NANJING, CHINA, Sept. 30, 2022 (GLOBE NEWSWIRE) — Ostin Technology Group Co., Ltd. (the “Company”) (Nasdaq: OST), a Chinese display module and polarizer supplier, recently announced its first smart Viewing and Photo Sharing Products Pintura PinTab Series IX (“Pintura”).
Pintura is a product based on Artificial Intelligence of Things (AIoT) technology, which is independently designed and developed by our company from July 2021. The Pintura product consists of multiple display terminals and one wireless power board, and is equipped with a mobile application (“Mobile App”). Through computer portal or mobile APP control, Pintura enables wireless content transmission. You can move and rotate the display terminal to synthesize different display configurations. As a result, Pintura can be used for home wall decoration, community event wall display, advertising, event planning, corporate culture wall display, and other scenarios. We believe that Pintura saves more space, displays more content, and has the shortcomings of traditional display products, such as easy aging, not environmentally friendly, and difficult to replace content, shape, and style. can be avoided. It also has a longer service life compared to traditional display products, one-click photo upload capability, and a 360° presentation that enhances product interactivity, design, and overall utility.
Lin Tao, CEO of the company, said: Using a new display concept, Pintura enhances the capabilities of small displays and creates new social tools that enable viewing, communicating and sending interactive content such as messages and images, enabling active social activities. To do. Design solution providers, community organizations, factories and other retail customers. Our strong R&D capabilities enable us to quickly respond to market demand for small display/photo sharing products in a relatively short period of time and develop interactive Internet-based products. We have been in contact with potential customers through initial market research and will be taking orders from them. He will launch his Pintura products in China in the fourth quarter of 2022 and in the US market in the first quarter of 2023. ”
About Austin Technology Group
Founded in 2010, the company is a display module and polarizer supplier in China. The Company designs, develops and manufactures TFT-LCD display modules in a wide range of sizes and customized sizes. They are mainly used in consumer electronics, outdoor LCD displays, and automotive displays. The Company also manufactures polarizers used in TFT-LCD display modules.
For more information, please visit http://www.austinelec.com/.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statement of historical fact. Our company “may”, “will”, “intend”, “should”, “believe”, “expect”, “expect”, “predict”, “estimate”, etc. or similar expressions that do not relate solely to historical facts, the issue is that you are making forward-looking statements. Forward-looking statements are not guarantees of future performance and are subject to risks and uncertainties that could cause actual results to differ materially from our expectations set forth in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to: Company goals and strategies. our future business development; Demand for Pintura’s smart displays and market acceptance. The likelihood of receiving Pintura’s customer orders and the anticipated timing of Pintura’s marketing and sales. changes in technology; risks and uncertainties regarding the lingering impact of the Covid-19 pandemic on our business, including supply chain disruptions; Our ability to attract and retain skilled professionals. client concentration; general economic conditions affecting our industry and assumptions underlying or relating to the foregoing and other risks contained in our reports filed with the SEC; For these reasons, among other things, investors are cautioned not to place undue reliance on the forward-looking statements in this press release. Other factors are described in the company’s filing with the SEC, which can be viewed at www.sec.gov. We undertake no obligation to publicly revise these forward-looking statements to reflect events or circumstances occurring after the date hereof.
For more information, please contact:
Austin Technology Group, Inc.
ir@austinelec.com
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