PolyVision Corporation Announces Signing of Joint Product Development Agreement with General Atomics.WALLINGFORD, Conn.--(BUSINESS WIRE)--Oct. 2, 1996--PolyVision Corporation (AMEX AMEX See: American Stock Exchange : PLI PLI Practising Law Institute PLI Professional Liability Insurance PLI Programming Language Interface (Verilog programming language) PLI Partido Liberal Independiente (Independent Liberal Party, Nicaragua) ) and General Atomics General Atomics is a nuclear physics and defense contractor headquartered in San Diego, California. Among other things, it is the manufacturer of the Predator unmanned aerial vehicle (UAV). , located in San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. , CA, announced today that they have entered into a joint development and licensing agreement to develop and produce PolyVision-based electrochromic e·lec·tro·chro·mic adj. Of or relating to a substance that changes color or transparency when subjected to charged electrodes, as in the liquid crystal display of many calculators. displays for consumer retail applications. Ivan Berkowitz, Chief Executive Officer of PolyVision, stated that, "Both PolyVision and General Atomics will make a consolidated effort to apply the PolyVision technology to new product areas for which our electrochromic technology is well suited. These applications will utilize the unique characteristics of the PolyVision technology to address the demand for low-cost dynamic POP displays. Historically, dynamic POP displays have been based upon more expensive LED or LCD technology. This cooperation will provide the marketplace with an alternative solution for POP advertising applications." Mr. Berkowitz concluded, "The agreement is the first of it's kind for PolyVision in that it is comprised of a direct focus on the development, production and commercialization of specific products which are outlined in the agreement. The agreement establishes defined responsibilities and a specified timeframe for completion, leveraging the capabilities and experience of both PolyVision and General Atomics. In addition to yielding a commercial product, experience gained may lead to advancements in other applications that are under research and development by PolyVision and our licensees." General Atomics (GA) and its affiliated companies Affiliated Companies A situation that occurs when one company owns a minority interest (less than 50%) in another company. Also refers to companies that are related to each other in some way. Notes: An affiliated company is sometimes referred to as a subsidiary. comprise one of the world's leading resources for high technology systems development and nuclear technology. GA specializes in diversified research and development, energy, defense and other advanced technologies, many for environmentally sensitive applications. Founded in 1955 as a division of General Dynamics General Dynamics Corporation (NYSE: GD) is a defense conglomerate formed by mergers and divestitures, and as of 2006 it is the sixth largest defense contractor in the world[1]. The company has changed markedly in the post-Cold War era of defense consolidation. , GA is now privately owned and has a staff that numbers about 1,200. GA is the primary developer of gas-cooled nuclear power reactor technology in the United States, and carries out the largest and most successful fusion program in private industry. The company and its affiliates develop and build state-of-the-art unmanned aerial vehicles
The company's main facilities are located on a 120-acre site in San Diego, California “San Diego” redirects here. For other uses, see San Diego (disambiguation). San Diego is a coastal Southern California city located in the southwestern corner of the continental United States. As of 2006, the city has a population of 1,256,951. and contain nearly one million square feet of engineering and test facilities, precision manufacturing installation and advanced technology laboratories. GA and its affiliates also conduct operations from Zurich, Berlin, Dresden, Moscow, Tokyo, Denver, and Washington, DC. PolyVision Corporation is an information display company with operations encompassing its Greensteel division, a leading manufacturer of custom designed and engineered writing, projection and other display surfaces for educational and institutional markets; Posterloid, a custom manufacturer of point-of-sale display products for fast food systems and financial service institutions: and its proprietary PolyVision display technology. CONTACT: PolyVision Corp., Wallingford Ivan Berkowitz Chief Executive Officer, 212/767-0120 |
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