UniPixel Appoints Christine A. Russell as CFO

THE WOODLANDS, TX--(Marketwired - May 28, 2015) -  UniPixel, Inc. (NASDAQ: UNXL), a provider of Performance Engineered Films™ to the touch screen, flexible printed electronics and display markets, has appointed Christine A. Russell as chief financial officer, succeeding Jeff Tomz who will continue in the role of director of finance for the next 30 days to assist with the transition.

Russell brings to the position more than 30 years of CFO and senior management experience for private and publicly traded technology companies. Over the course of her career, she has completed a number of IPOs, as well as both the buy and sell side of M&A transactions.

"We welcome Christine's strong management skills and extensive experience, particularly in serving as a CFO for highly successful high-tech public companies with international operations," said UniPixel's president and CEO, Jeff Hawthorne. "Her background and capabilities are well-suited to the many global opportunities we're pursuing with our touch sensors and hard coat films, and helping major OEMs achieve the cost and functional advantages offered by our unique technologies.

Commented Russell: "I am excited to join UniPixel during this pivotal stage of its development, particularly following the recent acquisition of the XSense touch technology that brings with it commercial volume shipments for a Tier 1 US based PC OEM customer and a pipeline of products for other Tier 1 PC OEMs in the U.S. and Asia. My experience as a CFO of successful technology companies leads me to believe that UniPixel now has the elements in place to achieve a revenue ramp targeting profitability in 2016."

Russell previously served as CFO of Vendavo, a provider of B2B price optimization software solutions, where she helped grow revenue 20% year-over-year and generate a record bookings quarter before helping lead the company's sale to a private equity firm earlier this year. Prior to Vendavo, Russell served as CFO of EAG, with 700 employees and 22 labs worldwide delivering analytical and testing services to semiconductor, LED, biotech, chemical and other technology firms. She led the financial aspect of the team that executed the acquisition of seven labs to expand the business.