Cambridge Display Technology - Page 9

Cambridge Display Technology (CDT) and Add-Vision Inc (AVI), a pioneering developer of technology for low information content displays, have announced a business collaboration in which CDT will give AVI a paid-up license to certain CDT IP for specialized low resolution display applications. CDT will also join the existing private equity investors in a new round of funding to allow AVI to develop the technology more rapidly. In return for the license and equity investment, CDT will acquire a very substantial minority position in AVI.

The Add-Vision approach, developed over the last ten years, allows simple PLED displays and backlights to be fabricated by fast screen printing on plastic substrates without the need for expensive clean room facilities. As a result, the cost of display production can be kept lower, while maximizing throughput volumes.

Toppan Printing and Cambridge Display Technology (CDT) have just announced the commencement of Phase Two of their joint programme to explore alternative printing processes for the fabrication of displays based on PLED technology.

Phase One, completed at the end of 2004, concentrated on proving the feasibility of using a roll printing process to deposit light emitting polymer materials onto a glass substrate.

Cambridge Display Technology and Switzerland's ILFORD Imaging will jointly evaluate the performance of new PLED materials.

ILFORD develops and produces precision coated, ink jet printing consumables. The company has discovered that certain nanoporous structures have potentially valuable properties when applied to P-OLED displays. These new materials, when integrated into a display device, have optical properties which help to transmit light which would otherwise be trapped and lost.

Cambridge Display Technology (CDT) announced that the EU-funded STEPLED project has concluded - with "outstanding success". The STEPLED project was undertaken with the aims of understanding the science which controls the spin states of polymer-based OLED (PLEDs), critical to developing more power efficient displays.

The STEPLED project focused on establishing high efficiency materials using high singlet-ratio fluorescent polymers, but also worked on soluble phosphorescent emitter. CDT said that STEPLED achieved the production of a standard two-layer device structure with an external quantum efficiency (EQE) of 6%. This has been described as 'outstanding', being almost twice the efficiency of previous materials. The impressive performance was achieved using red emitting polymers, typically the lowest efficiency color in RGB displays.

Cambridge Display Technology is a public company now (NASDAQ:OLED) and it's been trading for a month. The share price has hit an all-time low today - $7.58.

That's a 37% drop from $12, the IPO price.

Cambridge Display Technology today announced that its initial public offering of 2,500,000 shares of common stock was priced at $12.00 per share. CDT's common stock will be traded on the Nasdaq under the ticker OLED.

The offering is expected to close on December 21, 2004.

OLED-Info.com recently had the opportunity to interview Khaled R. Khuda, President, One Stop Displays.

One Stop Displays (OSD) of Winter Park, FL has over a 15 year history of experience for display technology. OSD is focused on advanced display technology and associated services. OSD features OLED, PLED, and TFT display technology.

Q: Do you produce your own OLED panels or do you buy them from a third source?

OSD does not manufacturer displays from our USA location. We provide sales, marketing, module engineering, and tech support in cooperation with a far eastern manufacturing location. OSD provides services to global customers from our location.