Optiva and Sony Magnetic Products of America Inc. Begin Production of Optical Films Using Optiva's Nanotechnology.Business Editors/High-Tech Writers SID Conference SOUTH SAN FRANCISCO South San Francisco, city (1990 pop. 54,312), San Mateo co., W Calif.; inc. 1908. South San Francisco has several industrial parks; its manufactures include medical supplies and equipment, foods, paint, paper products, consumer goods, and clothing. , Calif.--(BUSINESS WIRE)--May 20, 2002 Optiva, Inc. announced today that it has entered into a manufacturing agreement for the production of optical film products based on Optiva's Thin Crystal Film (TCF See Trenton Computer Festival. (TM)) technology with Sony Magnetic Products of America, Inc. (SMPA SMPA Santa Monica Pier Aquarium (Santa Monica, CA) SMPA Sense-Model-Plan-Act (intelligence paradigm) SMPA Suisun Marsh Preservation Agreement SMPA Stacked Microchip Patch Array ), located in Dothan, Ala. The first product resulting from this agreement, a TCF Plastic Sheet Polarizer polarizer an appliance for polarizing light. for use in passive liquid crystal displays liquid crystal display (LCD) Optoelectronic device used in displays for watches, calculators, notebook computers, and other electronic devices. Current passed through specific portions of the liquid crystal solution causes the crystals to align, blocking the passage of light. (LCD), started shipping earlier this month. Samples and production volumes are available immediately. Optiva TCF represents a new class of nanomaterials for optical applications. The first family of TCF products replaces complex 75 year-old Polaroid(R) polarizer technology with a printed, self-assembled crystalline film. This Optiva material innovation coupled with SMPA's extensive film coating experience allows today's displays to be thinner, less expensive, more durable and with better viewing characteristics. SMPA is recognized as one of the largest single-site locations for the manufacturing of magnetic media, such as audio/video and data storage products. The Dothan plant, celebrating its 25th anniversary, has produced more than $5 billion of magnetic media throughout its history. Optiva and SMPA established this relationship during the fourth quarter of last year to address the LCD industry with TCF product. "There has been significant interest in nanomaterials recently. Optiva is distinct within the industry as one of the first to bring its technology to commercial production," said Andrew Wahl, president and 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 Optiva. "Sony's advanced coating technology has proven to be ideally suited for producing TCF optical films. Through our close relationship with SMPA, Optiva has secured world-class scaleable production capacity to meet our current and projected market demands, as well as a strategic partner to co-develop a wide range of future innovative optical film products." The first product resulting from this relationship is a polarizer plastic film lamination lamination a laminar structure or arrangement. set for transmissive and reflective passive LCD displays. These new polarizer films leverage Optiva's TCF technology to provide high-value features at low cost. Optiva TCF Plastic Sheet polarizers are more durable and up to 70% thinner than traditional polarizers. Additional optical film products for displays and other applications are also being planned in the future. "We are pleased to be working with Optiva on bringing this leading-edge technology to the market," said Barry Singletary, president of SMPA. "The opportunity is significant and takes full advantage of SMPA's decades of experience and core competencies in volume production, quality control and engineering." About Optiva Optiva Inc. is a leading developer and manufacturer of advanced self-assembling ultra-thin materials ("nanomaterials") for use in a wide range of optical applications. Benefiting from over two decades of successful large-scale research in supramolecular su·pra·mo·lec·u·lar adj. 1. Consisting of more than one molecule. 2. Of greater complexity than a molecule. engineering, Optiva is the first to delivering a commercial mass-production process for optical nanomaterials. These advanced materials Advanced Materials is a leading peer-reviewed materials science journal published every two weeks. Advanced Materials includes Communications, Reviews, and Feature Articles from the cutting edge of materials science, including topics in chemistry, physics, are designed to self-assemble into liquid crystals in solution and then self-align into very thin crystalline films (TCF) when coated onto surfaces. The first application of Optiva's TCF products is targeted at the flat panel display 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 industry, offering significant cost and performance advantages over traditional optical film alternatives. Incorporated in 1997, Optiva is headquartered in South San Francisco with a world-class research and development division established in Moscow and offices in Europe, Japan, Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. and Taiwan. More information about Optiva can be found at http://www.optivainc.com. Optiva is a registered trademark of Optiva, Inc. Optiva Thin Crystal Film and TCF are trademarks of Optiva, Inc. All other company names and products are trademarks or registered trademarks of their respective owners. This press release contains forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those projected or implied in this press release. Optiva disclaims any intent or obligation to update these forward-looking statements. Visit Optiva at the SID Conference Boston, May 21-23, Exhibit booth 2331 |
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