UniPixel Senior Secured Convertible Notes Paid in Full

UNXL), today announced that the senior secured convertible notes issued to two investors in 2015 have been paid in full and retired. With this repayment, the Company no longer has any outstanding debt securities.

Jeff Hawthorne, president and chief executive officer of UniPixel, said, "We are pleased that the terms of the convertible notes have been met and that the Company now has greater financial flexibility going forward. The Note financed the acquisition of the Atmel sensor technology, which integrated with the UniPixel manufacturing know-how and material science expertise, resulted in a high-performance, cost effective product - XTouch™. The combination of the XTouch superior metal mesh technology and Diamond Guard™ hard coat has yielded touch sensors that enable production of computing devices that are faster, thinner and lighter and that address the evolving needs of the market. We are building our book of business with existing opportunities and are excited about those opportunities ahead in the coming years as we expand into new markets beyond tablets and notebooks including automotive and industrial."