NANTES, FRANCE and BURLINGAME, CA--(Marketwired - July 07, 2016) - ARMOR, the world leader of thermal transfer technology and high-performance coating on thin films, and Novasentis, the leading developer of haptic and sensory feedback for wearable devices, announced today a global partnership to develop Novasentis' unique haptic technology for the wearables mass-market. The partnership leverages ARMOR's expertise in formulation and high-tech volume coating in their state-of-the-art manufacturing facility to provide specialty films for Novasentis' haptic actuators.
"Partnering with Novasentis is a natural part of our strategy to develop high-tech coated films for industrial applications," said Hubert de Boisredon, Chairman & CEO of ARMOR. "ARMOR has a unique know how and history of developing customized industrial and supply capabilities to provide solutions that improve the well-being of people in our contemporary society. The wearable technology market fits perfectly within this vision. In addition, we see strong growth potential with Novasentis's haptic technology."
"ARMOR is a leader in high-performance roll to roll coated films," said Francois Jeanneau, President and CEO of Novasentis. "It was inevitable that we aligned ourselves with ARMOR, as we cannot think of a more appropriate partner who'll help us realize our long-established goal of being the haptic actuator of choice for the wearable mass-market."
Both companies are confident that ARMOR's world-class high-speed coating and film-making capability is best positioned in the industry to more than adequately meet the expected demand. The two companies have been working together for several months and have successfully manufactured prototypes using a roll-to-roll process. Production is expected in early 2017.
The partnership with ARMOR is yet another key piece of Novasentis's manufacturing strategy to collaborate with industry leading companies to develop and supply haptic technology for the global market. You can find out more about Novasentis's unique technology, by visiting us at www.novasentis.com.
Novasentis is the leading supplier of the world's thinnest and most flexible polymer-based haptic actuators. The patented electro-mechanical polymer (EMP) technology and products are ideal for creating rich haptic feedback and a completely new user experience for applications including smart watches, AR/VR, gaming controllers and others. The versatile technology has novel applications in industries such as wearables, gaming and medical. Founded in 2006, Novasentis is privately held and headquartered in Burlingame, California with research facilities in State College, Penn. More information on Novasentis is available at www.novasentis.com.
ARMOR is the world leader in high volume coated films and thermal transfer business ribbons for printing on packaging and bar code labels, the leading European producer of inkjet cartridges and the leading seller of remanufactured laser cartridges in France. ARMOR is founding its growth on a strategy of co-industrialization and sustainable innovation. ARMOR, headquartered in France, has 2,000 employees located at 24 industrial and logistics locations worldwide. In 2015, annual revenues were EUR240 million.