Immersion Partners with ELAN to Provide Haptic Touchpads

Immersion Corporation (NASDAQ: IMMR), a leading developer and provider of technologies for haptics, today announced that it has signed a license agreement with ELAN Microelectronics Corporation, a leading human-machine interface solution provider, to make Immersion haptic patent licenses available to PC laptop OEMs through ELAN’s best-in-class Smart-Haptic Pad Technology.

"With a haptics API now integrated into Windows 11, advanced haptics technology is critical for PC laptop OEMs to differentiate their devices by making them thinner and providing a more compelling user experience (UX),” said Francis Jose, CEO and General Counsel. “We are pleased to establish a partnership with ELAN,” added Mr. Jose. “As the adoption of haptics increases in PC touchpads, this partnership is an essential component of our strategy to meeting that demand, ensuring OEMs have easy access to our haptic technology and IP.”

“ELAN’s cooperation with Immersion on its touch feedback technology patents for our haptic solution looks to leverage Immersion’s strength and meet the emerging demands of customers worldwide. With ELAN’s solid foundation built upon the achievements and successes in human interfaces and Immersion’s pioneering innovator of haptics technology, we are confident our collaboration will bring the human interfaces technology to the next level,” said Joe Yeh, EVP at ELAN.

Second Quarter 2022 Results

Immersion will report financial results for the second quarter of 2022 on Monday, August 15, 2022, after market close.

About Immersion

Immersion Corporation (NASDAQ: IMMR) is a leading innovator of touch feedback technology, also known as haptics. The company invents, accelerates, and scales haptic experiences by providing technology solutions for mobile, automotive, gaming, and consumer electronics. Haptic technology creates immersive and realistic experiences that enhance digital interactions by engaging users' sense of touch. Learn more at www.immersion.com.

About ELAN

ELAN Microelectronics Corporation is the leader in integrated solution provider specializing in Human Interfaces, such as Display Touchscreen Controller with Pen Support, Touchpad Module, Pointing Stick and Biometrics Authentication.

Striving to achieve and deliver the highest level of innovation and quality, ELAN has successfully achieved a substantial growth and expansion since its inception in May 1994.

ELAN has reached US$655 billion revenue in 2021, building on its cutting-edge solution on Human Interfaces and Biometric Authentication. In the future, ELAN will continue its dedication in research and development to establish its leading-edge technology. ELAN is devoted to serve its worldwide customers and inspire the industry with continuous innovation and success.