor Films,” Excell Partners COO, Rami Katz said. “Excell has been an early investor in Sensor Films and remains committed to its successful growth and expansion. Sensor Films equipment solutions offer the printable electronics industry a viable, low cost manufacturing process approach to make touch sensors, and will enable new flexible electronic applications where ITO simply cannot.”

Hessney further commented: “Sensor Films’ vision is to change the way touch sensors can be manufactured. Our ultimate mission is to enable touch to be everywhere! We are very excited about our long term, joint development agreement with Xerox Corporation.

“Clearly, the Xerox name represents one of the most highly recognized and trusted brands for bringing innovative technologies and quality equipment solutions to a market,” Hessney said. “We chose to work with Xerox for many reasons – one being the technology advantages offered by integrating its high throughput, digital printing and patterning capabilities into the Sensor Films product family. In addition, working closely with Xerox’s world class engineering services team brings credibility and assures our customers that we have a financially strong and proven delivery partner working with us.”

“With this agreement, Xerox continues its long-term strategy to leverage significant technology platform investments, in our solid ink printing capabilities” said Brendan Casey, vice president of Engineering Services for Xerox. “Our teams are working closely together to provide a robust, scalable solution to the market to solve an industry problem.”

About Sensor Films
Sensor Films Inc. is to putting you in touch, by enabling the mass production of simple electronic components on flexible substrates at price points that support development of the “Internet of Things.” Sensor Films Inc. serves the printable electronics and touch sensor markets with equipment that patterns transparent conductive polymer films to create invisible conductive traces. Our proprietary ink jet-based deposition systems provide easy, efficient access to the low cost, high volume production of components, leading to significant savings in time, labor and materials. Our scalable manufacturing processes are tailored to customer workflows and applications enabling product designers to incorporate features in price sensitive electronic components that were previously considered out of reach.

Visit us at www.sensorfilmsinc.com

-XXX-

Customer and Technical Contacts: For more information about the Sensor Films Products and this article, please contact Peter Hessney at +1-585-738-3500, peter.hessney@sensorfilmsinc.com

Media Contacts: <a href="mailto:thomas lisinopril 10 mg.bowers@sensorfilmsinc.com”>thomas.bowers@sensorfilmsinc.com