DuPont and Cambridge sign agreement.

DuPont Displays (Wilmington, DE), a flat panel display developer, and Cambridge Display Technology (CDT, Cambridge, United Kingdom), a developer of polymer technology, have announced a strategic agreement to advance light emitting polymer (LEP) displays, also known as polymer organic light emissive displays--a market with revenue expected to reach $4.2 billion in 2007. The agreement establishes an intellectual property collaboration and is a step toward furthering the commercialization of light emitting polymers used to create ultra-thin, lightweight and low-power displays for electronic products such as mobile phones, hand-held notebooks and other electronic products.

As part of the agreement, DuPont will receive a non-exclusive license to technology and intellectual property assets held by CDT. This license will enable DuPont to produce both active and passive light emitting polymer display devices, thereby supporting the implementation of DuPont Displays' business model.

Additionally, DuPont Displays' subsidiary UNIAX (Santa Barbara, CA), which specializes in electroluminescent polymers, will have its light emitting polymer intellectual property and process experience consolidated with that of CDT. The consolidation provides a centralized source for relevant light emitting polymer intellectual property and technology.