MED Forges Sales Channel in Japan
Edinburgh, UK, 21 July 2008 - MicroEmissive Displays plc has announced it has signed a Memorandum of Understanding (MOU) with Kaga Components Ltd of Japan. The MOU with one of Japan’s leading electronic component distributors and manufacturers provides MED with its first sales channel in this strategic market.
According to the terms of the MOU, Kaga will provide sales and marketing support to the consumer electronics design community throughout Japan for MED’s microdisplay products. Additionally, Kaga will incorporate MED’s P-OLED microdisplay into its proprietary electronic viewfinder (EVF) modules to create new products for the Japanese digital camera market.
Commenting on the agreement, MED chief executive Bill Miller, said, “The agreement with Kaga represents a significant step forward for MED and a chance to showcase the considerable quality and power advantages of our P-OLED microdisplay in this technology hungry market. The EVF market in digital cameras is a significant opportunity for our product and we look forward to developing a strong relationship with a partner of the calibre and market presence of Kaga.”
The P-OLED microdisplay from MED provides a unique lightweight, low power display with distinct advantages over existing LCD technology. The device is ideally placed to exploit the opportunities in the growing EVF market, as it dispenses with inefficient and bulky backlighting resulting in a smaller more efficient module.
About MicroEmissive Displays
MicroEmissive Displays (MED - AIM, London Stock Exchange) is a leader in polymer organic light emitting diode (P-OLED) microdisplay technology. The company was founded in 1999 and has developed a unique emissive microdisplay technology by using a P-OLED layer on a CMOS substrate. In late 2004, MicroEmissive Displays floated on the Alternative Investment Market of the London Stock Exchange (AIM) and the first product release and commercial shipments of MicroEmissive Displays’ microdisplays were made in 2005. The company held the official opening of its volume manufacturing facility in Dresden, Germany in May 2007.
MicroEmissive Displays has been awarded ISO 9001:2000 registration for the research, design, development, marketing and manufacturing of digital microdisplay solutions and is working towards full accreditation in 2008. MicroEmissive Displays is headquartered at the Scottish Microelectronics Centre, Edinburgh, Scotland and its manufacturing site is in Dresden, Germany. The company employs more than 70 people and also has sales representatives and applications support located in Asia, the USA and Europe.
MicroEmissive Displays’ products are the world’s only polymer organic light emitting diode (P-OLED) microdisplays. The full colour P-OLED microdisplay combines superb TV quality moving video images that are free from flicker, with ultra-low power consumption, enabling greatly extended battery life for the consumer. This enhancement in battery usage time will play a vital role in the widespread adoption of portable head-sets for personal TV and video viewing in the consumer marketplace. The innovative design of the microdisplay, with its integrated driver ICs and its digital interface, offers product design engineers a fast, robust design-in solution for smaller, lighter-weight, stylish products of the future, all for a size comparable with the pupil of the human eye.
Awards
Finalist at the Elektra Awards 2007 in the Research and Development category
Short-listed for the Best of British Industry Awards 2006, Next Generation Award
Winner of IEE Innovation in Engineering Award 2005, Emerging Technologies Award
Winner Gannochy Medal 2004, Professor Ian Underwood - Scotland’s Top Innovator
Winner European Semiconductor Start-Up of the Year 2004
Listed in Tornado Insider’s Top 100 in 2003
Listed in Tornado Insider’s Top 100 in 2002
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For further information please contact:
Dr Natalie Polack, Product Marketing Manager, MicroEmissive Displays
Scottish Microelectronics Centre, West Mains Road, Edinburgh, EH9 3JF
Tel: + 44 (0) 131 650 7764; Fax: + 44 (0) 131 650 7761
E-mail: info@microemissive.com; Web: www.microemissive.com
Nicki Langley
Neesham Public Relations
Tel: +44 (0) 1506 670800
Email: nickil@neesham.co.uk
