UniPixel, a provider of touch solutions to the touchscreen and flexible electronics markets, closed a $2.5 million accounts receivables credit facility with Bridge Bank.

Christine Russell, CFO of UniPixel, said, “Executing this line of credit with Bridge Bank provides a valuable working capital management tool for UniPixel as we look to grow our business and increase production. We are particularly pleased that the line allows for financing of a large portion of our accounts receivable, including foreign accounts. We are pleased to partner with Bridge Bank and we look forward to working with their team as a trusted partner in the years to come.”

“UniPixel has the right technology at the right time for the touch screen and flexible electronics markets. With all of the innovation going on in the mobile and handheld space, UniPixel is a company to watch. We are thrilled to be working with the UniPixel team and supporting their working capital needs as the company’s business grows,” said Kelly Cook, SVP, Bridge Bank Technology Banking.

To this date, UniPixel has been awarded a total of 28 programs from leading computer manufacturers to provide highly-responsive touchscreen sensors and hardcoat glass replacement material to support touch and/or stylus writing capabilities in tablets, notebooks and two-in-one laptops.