Redmond, WA, March 27, 2024 – Data I/O Corporation (NASDAQ: DAIO), the leading global provider of advanced security and data deployment solutions for microcontrollers, security ICs and memory devices, today announced the availability of the fifth installment of its 2023/2024 fireside chat series of interviews with its President and CEO, Anthony Ambrose. Mr. Ambrose was interviewed by guest host Dave Marsh, Equity Research Analyst at Singular Research, with the discussion focusing on Onshoring/Near Shoring Trends & China-Plus 1.
The interview is being streamed for public viewing over the Internet and can be accessed via the Webcasts and Presentations section of the Data I/O Corporation website at www.dataio.com and on all the Company’s social media feeds. The websites and online platforms of each fireside chat series event hosts may carry the interviews on the respective publication date.
During the interview made available today, Mr. Ambrose discusses:
- Data I/O’s dominance as a programming innovator for more than 50 years; sales/support in 40 countries and customers in 80 countries; exporting 85-90% of sales for decades
- The only programming company that has the ability to manufacture systems in multiple locations
- Impact of China-Plus 1 strategy for the China and global markets
- How the company’s resilient supply chain provides operational and financial flexibility
- Leadership in the global Automotive Electronics market, with a significant presence in China which is the largest consumer/producer of automobiles in the world
- Leveraging China presence as a springboard into the rest of Asia; tapping manufacturing customers as they move into other global regions
- India’s goal for achieving a top 5 global share of semiconductor fabrication in 5 years
- Emerging catalysts: regulatory reform on a domestic and international level; globalization by corporate expansion
- The world steadily becoming more reliant on security; SentriX® growing as a provider of security for customer IP and supply chains protection
Guest Host: Dave Marsh, Equity Research Analyst, Singular Research
David Marsh, CFA is an accomplished corporate finance and capital markets professional with over 20 years of financial analysis experience. Mr. Marsh primarily writes research on industrial technology companies for Singular Research, an independent research firm that offers equity research services to institutional investors.
Data I/O 2023/2024 Fireside Chat Series Schedule:
The series will include interviews from October 2023 through April 2024. In order of anticipated production and initial release, interviews will be made available by Data I/O and the respective session host as detailed below:
Sustainability Strategies for the Auto Industry
Guest Host: Lucas Doub of ZMH Advisors
Automotive Technology Advancements & Monetization Impact
Guest Host: Kevin Garrigan of WestPark Capital**
AI Programming Security Requirements – with Special Guest Data I/O CTO Rajeev Gulati
Guest Host: Vishal Mishra of Bard Associates*
Semiconductor Programming Growth Opportunities
Guest Host: David Williams of The Benchmark Company
Onshoring/Near Shoring Trends & China-Plus 1
Guest Host: Dave Marsh of Singular Research**
Smart Factory Industrial Applications
Guest Host: Avi Fisher of Long Cast Advisors*
*Owns shares of Data I/O Corp. as of the date of this press release.
**Equity research analyst with coverage of Data I/O Corp. as of the date of this press release.
Data I/O is pleased to have guest hosts who are respected investment community professionals, financial newsletter writers/influencers and business consultants on important and timely topics relating to the Company, its platform technologies, and the global business environment.
About Data I/O Corporation
Since 1972, Data I/O has developed innovative solutions to enable the design and manufacture of electronic products for automotive, Internet-of-Things, medical, wireless, consumer electronics, industrial controls, and other electronics devices. Today, our customers use Data I/O’s data programming solutions and security deployment platform to secure the global electronics supply chain and protect IoT device intellectual property from point of inception to deployment in the field. OEMs of any size can program and securely provision devices from early samples all the way to high volume production prior to shipping semiconductor devices to a manufacturing line. Data I/O enables customers to reliably, securely, and cost-effectively bring innovative new products to life. These solutions are backed by a portfolio of patents and a global network of Data I/O support and service professionals, ensuring success for our customers. Learn more at dataio.com/Company/Patents.
Forward Looking Statement & Disclaimers
Statements in this news release concerning economic outlook, expected revenue, expected margins, expected savings, expected results, expected expenses, orders, deliveries, backlog and financial positions, semiconductor chip availability, supply chain expectations, as well as any other statement that may be construed as a prediction of future performance or events are forward-looking statements which involve known and unknown risks, uncertainties and other factors which may cause actual results to differ materially from those expressed or implied by such statements.
Forward-looking statement disclaimers also apply to the demand for the Company’s products and the impact from geopolitical conditions including any related international trade restrictions. These factors include uncertainties as to the ability to record revenues based upon the timing of product deliveries, shipping availability, installations and acceptance, accrual of expenses, coronavirus related business interruptions, changes in economic conditions, part shortages and other risks including those described in the Company’s filings on Forms 10-K and 10-Q with the Securities and Exchange Commission (SEC), press releases and other communications.
Participation in the Data I/O Fireside Chat Series is voluntary, and no compensation is provided to guest hosts. Reference made to guest hosts, including equity research analysts and investors, in connection with this announcement and related interviews or any opinions, estimates or forecasts regarding Data I/O’s performance made by them are theirs alone and do not represent opinions, forecasts or predictions of Data I/O or its management. Data I/O does not by its reference above or distribution of marketing content in connection with the Fireside Chat Series imply its endorsement of or concurrence with such information, conclusions, or recommendations by the guest hosts.
Contacts:
Data I/O Corporation
Jennifer Higgins
Director Corporate Marketing
425-867-6922
[email protected]
Investor Relations
Darrow Associates, Inc.
Jordan Darrow
512-551-9296
[email protected]