Redmond, WA, May 13, 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 sixth and final installment of its 2023/2024 fireside chat series of interviews with its President and CEO, Anthony Ambrose. Mr. Ambrose was interviewed by guest host Avi Fisher of Long Cast Advisors*, focusing on Smart Factory Industrial Applications.
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 host may carry the interview on the respective publication date.
During the interview made available today, Mr. Ambrose discussed:
- Data I/O’s presence in the Industrial Automation market, which is the Company’s largest vertical after Automotive Electronics
- Programming process provides critical data that is becoming an integral part of the modern-day smart factory
- Smart factory drives global cost-competitive advantages
- Growth in factory operators requiring real-time capabilities, such as analytics, predictive maintenance, yield enhancements, and time-to-market acceleration, drives demand for smart factory solutions
- ConneX Software enables real-time two-way communication between a PSV system and factory MES for seamless integration
- Edge AI implementations stimulating demand and technology developments
- Complex engineering simplified for secure programming with SentriX
Guest Host: Avi Fisher, Portfolio Manager, Long Cast Advisors
Avram ("Avi") Fisher is Portfolio Manager, "Chief Curiosity Officer" and Principal of Long Cast Advisers, LLC, an RIA that makes concentrated investments in well-researched small-cap securities. He is a former reporter and private investigator with over a dozen years of experience as an institutional equity analyst at BMO Capital Markets and CSFB. Additional information is available at www.longcastadvisers.com.
Data I/O 2023/2024 Fireside Chat Series Schedule:
The series included interviews from October 2023 through May 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*
*Owned shares of Data I/O Corp. as of the commencement of this series.
**Equity research analyst with coverage of Data I/O Corp. as of the commencement of this series.
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 electronic 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 inception to deployment in the field. OEMs of any size can program and securely provision devices from early samples to high-volume production before 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]