NextWindow Completes Record Fiscal Year As Touch Screen PC Market Matures
NextWindow Building Strong Relationships with the World's Largest PC Manufacturers.
Pleasanton, CA (PRWEB) May 7, 2009 -- NextWindow, the market and technology leader in optical touch screens for personal and business computing applications, today announced record results for its fiscal year 2009 ending March 31. In addition to completing its best year in revenue growth, NextWindow reached several significant customer milestones in FY'09, including establishing stronger relationships with two of the world's largest personal computer manufacturers, each of whom delivered new products containing NextWindow technology. Also in FY'09 NextWindow increased revenue 600% over FY'08.
Touch Takes Off
While touch screen technology has been around for years, the market for personal computing devices utilizing touch reached a tipping point in 2008. Several factors contributed, including the availability of touch-enabled all-in-one PCs from HP and Dell™, and the continued success of the Apple iPhone™. However, experts agree the touch screen PC market is still in its infancy. According to research firm iSuppli, the global market for touch screens is expected to reach $6.4 billion by 2013, up from $3.4 billion in 2008. Highlights from an eventful year in touch screen technology include:
| | - Consumer demand at an all-time high - Apple® sold nearly four million iPhones in its latest fiscal quarter, according to the company's financial statements, bringing total sales of the popular touch phone to more than 21 million. Once considered a technology for ATM machines, POS terminals and ticketing stations only, touch-enabled applications are becoming more common with many major manufacturers and Independent Software Vendors (ISVs) adopting the technology,.
- Hardware and software innovation - Research in Motion, Samsung, Sprint Nextel and T-Mobile® all jumped into the touch screen market in 2008. Microsoft, on the back of its surface computing initiative, announced Windows 7, its next generation operating system, will be multi-touch-enabled. This announcement has stimulated ISVs to develop innovative, touch-driven applications.
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Market and Technology Leadership
Invigorated by growth in the touch screen hardware and software touch markets, NextWindow focused on customer success, technology innovation and manufacturing expansion. In the past year, NextWindow extended relationships with HP and Dell, and enhanced its desktop and Pro-AV touch products. In January, 2009, NextWindow introduced TruRange®, a proprietary technology that introduces multi-touch functionality to new applications. In addition, NextWindow opened new offices in California, Taiwan and expanded manufacturing facilities in Southeast and North Asia. On the corporate front, NextWindow added Andy Stevens to the management team as Vice President of Product Development. Mr. Stevens previously was CTO at Sanmina-SCI.
"The global market for touch screen PCs is vibrant as hardware and software developers come to see touch as a requirement rather than an option in new products," said Al Monro, CEO at NextWindow. "NextWindow has been a contributor to these rapid and seismic changes in the touch industry. We have capitalized by forging strong relationships with PC and monitor manufacturers and continuing our commitment to optical touch innovation. NextWindow is excited to be at the forefront of the touch revolution."
About NextWindow
NextWindow is a leader in touch-screen technology and a major manufacturer of optical multi-touch displays for OEMs, ODMs and resellers. With highly accurate, cost-effective solutions designed for personal and business use, NextWindow provides the hardware necessary to bring touch-screen technology to life--giving software designers the freedom to create exciting and intuitive applications. NextWindow is also the creator of TruRange® technology, a proprietary solution that provides users with real-time multi-touch capabilities used in gaming and entertainment programs. Founded in 2000, NextWindow is privately held with offices in New Zealand, Taiwan and California, with manufacturing facilities throughout Asia. More information about NextWindow is available at www.nextwindow.com.
Company contact:
David Villarina
NextWindow
+1 (925) 272-4530
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