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Interlink Electronics Voluntarily Suspends SEC Reporting, Remains on Pink Sheets

Tue. March 31, 2009; Posted: 01:00 PM
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CAMARILLO, Calif., Mar 31, 2009 (BUSINESS WIRE) -- LINK | Quote | Chart | News | PowerRating -- Interlink Electronics, Inc. (Pink Sheets:LINK), a worldwide provider of intuitive interface components and solutions, announced effective March 30, 2009 it has voluntarily suspended filing reports under Sections 13(a) and 15(d) of the Securities Exchange Act of 1934, as amended, including reports on Forms 10-K, 10-Q and 8-K. Interlink has also withdrawn its recent registration statement on Form S-1 and has filed post-effective amendments to its other effective registration statements to deregister all remaining unsold and unissued securities thereunder. Going forward, Interlink intends to disclose certain financial information via press release and through the Pink Sheets OTC disclosure system and expects that trading of its common stock will continue on the Pink Sheets at OTC: LINK.PK.

"The cost of maintaining our reporting status through the SEC, coupled with the limited number of shareholders we have, guided us to take this action", stated Kevin Wiley, Interlinks Chief Executive Officer. "We recognize the importance of financial information to our shareholders and the investor community and we plan to disclose certain financial information through press releases and the Pink Sheets disclosure system."

Interlink plans to issue a press release announcing the completion of its 2008 audited financial statements within the next two weeks.

About Interlink Electronics, Inc. - Interlink Electronics, Inc. (OTC: LINK.PK), is a worldwide provider of intuitive interface components and solutions. Setting tomorrow's standards for electronic signature, e-notarization products and interface components for consumer electronics, Interlink has established itself as one of the world's leading innovators of intuitive interface design. Interlink Electronics, Inc. serves a world-class customer-base from its corporate headquarters in Camarillo, California and offices in Japan, Hong Kong and China. For more information, see http://www.interlinkelectronics.com.

This release contains forward-looking statements that involve a number of risks and uncertainties. The following are among the factors that could cause actual results to differ materially from the forward-looking statements: historical losses and negative cash flow, the success of business divestitures and acquisitions, the expense of being a public company, the ownership of the majority of our stock by a small group of investors, our success in predicting new markets and the acceptance of our new products, efficient management of our infrastructure, the pace of technological developments and industry standards evolution and their effect on our target product and market choices, the effect of outsourcing technology development, changes in the ordering patterns of our customers, a decrease in the quality and/or reliability of our products, protection of our proprietary intellectual property, competition by alternative sophisticated as well as generic products, pending litigation against Interlink, historical weaknesses in internal controls over financial accounting, the continued availability at competitive prices of raw materials for our products, disruptions in our manufacturing facilities, risks of international sales and operations including fluctuations in exchange rates, compliance with regulatory requirements applicable to our manufacturing operations, and customer concentrations The forward-looking statements contained in this document regarding Interlink's financial results, industry and revenue trends, and future business activities should be considered in light of these factors.

SOURCE: Interlink Electronics, Inc.

Interlink Electronics, Inc. 
Charles Best, 805-484-8855 ext. 151 
cbest@interlinkelectronics.com
For full details for LINK click here.

    


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