Redmond, WA, Thursday, May 5, 2016 – Data I/O Corporation (NASDAQ: DAIO), the leading global provider of advanced programming and IP management solutions for flash, flash-memory based intelligent devices and microcontrollers, today announced that Anthony Ambrose, the Company’s President and CEO, will present at the B. Riley & Co. 17th Annual Investor Conference at 3 p.m. (PT) on Thursday, May 26, 2016 and will conduct one-on-one meetings that day.
Mr. Ambrose will be discussing the Company’s strategy of further penetrating the market for programmable devices used for automotive electronics and Internet-of Things applications. Automotive electronics has been a primary growth driver for Data I/O Corporation, which contributed to the Company’s bookings in the first quarter ended March 31 reaching the highest level in 5 years.
On May 26 the investor presentation will be available on the investor relations section of the Data I/O Corporation website at http://www.dataio.com/Company/Investor-Relations/Data-I-O-Profile. The conference will be held May 25-26, 2016 at Loews Hollywood Hotel located at 1755 N. Highland Avenue in Los Angeles, CA. For more information, please contact your B. Riley representative or email [email protected]
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, wireless, consumer electronics, industrial controls, medical, and military/aerospace markets. Today, our customers manufacture tens of millions of products each year using Data I/O programming solutions to reliably, securely, and cost-effectively deliver their intellectual property into programmable devices. Data I/O provides programming solutions for devices in any package, whether programmed in a socket or on a circuit board. Our expertise in programmable integrated circuits, global supply chain processes, and IP management and protection helps bring innovative new products to life. These solutions are backed by a global network of Data I/O support and service providers, assuring success for our customers.
Forward Looking Statements
Statements in this news release concerning economic outlook, expected revenue, expected margins, expected savings, expected results, orders, deliveries, backlog and financial positions, 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. These factors include uncertainties as to the ability to record revenues based upon the timing of product deliveries, installations and acceptance, accrual of expenses, changes in economic conditions and other risks including those described in the Company's filings on Forms 10K and 10Q with the Securities and Exchange Commission (SEC), press releases and other communications.