Data I/O Announces Fireside Chat Hosted by Equity Research Analyst Dave Marsh of Singular Research
March 27 2024 - 9:00AM
Business Wire
Topic: Onshoring/Near Shoring Trends &
China-Plus 1
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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240327368801/en/
Data I/O Corporation Jennifer Higgins Director Corporate
Marketing 425-867-6922 higginj@dataio.com
Investor Relations Darrow Associates, Inc. Jordan Darrow
512-551-9296 jdarrow@darrowir.com
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