Jan 18 Uni-pixel Inc :
* Uni-Pixel Inc- GIS shall make a $6 million cash investment within a month of execution of definitive agreement to general interface solution limited
* Uni-Pixel- GIS shall also pay royalty to co's unit equal to 20% of sensor manufacturing cost for sensors to be incorporated into touch module products
* GIS shall also pay a royalty to co's unit equal to 30% of sensor sales prices for sensors separately sold to third parties
* Uni-Pixel - co's unit shall also lease to GIS a manufacturing pilot line / limited production line based in co's unit's colorado springs facility
* Uni-Pixel - co's unit shall be obligated to purchase from GIS a minimum of 1 million, 1.5 million and 2 million Xtouch sensors in 2017, 2018, 2019 respectively Source text (bit.ly/2jnlCpj) Further company coverage:
http://www.reuters.com/article/idUSFWN1F80KA
