Cambridge Display Technology Grants LEP License to MicroEmissive Display Ltd.Business Editors & High-Tech Writers CAMBRIDGE, United Kingdom--(BUSINESS WIRE)--Oct. 1, 2001 MED to Use CDT's Proprietary Light Emitting Polymer See LEP. Display Technology to Produce High-Resolution, Miniature Displays Cambridge Display Technology (CDT CDT abbr. Central Daylight Time CDT Central Daylight Time CDT n abbr (US) (= Central Daylight Time) → hora de verano del centro; (BRIT ), the leading researcher and commercial technology developer of light-emitting polymer (LEP (Light Emitting Polymer) An organic polymer that glows (emits photons) when excited by electricity. LEP screens are used to make organic LED (OLED) displays and are expected to compete with LCD screens in the future. See OLED. ) technology, today announced that it has granted a license to Edinburgh, U.K.-based start-up company start-up company A new business. MicroEmissive Displays Ltd. (MED) to enable MED to manufacture and sell miniature, high resolution LEP displays. MED will initially develop OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and LEP products for viewfinder The preview window on a camera that is used to frame, focus and take the picture. On analog cameras, the viewfinder is an eye-sized window that must be pressed against the face. Point-and-shoot digital cameras use small LCD screens that are viewed several inches from the eyes. applications in video camcorders, digital cameras, toys and gaming products. MED is currently installing a LEP pilot line at its corporate headquarters in the newly built Scottish Microelectronics Centre and expects to launch full commercial LEP microdisplay products during 2002. MED's investment in an LEP microdisplay pilot production line independently mirrors CDT's own investment in a LEP technology development line at its $25 million centre in Godmanchester, U.K., which is due to be operational in early 2002. Both investments support CDT's efforts to drive the commercialization of LEP technology. Microdisplays are tiny high resolution displays built directly on silicon substrates, which are very lightweight and low power. By using magnifying optics, they create an image that is larger than the physical size of the device. Microdisplays are expected to have application in 3G mobile phones, headsets for wearable computing "Wearable computing" is an active topic of research, with areas of study including user interface design, augmented reality, pattern recognition, use of wearables for specific applications or disabilities, electronic textiles and fashion design. , and a wide range of other content-enabled consumer products. David Fyfe, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of CDT, said: "We are very pleased to be working with MED, and believe very strongly that it has the right credentials and experience to develop LEP microdisplays. MED has made great strides in developing the manufacturing process surrounding LEP displays on CMOS (Complementary Metal Oxide Semiconductor) Pronounced "c-moss." The most widely used integrated circuit design. It is found in almost every electronic product from handheld devices to mainframes. silicon wafers. Its work shows clearly that LEP display technology is very compatible with low power CMOS electronics, and its products are expected to have a significant impact in the emerging microdisplay marketplace. CDT is committed to giving full support to all licensees to aid the commercialization of LEP technology." Peter Denyer, executive chairman of MED, said: "LEP has clear advantages over competing microdisplay technologies. The key requirement for the consumer applications that we are targeting is low power consumption and this is where LEPs are unrivalled. Both peripheral electronics and manufacturing are less complicated for LEP microdisplays. I believe that MED will quickly establish itself as a significant microdisplay provider and the leading brand in this field." According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. research conducted by McLaughlin Consulting Group, a specialist electronics display market research firm, the next decade will give rise to the maturation of personal display opportunities. Sales of personal display microdisplays used in viewfinders and headsets and embedded in Internet appliances are expected to grow to $1.5 billion by 2005, becoming a substantial segment of the $5.6 billion total microdisplay market. About CDT Cambridge Display Technology, CDT, is a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. that is leading the research, development and commercialization of polymer technology for flat panel displays and lighting. CDT's light emitting polymer, LEP, technology is targeted for use in a wide range of electronic display products currently used for information management, communications and entertainment. Features include reduced power consumption, size, thickness and weight, very wide viewing angle, superior video imaging performance and the potential to create displays on plastic substrates. CDT is promoting LEP technology development and speeding its commercialization through a global business strategy including co-developments with leading companies in a wide range of display and related technology areas. Founded in 1992, the company has headquarters in Cambridge. More information about CDT is available on the World Wide Web at http://www.cdtltd.co.uk. About MicroEmissive Displays Ltd MicroEmissive Displays Ltd was co-founded in 1999 by, Jeff Wright, and Ian Underwood as a spin-out from Edinburgh and Napier Universities. The company aims to become the leading provider of microdisplays for portable consumer electronic products. MED, is chaired by Denyer, the founder and former CEO of Vision Group, the CMOS image sensor A CMOS-based chip that records the intensities of light as variable charges similar to a CCD chip. Although initially used in less expensive digital cameras, the quality of CMOS sensors has improved steadily. CMOS sensors have advantages over CCDs. company, which floated in 1995 and was acquired in 1998. 3i, Europe's leading venture capital company invested (pound)1.5 million in MED in September 2000. MED is currently completing a further round of venture capital finance. More information available on the Internet: http://www.microemissive.com. |
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