Immersion Enters into Multi-Year License Agreement with Continental
Continental is licensed to include haptic technology in its Automotive
Instrumentation and Driver HMI solutions
SAN JOSE, Calif. -- June 5, 2014
Immersion Corporation (Nasdaq:IMMR), the leading developer and licensor of
touch feedback technology, today announced that it has entered into a
multi-year licensing arrangement with Continental. With around 182,000
employees in 49 countries, Continental is one of the leading automotive
Under the agreement, Continental is licensed to incorporate Immersion’s
advanced haptic technologies for touchscreen, touch pad and touch panel
interfaces in Continental’s automotive solutions. Haptic technologies enhance
the usability of in-car interfaces, making it safer for drivers to interact
with their automotive systems while they are on the road.
Haptic technologies bring heightened realism and powerful feedback mechanisms
to today’s touch interfaces and, when used in automotive navigation and
entertainment systems, can provide critical confirmation cues, reduce
distractions to create a safer and more intuitive driver experience. In
addition, haptics offer designers flexibility to create unique, highly
customized interior design throughout the car, in many cases at a lower cost
than implementing similar capabilities through mechanical equivalents.
“Immersion’s technology is driving innovation in next generation of touch
interfaces throughout the automotive interior. We’re working with automotive
suppliers and OEMs to enable them to create unique user experiences that are
intuitive and safe to operate,” explains Dennis Sheehan, senior vice president
of sales and marketing at Immersion. “Continental’s adoption of Immersion
haptic technology puts them on the leading edge of automotive solutions
For more information on Immersion’s automotive technology, visit
About Immersion (www.immersion.com)
Founded in 1993, Immersion (NASDAQ: IMMR) is the leading innovator in haptics,
or tactile effects; the company's touch feedback solutions deliver a more
compelling sense of the digital world. Using Immersion's high-fidelity haptic
systems, partners can transform user experiences with unique and customizable
touch feedback effects; excite the senses in games, videos and music; restore
"mechanical" feel by providing intuitive and unmistakable confirmation;
improve safety by overcoming distractions while driving or performing a
medical procedure; and expand usability when audio and visual feedback are
ineffective. Immersion's TouchSense technology provides haptics in mobile
phone, automotive, gaming, medical and consumer electronics products from
world-class companies. With over 1,650 issued or pending patents in the U.S.
and other countries, Immersion helps bring the digital universe to life. Hear
what we have to say at blog.immersion.com.
This press release contains "forward-looking statements" that involve risks
and uncertainties, as well as assumptions that, if they never materialize or
prove incorrect, could cause the results of Immersion Corporation and its
consolidated subsidiaries to differ materially from those expressed or implied
by such forward-looking statements.
All statements, other than the statements of historical fact, are statements
that may be deemed forward-looking statements, including, but not limited to,
statements regarding future Continental products, the continued availability
of Continental’s current products, the continuing integration of Immersion
solutions into Continental’s products, and future collaboration between
Immersion and Continental.
Immersion's actual results might differ materially from those stated or
implied by such forward-looking statements due to risks and uncertainties
associated with Immersion's business, which include, but are not limited to:
unanticipated difficulties and challenges encountered in product development
efforts by Immersion and its licensees; adverse outcomes in any future
intellectual property-related litigation and the costs related thereto; the
effects of the current macroeconomic climate; delay in or failure to achieve
commercial demand for Immersion's products or third party products
incorporating Immersion's technologies; and a delay in or failure to achieve
the acceptance of touch feedback as a critical user experience. Many of these
risks and uncertainties are beyond the control of Immersion.
For a more detailed discussion of these factors, and other factors that could
cause actual results to vary materially, interested parties should review the
risk factors listed in Immersion's most current Form 10-Q on file with the
U.S. Securities and Exchange Commission. The forward-looking statements in
this press release reflect Immersion's beliefs and predictions as of the date
of this release. Immersion disclaims any obligation to update these
forward-looking statements as a result of financial, business, or any other
developments occurring after the date of this release.
The use of the words "partners" in this press release does not mean legal
Immersion, the Immersion logo, and TouchSense are trademarks of Immersion
Corporation in the United States and other countries. All other trademarks are
the property of their respective owners.
(IMMR - C)
Reagan Crossley, 650-762-2955
The Blueshirt Group
Jennifer Jarman, 415-217-5866
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