Total Revenues for the third quarter of 2006 were $0.9 million, compared with $6.6 million for the same period in 2005 when the Company recorded Revenues from the sale of three inkjet printers and from two large technology services and development contracts.

Net Loss was $9.6 million for the third quarter of 2006, compared with $8.6 million for the same period in 2005.

Research and Markets has announced the addition of Medium-Small Sized LCD and OLED Drive IC Industry Study, 2005-2006 to their offering.

This report comprehensively analyses the market and industry of the large, medium and small sized LCD Drive ICs, and of the medium and small sized OLED. It also provides full details about the major LCD and OLED panel manufacturers and about the major LCD and OLED drive ICs manufacturers.

Samsung SDI captured 24% of the 21-million-unit OLED market in the third quarter of 2006, shipping 5.1 million units, according to a Korean-language press release issued by market research firm OLEDNET.

Taiwan-based RiTdisplay ranked second with 3.9 million units sold, followed by LGE with 3.7 million units, Pioneer with 3.2 million and Univision Technology with three million.

Read more here (digiTimes)

Vitex Systems together with Advanced Neotech Systems (ANS), Pyungtaek, Korea, today unveiled a lower cost version of its proven Guardian™ thin-film encapsulation system, the G200E. Designed to extend the company’s reach into markets where price may be a gating factor, the G200E will enable institutions, universities and industrial development groups to also explore the myriad benefits associated with Vitex’s proprietary Barix™ encapsulation process. Based on Vitex’s flagship Guardian System, the G200E can provide basic thin-thin encapsulation capabilities without sacrificing the quality and performance that has become a trademark of the Guardian platform.

Thin-film encapsulation is a fundamental technology that can be used in the production of OLEDs, photovoltaics, thin-film batteries, organic semiconductors, bio sensors, etc. Specifically, Vitex’s Barix technology—applied via the Guardian tool—can eliminate the packaging components used within the manufacture of these devices by delivering the moisture/oxygen protection, or barrier, necessary to ensure integrity. It also offers added flexibility and enables new design opportunities. Since different applications (e.g. cell phone vs. photovoltaics) have different lifetime requirements, they require different barrier properties. Vitex’s unique ability to customize its technology to address various barrier requirements opens up a number of new markets. At the same time, Vitex and ANS recognized early on that the extensive capital required for thin-film encapsulation made it difficult for some organizations, such as universities, to procure the necessary equipment needed for further research in this area. This prompted the development of the low cost G200E—thereby, expanding the company’s potential customer base.

Revenues for the three months ended September 30, 2006 were $3,096,288, compared to $3,372,870 for the same quarter in 2005. Revenues from the third quarter showed solid increases in commercial chemical sales, license fee revenues and technology development revenues, and decreases in development chemical sales and contract research revenues. The Company’s revenue mix continues to shift as its phosphorescent OLED (PHOLED™) technology is commercialized.

The Company reported a net loss of $2,943,287 (or $0.09 per share) for the quarter ended September 30, 2006, compared to a net loss of $2,979,140 (or $0.10 per share) for the same quarter in 2005.

Opto Tech has decided to stop making flat panel displays, and exit the OLED business, according to DigiTimes.

Read more here 

During the period, year over year revenue increases continued at over 100% for the third quarter in a row and sequentially grew 37% from second quarter levels. Commenting on the results, Gary Jones, eMagin’s CEO and president, said, As you can see our financial performance is improving. Costs are down and third quarter revenue of $2.3 million is a substantial increase over the same period last year, providing continued proof of traction in our key markets. The recent placements of our microdisplays by OEMs in major systems such as Sagem's FELIN system in European military programs and Nivisys' TAM-14 being deployed by the U.S. Department of Homeland Security indicate a strong future for the Company's OLED technology.

"The flat panel display industry faces challenges similar to those of the semiconductor industry. Conventional cleaning methods, with their costly issues of toxic chemical storage, handling, consumption and disposal, pose major problems for manufacturers," said Dr. Christiane Gottschalk, Senior Manager of Sales and Customer Service for ozone products with the MKS Power and Reactive Gas Products Group. "By using ozonated water as the cleaning agent, the LIQUOZON Single system offers a clean, safe alternative with no compromise in process performance or reliability, and significant reductions in waste disposal costs. With such cost and process benefits, ozone delivery systems are gaining wide acceptance in semiconductor and flat panel applications including wet wafer cleaning, contaminant removal and surface conditioning.