Data I/O Announces Upcoming Investor Conferences

REDMOND, Wash.--(BUSINESS WIRE)-- 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 that it will be participating in two upcoming investor conferences. Anthony Ambrose, Data I/O President and CEO, will be participating at both conferences. Details for the conferences are provided below.

May 24, 2023 – Singular Research’s Spring Select Webinar

Singular Research will be hosting its Spring Select Webinar on Wednesday, May 24. The conference is by invitation only to Singular clients and select portfolio managers. The presentation for Data I/O is scheduled to take place at 12:15 pm pacific time. For investors interested in viewing the presentation streamed live on the Internet, Singular is offering the conference as a webinar. Please use the following link to register for the webinar: https://attendee.gotowebinar.com/register/5604521259475335768

June 7, 2023 – Needham & Company 7^th Annual Virtual Automotive Tech Conference

Needham & Company pioneered this event seven years ago and it has become the thought leader in the automotive technology and electrification ecosystems. This year's conference will include some of the most prominent public and private C-level management teams, as well as industry experts. Key themes will include: EV/charging stations, silicon carbide, connected vehicle data and AI-enabled voice software, automotive semiconductor supply chain and specialized foundries. Data I/O management will be available for investor meetings from 10:00 am to 5:35 pm eastern time.

Please visit the Company’s Webcasts and Presentations section of the Data I/O Corporation website at www.dataio.com to access a copy of the presentation used at the conferences. Please contact your representative of the conference organizers or Jordan Darrow, IR for Data I/O (contact details below), to schedule a meeting.

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. See: dataio.com/Company/Patents.

Learn more at dataio.com

Forward Looking Statement

Statements in this news release concerning economic outlook, expected revenue, expected margins, expected savings, expected results, orders, deliveries, backlog and financial positions, semiconductor chip shortages, 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 global COVID-19 pandemic, including the expected effects on the Company’s business from Shanghai’s COVID-19 lockdowns, the duration and scope, impact on the demand for the Company’s products, and the pace of recovery for the COVID-19 pandemic to subside, and the Russian invasion of Ukraine 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230523006051/en/

Joel Hatlen

Chief Operating and Financial Officer

Data I/O Corporation

Darrow Associates, Inc.

Jordan Darrow

(512) 551-9296

jdarrow@darrowir.com

Source: Data I/O Corporation