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Kodak Licenses OLED Technology to Opsys Limited, of UK.


Business Editors

ROCHESTER, N.Y.--(BUSINESS WIRE)--May 16, 2001

Eastman Kodak Company today announced that Opsys Limited, with headquarters in Oxford, United Kingdom, has become the first European licensee of Kodak's innovative organic light-emitting diode Noun 1. organic light-emitting diode - a self-luminous diode (it glows when an electrical field is applied to the electrodes) that does not require backlighting or diffusers
OLED
 (OLED (Organic Light Emitting Device, Organic Light Emitting Diode) A thin film light-emitting technology that is expected to compete with LCD and plasma TVs as well as LCD monitors and readouts. ) technology.

As part of the agreement, Kodak will grant Opsys a non-exclusive right to use its small-molecule OLED technology, including manufacturing processes and device structures, to manufacture and sell passive monochrome and color displays for a variety of applications enhanced through high-quality image display. The agreement also gives Opsys the opportunity to purchase Kodak's patented OLED materials for use in manufacturing the displays.

OLED technology, also referred to as organic electroluminescence (OEL (Organic Electroluminescent Device) See OLED. ), is a self-luminous display technology based on thin organic films that emit TO EMIT. To put out; to send forth,
     2. The tenth section of the first article of the constitution, contains various prohibitions, among which is the following: No state shall emit bills of credit.
 light when stimulated with an electric charge. The emitted light can be individual colors of red, green or blue, or they can be combined to create full-color, high-resolution image displays. OLED displays provide a clear and distinct image viewable from a very wide (165-degree) angle and require relatively little power.

As a result, OLED technology is positioned to pave the way for a revolution in display devices, from thinner and lighter handheld devices to wall-mountable television systems. It will enable more devices to display and use pictures, accelerating the use of pictures as information in the emerging infoimaging market.

"We're pleased that Opsys is our first European licensee," said Leslie Polgar, president, Kodak Display Products, Eastman Kodak Company. "Its commitment to meeting the growing demand for flat, lightweight, brilliant displays nicely dovetails with our goals for our small-molecule OLED technology and helps foster growth in the infoimaging industry."

"We are using our outstanding research capabilities to become a world leader in the development of OLED technologies for a wide range of applications. Incorporating the technology we have now licensed from Kodak and our own advanced OLED developments, we will be manufacturing 1 to 5-inch diagonal displays for portable communications devices Portable communications devices refer to hand-held or wearable devices. For example, the Walkie Talkie is a device that is hand-held when in use, and wearable when not in use. Portable telephones (cellular telephones) are also carried, or worn, on a belt, or in a pocket. , such as cell phones, pagers and PDAs, from the end of next year, from our new production facilities in Fremont, California For the unincorporated community in Yolo County, California, see .
Fremont (IPA: /ˈfriːmɒnt/) is a city in California that was incorporated on January 23, 1956, from the merger of five smaller communities:
," says Opsys 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.  Michael Holmes Michael Holmes may refer to:
  • Michael Holmes (politician), a former leader of the United Kingdom Independence Party
  • Michael Holmes (broadcaster), an anchor on CNN
  • Mike Holmes, a Canadian contractor and TV personality
.

Pioneered by Kodak in the late 1980s, OLED technology and its applications have generated more than 50 Kodak patents. Besides Opsys, licensees of Kodak's OLED display technology include Pioneer Corporation; TDK TDK Türk Dil Kurumu (Turkish Language Council)
TDK The Dark Knights (gaming clan)
TDK Tokyo Denkikagaku Kogyo KK (TDK Electronics Co. Ltd.
 Corporation; Nippon Seiki Co., Ltd.; eMagin Corporation; Rohm, Ltd.; Ritek Corporation RITEK Corporation is a Taiwanese consumer electronics group specializing in optical media products, flash memory, mp3 player, OLED display and plastics.[1] History
Ritek Corporation was established in December 29, 1989.
; TECO (Text Editor and COrrector) A text editor written in 1963 by Dan Murphy at MIT for editing paper tape on a Digital PDP-1 computer (it was originally called "Tape Editor and Corrector").  Electric & Machinery Co., Ltd.; and Sanyo Electric Co., Ltd., a Kodak joint-development partner.

About Opsys

Opsys Limited was founded in 1997 to exploit ground-breaking research emerging from the University of Oxford. With production facilities in Fremont, California, Opsys is now an international group, which is developing and will manufacture and license cutting-edge technology for brighter, thinner organic electroluminescent displays Electroluminescence (EL) is an optical and electrical phenomenon where a material emits light in response to an electric current passed through it, or to a strong electric field. Electroluminescent Displays (ELD  (OLEDs) for portable communications devices. Opsys has over 30 highly qualified scientists working in laboratories at its base in Oxford, UK, and in sponsored programs at leading universities in the UK. Opsys' researchers work closely with the leaders of sponsored research programs to put innovative technologies onto an industrial development footing.

For further information, please visit http://www.opsysdisplays.com.

About Kodak and Infoimaging

The agreement with Opsys will help drive the growth of two key infoimaging categories-infrastructure and devices. Infoimaging is a $225 billion industry created by the accelerated convergence of image science and information technology. Infoimaging unites three closely related imaging markets -- devices, infrastructure and services/media -- enabling consumers and businesses to use images more easily as a fast and effective way to communicate. Infoimaging presents significant new revenue opportunities for any company that delivers value through the marriage of information and images.

For further information about Kodak technology, readers can go to http://www.kodak.com/go/oled/.

Kodak is a trademark of Eastman Kodak Company

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COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 16, 2001
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