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New deal for Kodak
Rochester, N.Y. Kodak has developed a better, and less expensive, way to make the screens that let us control technology with the touch of a finger.
The product will be made here in Rochester and an Asian company wants to buy as many as possible.
Kodak is no stranger to touch screen, Easyshare Cameras incorporated the technology to allow consumers to store and select from 1,500 photographs.
Now it is partnering with Kingsbury Corporation to manufacture and improved version of the sensors.
CEO of Kingsbury Corporation, Bill Pollock, says 90% of touch screens use a metal oxide that is difficult to work with and difficult to get because its mined only in China.
The Kodak Technology uses nearly invisible lines of silver to create a mesh that can be used even on flexible surfaces.
An Asian company, J Touch, inked a deal to purchase 100% of the conductible film made here.
Theyre one of the three largest manufacturers of touch sensors, says Pollock. So once theyve tested and tested and evaluated it that means other people will be more interested in it.
As Kodak supplier, Kingsburys parent company settled for less than what it was owed when Kodak went bankrupt. Yet it didnt hesitate to partner with the new Kodak.
If you go around the rest of the world and see the Kodak name, its still the great technology company, says Pollock. The fact that they had financial problems, you have to separate that from the technology.
The touch screen industry is a 32 Billion dollar industry. This joint venture also makes the machines that make the sensor film.
50 people will be employed this summer and as the touch screen industry grows, they will add more production lines and up to 200 jobs.