Luxell Technologies Inc. today announced that revenues for the second quarter of fiscal 2005, ending February 28, 2005, were $416,553, as compared to $444,489 for the same period in the prior fiscal year. The net loss for the second quarter was $1,931,236 or $0.05 per share compared to a net loss of $1,915,149 or $0.05 per share for the second quarter of 2004.

Commenting on the results, John Wright, CEO and President, said, While I am disappointed that our performance over the first 6 months of the year is only a modest advance over 2004, we enter the year's second half in far better shape than a year ago. Our backlog is strengthening continually and is now in excess of $5M, with realistic expectation of further significant gains in the remainder of the year. If we are able to sustain this performance, then I am confident that we can secure our 2005 business goals, as stated at our AGM.

Transcend Information, Inc. introduces its brand new MP3 player the T.sonic 610, which features a new streamlined design, vibrant color schemes, a Self-luminous OLED LCD panel display (Dual color, 1" OLED) and a cool 4-way joy-pad. The T.sonic 610 MP3 player supports Hi-Speed USB2.0 connectivity with super-fast read/write speeds of 3.2/2.8MB/sec.
The T.sonic 610 is now available and customers can choose between the 512MB and 1GB capacity models.

Thanks to the rising use of OLED as an alternative to LCDs in mobile-phone displays, worldwide OLED panel market revenue expanded to $408 million in 2004, up 63 percent from $251 million in 2003, iSuppli Corp. said today.

Among OLED vendors, rapid sales growth in 2004 for these displays allowed Samsung SDI to leverage strong presence in the mobile-phone business to take the top rank for the global OLED panel market, garnering 44 percent of unit sales. The company replaced Pioneer of Japan as the leading OLED supplier. Samsung’s OLED shipments were boosted by internal sales to its mobile-phone business.

OLEDs are currently being utilized as the main display of mobile phones, as opposed to being a secondary display, as has been the case until recently. Mobile phones also are increasingly using color OLED panels.

For the number two OLED vendor spot, Taiwan’s RiTdisplay edged out Pioneer with 22 percent of sales. RiTdisplay has made a rapid entry into the nascent market for OLED displays in MP3 players than its competitors. Pioneer slid to third place with 20 percent of OLED sales.

The new facility has been established at Hsin-Chu with the delivery of three Litrex 142P ink jet printers. The Litrex printers are robust, production-capable units, with the ability to print 370 x 470mm glass substrates at approximately two to five minute intervals, and these have been commissioned with the support of CDT’ s Field Support Engineers based in the region.

When combined with the process technology now being developed at CDT and transferred to Delta engineers as part of the commercial transaction, the facility will pave the way for Delta-Opto’s full-scale production of colour displays.