IMMERSION TECHNOLOGY (IMMR)

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IMMERSION TECHNOLOGIES

Company Website:

http://www.immersion.com

Corporate Profile

Adding the sense of touch to a digital world
Immersion is revolutionizing the way you interact with digital devices. Typically, you use two senses when interacting with technology – sight and hearing. Immersion's TouchSense® technology engages a third sense – touch – to give you a more complete, intuitive experience. Instantly, cell phones become more useful, games become more electrifying, automobile dashboards become more intuitive, and medical simulators become more valuable training tools. These are just a few of the possibilities using Immersion TouchSense technology.

Since our beginning in 1993, Immersion Corporation has obtained more than 210 patents in tactile feedback technology – also known as haptics, the science of touch. And we have more than 220 patent applications pending worldwide. At first, this technology was very expensive and was used mainly in specialized applications. Immersion's leadership in tactile feedback development is bringing haptics out of the research lab and into the mainstream market, enhancing peoples' lives and lifestyles. If you'd like to learn more about the markets that we serve, please visit our solutions section.


Background


Founded in 1993, Immersion became a publicly traded company on November 12, 1999. Today, Immersion is the market leader in the field of haptics-the science of touch. Intellectual property (IP), represented by the company's strong patent portfolio, is the foundation for the business model. Immersion creates tactile feedback technology that its licensing partners, which come from a variety of industries, can integrate into their products to gain market adoption. Our industry partners include Logitech, Electronic Arts, Medtronic, BMW, Siemens VDO, ALPS Electric, Dassault Systemes, and Boeing. Review our timeline below and notice how we have remained focused on enhancing the human-machine interface through the sense of touch.

IMMERSION TIMELINE

1993
Immersion founded

1995
MicroScribe introduced

1996
First licensed PC force feedback (FF) joysticks launch

1997
Immersion and Microsoft develop DirectX FF API

1998
Immersion Medical launches CathSim

1999
PC Gaming: 100 FF titles, 24 licensed FF peripherals
Immersion Medical launches first Endoscopy simulator

2000
Launch of iFeel touch enabled mouse
Immersion acquires HT Medical
Immersion acquires Virtual Technologies, Inc.

2001
Logitech launches FF wheel for PS2 with Gran Turismo 3

2002
BMW 7-series launches with iDrive
Nintendo GameCube FF wheel announced

2003
Immersion and Apple develop FF API for Mac OS X
Video Console, PC, & Mac Gaming: 500 FF titles, 100 licensed FF peripherals
Printable Version

02/27/04
Immersion Names Richard Vogel as Senior Vice President/General Manager of Immersion Medical

02/11/04
Immersion to Present at Roth Capital Growth Stock Conference on February 17

02/10/04
Immersion Adds Nine New Patents to Growing Intellectual Property Portfolio


The Immersion Team
At Immersion, we want to bring the sense of touch to every office, home, automobile, classroom and hospital. An ambitious goal like this requires a diverse team of leaders - each with the vision, discipline and determination to turn ideas into innovations.

Board of Directors
Victor Viegas Jonathan Rubinstein Jack Saltich
Steven Blank John Hodgman Robert Van Naarden

Corporate Management and Officers
Victor Viegas Patrick Reutens Mark Belinsky
Dean Chang Joseph DiNucci Christophe Ramstein
Tim Tight Mike Zuckerman Barry Bergman
Richard Stacey


Board of Directors


Mr. Victor Viegas: Director
Mr. Viegas is the president, chief executive officer, and chief operating officer of Immersion Corporation, and has joined Immersion's board of directors. He helped bring the company public in 1999, increased operational efficiency, added new licensing relationships in the markets Immersion serves and has guided Immersion's growth as a company including its litigation efforts. Mr. Viegas has served as Immersion's CFO and VP of Finance since August 1999. From June 1996 to August 1999, he served as VP of finance and administration and CFO of Macrovision Corporation, a developer and licensor of video and software copy-protection technologies. From October 1986 to June 1996, he served as VP of Finance and CFO of Balco Incorporated, a manufacturer of advanced automotive service equipment. He holds a bachelor of science degree in accounting and an MBA degree from Santa Clara University. Mr. Viegas is also a CPA in the State of California.


Mr. Steven Blank: Director
Mr. Blank has served as a member of our board of directors since October 1996. From November 1996 to August 1999, he served as executive vice president of marketing for E.piphany, an enterprise software company that Mr. Blank co-founded. From February 1993 to October 1996, he served as CEO of Rocket Science Games, a video game software company.


Mr. Jonathan Rubinstein: Director
Mr. Rubinstein has served as a member of our board of directors since October 1999. From February 1997 to the present, Mr. Rubinstein has served as senior vice president of hardware engineering at Apple Computer, Inc. From August 1993 to August 1997, he was executive vice president and COO of Fire Power Systems, a developer and manufacturer of Power PC-based computers. Mr. Rubinstein holds bachelor of science and master of science degrees in electrical engineering from Cornell University, and a master of science degree in computer science from Colorado State University.

Mr. John Hodgman: Director
Mr. Hodgman joined the board of the directors on January 31, 2002. He is currently the chief executive officer, president, and chairman of the board of Cygnus, a medical company focused on the development, manufacturing and commercialization of new and improved glucose monitoring devices. Mr. Hodgman also served as president of Cygnus Diagnostics. He joined Cygnus in August 1994 as vice president, finance and chief financial officer. Mr. Hodgman holds a B.S. degree from Brigham Young University and an M.B.A. degree from the University of Utah.

Mr. Jack Saltich: Director
Mr. Saltich joined the board of directors on January 31, 2002. Mr. Saltich is the president, chief executive officer and a director of Three-Five Systems Inc. Prior to joining Three-Five Systems Inc., he was at Motorola for 17 years and held a number of engineering and operations management posts, culminating in his position as vice president and director of the company's Advanced Product Research and Development Laboratory. Mr. Saltich received both a bachelors and masters degree in electrical engineering from the University of Illinois. He also completed all course work towards a doctorate in electrical engineering at Arizona State University.

Mr. Robert Van Naarden: Director
Mr. Van Naarden joined the board of directors on October 23, 2002. Van Naarden is currently the chief executive officer of AuthentiDate, Inc., a software services business start-up. He has held numerous executive management positions at emerging hardware and software companies including Sensar, Netframe, FirePower Systems, Ardent Computer, and Convergent Technologies. Van Naarden holds two bachelor's degrees, one in physics from the University of Pittsburgh, and the second in electrical engineering from University of Pittsburgh as well as two master's degrees in Electrical Engineering/Computer Science from Northeastern University and the University of Pennsylvania Wharton School.



Corporate Management and Officers


Mr. Victor Viegas: President, Chief Executive Officer, Chief Operating Officer, and Chief Financial Officer
Mr. Viegas, a member of Immersion's board of directors, is Immersion's chief executive officer, president, and CFO. He helped bring the company public in 1999, increased operational efficiency, added new licensing relationships in the markets Immersion serves and has guided Immersion's growth as a company including its litigation efforts. Mr. Viegas has served as Immersion's CFO and VP of finance since August 1999. From June 1996 to August 1999, he served as VP of finance and administration and CFO of Macrovision Corporation, a developer and licensor of video and software copy-protection technologies. From October 1986 to June 1996, he served as VP of finance and CFO of Balco Incorporated, a manufacturer of advanced automotive service equipment. He holds a bachelor of science degree in accounting and an MBA degree from Santa Clara University. Mr. Viegas is also a CPA in the State of California.

Dr. Dean Chang, Chief Technology Officer, Vice President Technology Adoption and Partner Services
Dr. Chang is the chief technology officer and vice president of technology adoption and partner services. He is responsible for guiding technology strategy, driving adoption of Immersion's TouchSense haptics technology, and for successfully enabling the technology partners. Dr. Chang served as Immersion's senior director of evangelism and development since February 2000 and director of platforms and applications since July 1995. He holds 18 patents in the field of haptics and has authored articles for Computer magazine and BusinessWeek Online. Dean was a Pi Tau Sigma graduate from MIT and holds a bachelor's degree in mechanical engineering from MIT and a master of science and PhD in mechanical engineering from Stanford University. He is also currently pursuing an MBA degree from the Wharton School of the University of Pennsylvania.

Mr. Tim Tight, Vice President and General Manager, Industrial Business Group
Mr. Tight joined Immersion in November, 2003. He is responsible for Immersion's Industrial Business Group, which is focused on touch feedback for automotive and industrial controls and includes all of Immersion’s Digitizing and 3D Interactive products. Mr. Tight has spent 27 years working in high technology Silicon Valley companies in marketing and sales, senior management and product development. Working in a wide range of industries, Mr. Tight has specialized in developing new markets for cutting edge proprietary products and technologies and building the business relationships to expand those markets globally. Prior to joining Immersion, he was the chief executive officer and founder of Edge Capital Access, a niche investment bank. Before that, he was VP Marketing and Sales at Diablo Research, an outsourced engineering company specializing in wireless and communications. He has also held senior marketing positions at Raychem, Metcal, Pyramid and Spectra Physics. He holds a bachelor's degree in physics from Denison University, a master's degree in mechanical engineering from Stanford University and an MBA from Stanford.

Mr. Richard Stacey: Vice President and General Manager, Immersion Medical
Mr. Stacey joined Immersion Medical in 1996 as vice president of marketing and in 1999, assumed the additional role of general manager. In April 2002, Mr. Stacey assumed the role of vice president. He has over 25 years of international healthcare industry experience in business management, technology planning, product development, and strategic and tactical marketing. Prior to joining Immersion Medical, Mr. Stacey was the strategic marketing director for Becton Dickinson's (B-D) worldwide microbiology business. At B-D he led one of the healthcare diagnostic industries leading technology-planning teams to provide market-driven strategies for product development. He was directly responsible for launching new diagnostic products into the European and U.S. markets, and other regions indirectly. Richard Stacey holds degrees in Biology, Physiology, Chemistry and Physics from Leicester Polytechnic and Trent University, Nottingham in the United Kingdom.

Dr. Patrick Reutens: Senior Vice President, Corporate Development and Legal Affairs
Dr. Reutens is responsible for negotiation of Immersion's licensing agreements, developing Immersion's intellectual property assets, and managing the company's litigation activities. He is also involved in Immersion's strategic planning, and market and business development. Dr. Reutens has held positions at Wilson, Sonsini, Goodrich & Rosati and the Venture Law Group, and subsequently held positions at MIPS Technologies and Preview Systems. He holds a Ph.D. in particle physics from the University of Chicago and a J.D. from the Yale Law School.

Mr. Joseph DiNucci: Senior Vice President, Sales
Since October 2002, Mr. DiNucci has lead Immersion's sales and business development and responsible for growing overall sales, building a solid and predictable revenue base, and enabling Immersion to move its products and technologies into widespread adoption. He joins Immersion following Silicon Graphics and E.piphany where he held a number of executive positions including vice president of corporate marketing and vice president of automotive and manufacturing industries. Mr. DiNucci holds a bachelor's degree in mechanical engineering from Carnegie Institute of Technology and a master's degree in business administration from Duquesne University. He currently serves on the Board of Directors for the Rand Corporation, a leading provider of design and engineering solutions for manufacturing companies.

Mr. Michael Zuckerman: Senior Vice President, Marketing
Mr. Zuckerman was appointed senior vice president of marketing for Immersion in October 2003. Mr. Zuckerman, a 25-year technology veteran, will be responsible for developing and managing worldwide marketing strategy and execution across all areas of the business. Previously at Verity Inc., he held positions as vice president of marketing and vice president of sales in the western region. Prior to that, at Sensar Inc., he served as vice president of marketing. Mr. Zuckerman holds a bachelor of science degree in electrical engineering from the University of Maryland.

Mr. Mark Belinsky: Vice President, Marketing Strategy
Mr. Belinsky joined Immersion in October 2003, and oversees Immersion’s worldwide market development efforts. He joins Immersion from Macrovision Corporation, where he served during the past eight years as Senior Vice President and General Manager of Macrovision’s video technology, e-licensing, and music DRM divisions, and also as Senior Vice President of Business Development, spearheading Macrovision’s investment in digital watermarking leader Digimarc Corporation and its $800M acquisition of Globetrotter Software. Prior to his tenure at Macrovision, Belinsky served in senior marketing and operations capacities at Electronic Marketplace Systems, Interop Company, and Unisoft Corporation. Belinsky holds a bachelor of arts degree in business administration from Wayne State University and an MBA from Harvard Business School.

Dr. Christophe Ramstein: Vice President, Engineering
Dr. Ramstein is Immersion's vice president of engineering. Since 1988, Christophe Ramstein has been designing, developing and evangelizing haptic systems by adding synthetic touch to the human-computer interaction experience. He is responsible for designing haptic feedback into graphical interfaces for desktop, automotive, gaming, aerospace, 3D and medical applications. In 1991 he completed a Ph.D. in computer sciences at the National Polytechnic Institute of Grenoble, France. From 1992 to 1996, he managed major R&D projects with Industry Canada, the Canadian Space Agency, McGill University and private companies. In 1994, he demonstrated the first multimodule system allowing visually impaired users to navigate a Windows user interface with a haptic pointing device. In 1996, he founded Haptic Technologies, Inc focusing on developing and selling haptic systems in the area of 3D, automotive and desktop applications. When Immersion Corporation acquired Haptic Technologies in 2000, he became senior director of software and driver development. In 2001 he became general manager of Immersion Canada and in October 2002, was promoted vice president of Immersion's engineering group.

Mr. Barry Bergman: Vice President, Immersion Medical Sales
Mr. Bergman joined Immersion Medical in January 2004, and will manage the sales team to drive Immersion's medical business forward. He comes with more than 20 years experience at hardware and software technology companies, including Cisco Systems and Sun Microsystems. Bergman holds a bachelor's degree in engineering from the Cooper Union School of Engineering and a master's degree in business administration from New York University.


Press Releases

http://immr.client.shareholder.com/releases.cfm

Annual Report

http://immr.client.shareholder.com/annual.cfm

SEC FIlings

http://immr.client.shareholder.com/edgar_disclaimer.cfm

Patents

http://www.immersion.com/corporate/patents/

Patent Partfolio

http://www.immersion.com/corporate/patents/patent_portfolio.php

Partners

http://www.immersion.com/corporate/partners/

Solutions

http://www.immersion.com/solutions/

Products

http://www.immersion.com/products/

Contact Immersion Corporate

http://www.immersion.com/corporate/contact/