CopyTele Announces Development of Its Low Voltage Carbon Nanotube LVND(TM) Flat Panel Display.MELVILLE, N.Y. -- CopyTele, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :COPY), announced today the development of engineering models of CopyTele's low voltage Low voltage is an electrical engineering term that broadly identifies safety considerations of an electricity supply system based on the voltage used. While different definitions exist for the exact voltage range covered by "low voltage", the most commonly used ones include "mains nanotube A carbon molecule that resembles a cylinder made out of chicken wire one to two nanometers in diameter by any number of millimeters in length. Accidentally discovered by a Japanese researcher at NEC in 1990 while making Buckyballs, they have potential use in many applications. flat panel (LVND[TM]) display, utilizing carbon nanotubes See nanotube. (10,000 times smaller than a human hair) and proprietary low voltage color phosphors. The models demonstrate the ability to show images from computers by controlling the brightness of selected individual pixels utilizing CopyTele's carbon nanotube display technology. The 5.5 inch (diagonal) display has 960 x 234 pixels and utilizes a new memory-based active matrix thin film technology (AMTFT AMTFT Active Matrix Thin Film Transistor ) with each pixel phosphor A rare earth material used to coat the inside face of a CRT. When struck by an electron beam, the phosphor emits a visible light for a few milliseconds. In color displays, red, green and blue phosphor dots are grouped as a cluster. See screen burn. activated by electrons emitted by a proprietary carbon nanotube network located approximately 10 microns (1/10th of a human hair) from the pixels. As a result, each pixel phosphor brightness is controlled using only a maximum of 40 volts. The carbon nanotubes and proprietary color phosphors are precisely placed and separated utilizing CopyTele's proprietary nanotube and phosphor deposition technology. Some other characteristics of CopyTele's LVND[TM] display technology are as follows: * Proprietary vacuum, spacer, and rapid sealing technology to accommodate AMTFTs and thus obtain a display thickness of approximately 1/16th of an inch, thinner than LCD and PDP (1) (Plasma Display Panel) See plasma display. (2) (Policy Decision Point) See COPS and XACML. (3) (Programmed Data P (plasma) displays. * The display matrix, carbon nanotubes, phosphors, and drivers are all on one substrate. A second substrate is utilized only to allow the display to be vacuumed. * A proprietary low voltage nanotube electron emission Electron emission The liberation of electrons from a substance into vacuum. Since all substances are built up of atoms and since all atoms contain electrons, any substance may emit electrons; usually, however, the term refers to emission of electrons from the control system. * The ability to select and change brightness of each individual pixel within the AMTFT. It requires only 40 volts on each pixel phosphor to change the brightness from black to white. This compares to thousands of volts required for other video phosphor based displays. * Low power consumption is required to activate the whole display, and power is only consumed when a pixel is turned on. The display requires less than 1/5th the power required by an LCD. * Low power consumption that could potentially utilize rechargeable batteries to operate TV products for wireless applications. * Low power consumption could extend the battery operation time for portable devices. * The same basic display technology could potentially be utilized in various size applications, from hand-held to TV size displays. * Proprietary AMTFT matrix structure that could be produced utilizing the existing mass production facilities. * The display matches the positive performance characteristics of a cathode ray tube See CRT. (hardware) cathode ray tube - (CRT) An electrical device for displaying images by exciting phosphor dots with a scanned electron beam. CRTs are found in computer VDUs and monitors, televisions and oscilloscopes. (CRT (1) (C RunTime) See runtime library. (2) (Cathode Ray Tube) A vacuum tube used as a display screen in a computer monitor or TV. The viewing end of the tube is coated with phosphors, which emit light when struck by electrons. ), including wide temperature range operation, wide viewing angle, high contrast, and video response time. * No display flicker by having memory in each pixel. * No pixel cross-talk. CopyTele is continuing to optimize its LVND[TM] display technology performance including its reliability, size and potential cost. CopyTele's principal operations include the development, production and marketing of its thin flat low voltage phosphor displays and the development, production and marketing of multi-functional encryption products, hardware and software based, that provide information security for domestic and international users over virtually every communication media. For additional information, visit CopyTele's website at www.copytele.com. Forward-Looking Statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. : Statements that are not historical fact may be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Forward-looking statements are not statements of historical facts, but rather reflect CopyTele's current expectations concerning future events and results. CopyTele generally uses the words "believes", "expects", "intends", "plans", "anticipates", "likely", "will" and similar expressions to identify forward-looking statements. Such forward-looking statements, including those concerning CopyTele's expectations, involve known and unknown risks, uncertainties and other factors, some of which are beyond CopyTele's control, which may cause CopyTele's actual results, performance or achievements, or industry results, to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. In evaluating such statements as well as the future prospects of CopyTele, specific consideration should be given to various factors, including the following: CopyTele's prior history of losses and negative cash flows from operations; CopyTele's ability to obtain debt or equity financing Equity Financing The act of raising money for company activities by selling common or preferred stock to individual or institutional investors. In return for the money paid, shareholders receive ownership interests in the corporation. to continue our marketing, research and development activities, on terms acceptable to CopyTele, if cash generated from operations is insufficient to satisfy our liquidity requirements; CopyTele's ability to commercialize a full-color video display; the possible development of competitive products that could render CopyTele's products obsolete or unmarketable; and other risks as detailed from time-to-time in CopyTele's filings with the Securities and Exchange Commission. CopyTele undertakes no obligation to update any forward-looking statements as a result of new information, unanticipated events, or otherwise. |
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