AIS GLOBAL AND HAPTX EXTEND PARTNERSHIP

AIS GLOBAL AND HAPTX EXTEND PARTNERSHIP

AIS GLOBAL AND HAPTX EXTEND PARTNERSHIP, BRING HAPTX GLOVES EXCLUSIVELY TO AISG’S PORTFOLIO OF HUMAN-MACHINE EXPERIENCE SOLUTIONS

November 14, 2024

AIS Global (“AISG”) and HaptX Inc. (“HaptX”) today announced an extension of their partnership which brings the HaptX Gloves product line exclusively to AISG.

In this new arrangement HaptX grants to AISG an exclusive worldwide license to manufacture, distribute, and sell HaptX Gloves G1 including Gloves, Airpacks, and other HaptX accessories. As part of the arrangement key HaptX staff, including HaptX founder Jake Rubin, will join AISG to support the continued development and commercialization of G1.

“We’re thrilled to bring HaptX Gloves into the AISG product portfolio. This next step in our relationship with the HaptX team aligns perfectly with our aim to become the world’s leading provider of innovative, high-value human-machine experience solutions,” said Joe Baddeley, Chief Executive Officer at AISG. “Our longstanding relationship with HaptX and decades of experience serving world-class industrial, medical, gaming, and aerospace organizations will make the transition seamless to HaptX customers.”

“For more than 10 years, HaptX has been at the forefront of the haptics industry,” said Jake Rubin, President of the HaptX Product Line at AISG. “This agreement with AIS positions us to best realize the commercial value and positive societal impact of our unique technology.”

Effective immediately, HaptX customers will work with AIS to place new orders for HaptX Gloves G1 and receive product support.

“HaptX has built deep relationships with world-class customers and developed an incredible pipeline of companies interested in acquiring our products,” said Joe Michaels, Senior Global Vice President of Sales and Marketing of the HaptX Product Line at AISG. “This deal sets up HaptX and our customers for long-term success.”

About Advanced Input Systems Global

AIS Global (“AISG”) is the leading global designer and manufacturer of innovative human-machine interface (“HMI”) solutions for original equipment manufacturers worldwide. Headquartered in Coeur d’Alene, Idaho, AISG offers a diverse range of sensing and control products, including buttons, keypads, touch displays, on-glass controls, infection control keyboards, virtual reality wearables / immersive products, as well as custom HMI solutions. AISG serves an international base of original equipment manufacturers in the medical, commercial, industrial on/off road vehicles, aerospace and gaming markets with a footprint of eight facilities located across the United States, United Kingdom, India, Taiwan and China. For more information, please visit advancedinput.com.

About HaptX

HaptX builds technology that simulates touch with unprecedented realism, enabling precise haptic interaction for more effective workforce training. Enterprise, industrial, healthcare, and government teams around the world have enjoyed successful results using HaptX Gloves in virtual reality and robotics applications. The new HaptX Gloves G1 delivers unmatched, industrial-grade performance, industry-leading haptic feedback, and wireless mobility, designed for large-scale deployment. For more information, please visit haptx.com.