Cambridge Display Technology and Tokki Corp. to Develop Manufacturing Techniques for Volume Light-Emitting Polymer Display Production.Business Editors/High-Tech Editors CAMBRIDGE, U.K.--(BUSINESS WIRE)--May 30, 2001 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 ) has entered into a multi-million dollar joint development agreement with Tokki Corp. of Japan, a leading developer of engineering and manufacturing equipment for the global display industry and Nissei Sangyo Co. Ltd., as Tokki's exclusive distributor. CDT and Tokki will develop the next generation of Tokki's volume manufacturing physical vapour deposition (PVD PVD abbr. peripheral vascular disease PVD Peripheral vascular disease, see there ) and encapsulation (1) In object technology, the creation of self-contained modules that contain both the data and the processing. See object-oriented programming. (2) The transmission of one network protocol within another. technology for CDT's light emitting polymer See LEP. (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. ) displays. Development work will include the investigation of reduced cost encapsulation techniques, which in turn will extend the operating life and performance of LEP displays. CDT has purchased a 14-inch Tokki PVD machine to be installed at its pilot development line, currently under construction, in Godmanchester, near Cambridge. The facility is expected to come on line in early 2002. Under the agreement, the two companies will work together to adapt existing manufacturing tools and techniques to enable the volume production of LEP devices. Ken-ichi Tsugami, president of Tokki, said, "We expect the LEP display market to grow rapidly and this development with CDT helps us to optimize our existing manufacturing equipment and tools for volume LEP production. CDT's expertise in LEP technology will be crucial to achieving the best results." 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, "CDT, as the licensor of LEP technology, has a business plan aimed at enabling the LEP display industry. Efficient, low cost manufacturing technology is key to the success of our licensees. This joint development with Tokki will bring focus to the achievement of this objective at an early stage in the commercialization of LEP technology." 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 A thin display screen for computer and TV usage. The first flat panels appeared on laptop computers in the mid-1980s, and the LCD technology became the standard. Stand-alone LCD screens became available for desktop computers in the mid-1990s and exceeded sales of CRTs for the first time 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 1994, the company has headquarters in Cambridge. More information about CDT is available on the World Wide Web at http://www.CDTltd.co.uk. About Tokki Corp. Tokki Corp. is a privately held manufacturer established in 1967 and listed on JASDAQ Jasdaq See: Japanese Association of Securities Dealers Automated Quotation System since 1991. Tokki has specialized in manufacturing a wide range of vacuum systems based on its unique technology, which combines vacuum technology Vacuum Technology is a 5B$ market, it includes several disciplines Vacuum Pump Vacuum Gauges or Measurement Leak detection equipment Process monitoring equipment Gas analyser with FA (Factory Automation) precise handling technology. Tokki was first in the world to develop a full automation system for mass-production of low molecular organic EL display in 1999 as well as supplying a polymer EL production system. About Nissei Sangyo Co. Ltd. Nissei Sangyo is a privately held global trading company that has specialized in cutting edge technologies from a core emphasis on scientific instruments & production systems, information systems & electronic components, and advanced industrial products and is a subsidiary of Hitachi Ltd. Founded in 1947, the company has headquarters in Tokyo. |
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