GlobeNewswire

Favored Tech Previews Groundbreaking Electronic Coating Tech at CES19

Share

Patented Technology Makes Cell Phones Virtually Water Proof, Offers Comprehensive Protective Nano Coating for the Latest Electronic Devices

LAS VEGAS, Jan. 07, 2019 (GLOBE NEWSWIRE) -- Favored Tech, a leading provider for the next generation of multi-functional Nano Protection technology for an ever-growing world of electronic devices, today previewed its revolutionary coating technology at CES19. The solution is designed to provide top to bottom, inside out protection for electronic devices including consumer electronics, automotive, drones, surveillance cameras, Internet of Things, Industrial, computers/laptops and more. Favored Tech will be exhibiting at CES in Las Vegas, NV, at Booth No. 43774, Jan. 8 - 11, at the Sands Expo and Convention Center.

“CES is showcasing the most advanced electronic devices in the world and yet, electronic manufacturers are still facing the challenges to protect their products from various environmental factors in terms of effectiveness and cost,” said James Zong, Founder, CEO and President, Favored Tech. “Our coating solution offers a revolutionary approach to coat all functional parts of electronics devices such as charging ports, cameras, earpiece mesh, USB connectors, preassembled devices and the entire devices and at a significantly lower TCO.”

Favored Tech’s solution leverages patented plasma-enhanced chemical vapor deposition chemistry to provide a unique and simple coating solution like no other on the market today. It renders cell phones virtually water proof by organically combining chemical vapor deposition technology with low-temperature plasma technology. The solution is accomplished at just 40-deg C with no environmental impact or associated costs.

Benefits of this pioneering technology include:

  • Highly scalable and flexible. With the same coating machine, it can coat the device inside out, top to bottom, including the motherboard, USB, FPC/Board/Male plug, earpiece mesh, preassembled or entire device.
  • Tailored for different levels and types of protection from water, corrosion, sweat, mold, humidity, and more.
  • Covers all levels of coating protection including water protection from IPX2 – IPX8.
  • Programmable solution offers the highest performance and fastest turnaround on the market today. Rapid coating cycles of just 1-2 hours.
  • Solution has a negligible impact on conductivity, heat dissipation and signal transmission. No expensive masking or demasking required.
  • Negligible environment impact or associated cost. 

The Company designs and manufactures all the equipment needed to coat electronic devices or electronic parts. Favored Tech’s patented technology is designed for mass production and the solution is inherently flexible with no need for expensive integration. It can be easily modeled to suit individual electronic company’s processes and manufacturing needs. Solutions range from seamlessly fitting into various manufacturing flows to fully standalone solutions. In addition, Favored Tech creates an offsite solution managed in the labs of Favored Tech. Currently, more than 5 million units globally are coated daily based on Favored Tech’s solution.

About Favored Tech
Founded in Wuxi, China in 2016 and launched in the United States at CES19, Favored Tech delivers the industry’s most advanced level of coating solution for water protection (IPX2-IPX8), humidity protection, anti-corrosion, liquid replant, mold and sweat protection with negligible impact on conductivity, heat dissipation, signal transmission. The Company has more than 40 patents issued and is the recipient of Huawei Award’s Y2018 Excellent Quality Apparatus and Equipment Supplier. The Company is headquartered in Wuxi, China with offices in Shenzhen, China and San Jose, California. www.favoredtech.com.

Contact: Phyllis Guo
+ 1 408 203 4105
media@favoredtech.com

About GlobeNewswire

GlobeNewswire
GlobeNewswire
One Liberty Plaza - 165 Broadway
NY 10006 New York

https://globenewswire.com

GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Subscribe to releases from GlobeNewswire

Subscribe to all the latest releases from GlobeNewswire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from GlobeNewswire

Standard & Poor’s has affirmed Arion Bank’s long term credit rating BBB+ but revised the outlook from stable to negative23.7.2019 20:32:00 CESTPress release

Standard & Poor’s has affirmed Arion Bank’s long term credit rating BBB+ but revised the outlook from stable to negative. The Bank’s short term credit rating remains A-2. Main comments from Standard & Poor’s: The affirmation of the bank’s ratings reflects that Arion Bank maintains a solid market position in Iceland, with relatively advanced digitalized banking platforms while its exceptional capitalization counterbalances it’s geographic and loan book concentrations. Standard & Poor’s see Arion Bank as being well ahead of many other European banks in its preparation for technological disruption In a fiercely competitive environment, no longer supported by a strong economy, Icelandic banks' business prospects and earnings have become weaker. Furthermore, the role of pension funds in lending distorts Icelandic banks' competitive environment in terms of business generation and margins. Therefore it is seen as a negative trend for industry risk. Overall, economic risks for Icelandic banks

All Regulatory Clearances for Saxo Bank and BinckBank obtained to close the Offer23.7.2019 18:20:00 CESTPress release

This is a joint press release by BinckBank N.V. (BinckBank), Star Bidco B.V. (the Offeror) and Saxo Bank A/S (Saxo Bank, pursuant to Section 4, paragraph 3 of the Dutch decree on public takeover bids (Besluit openbare biedingen Wft) in connection with the recommended public offer by the Offeror for all the issued and outstanding ordinary and priority shares in the capital of BinckBank (the Offer). This announcement does not constitute an offer, or any solicitation of any offer, to buy or subscribe for any securities. Any offer will be made only by means of the Offer Memorandum dated 12 March 2019 (the Offer Memorandum). This announcement is not for release, publication or distribution, in whole or in part, in or into, directly or indirectly, the United States or Canada or in any other jurisdiction in which such release, publication or distribution would be unlawful. Terms not defined in this press release will have the meaning as set forth in the Offer Memorandum. All Regulatory Cleara

Golar LNG Partners LP Cash Distributions23.7.2019 18:13:00 CESTPress release

Golar LNG Partners LP (“the Partnership”) (NASDAQ: GMLP) announced today that its board of directors has approved a quarterly cash distribution with respect to the quarter ended June 30, 2019 of $0.4042 per common and general partner unit. This cash distribution will be paid on August 14, 2019 to all common and general partner unitholders of record as of the close of business on August 7, 2019. A cash distribution of $0.546875 per Series A preferred unit (NASDAQ: GMLPP) for the period from May 15, 2019 through August 14, 2019 has also been declared. This will be payable on August 15, 2019 to all Series A preferred unitholders of record as at August 8, 2019. Golar LNG Partners LP Hamilton, Bermuda July 23, 2019 This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act

ASM INTERNATIONAL N.V. REPORTS SECOND QUARTER 2019 RESULTS23.7.2019 18:00:00 CESTPress release

Almere, The Netherlands July 23, 2019, 6 p.m. CET ASM INTERNATIONAL N.V. REPORTS SECOND QUARTER 2019 RESULTS ASM International N.V. (Euronext Amsterdam: ASM) today reports its second quarter 2019 operating results (unaudited) in accordance with IFRS. FINANCIAL HIGHLIGHTS EUR million Q2 2018 Q1 2019 Q2 2019 New orders 175.9 235.0 373.1 Net sales 208.7 248.8 363.3 Gross profit margin % 42.1 % 41.3 % 59.0 % Operating result 38.3 47.0 150.2 Result from investments (excluding amortization intangible assets resulting from the sale of ASMPT stake in 2013) 21.6 3.1 2.0 Amortization intangible assets (resulting from the sale of ASMPT stake in 2013) (3.0 ) (3.4 ) (3.4 ) Net earnings 59.4 49.4 121.6 Normalized net earnings (excluding amortization intangible assets resulting from the sale of ASMPT stake in 2013 and result from sale of ASMPT shares) 62.4 52.8 125.0 • New orders were €373 million. Excluding €103 million related to the patent litigation settlement new orders were €270 million. • Net