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Plastic Logic and Novaled Partner to Demonstrate a World First for Displays and Open a New Frontier in Consumer Electronics

Plastic Logic, the leader in the development and industrialisation of flexible organic

electronics, and Novaled, a leading company in organic electronic materials and technology

for OLED applications, announce a partnership which will transform and accelerate the

market for flexible and wearable displays. The companies demonstrate today at the Flextech

Conference in Phoenix, AZ a truly flexible, plastic, fully organic AMOLED display. This

will be the first of a series of technology demonstrators during 2014, which will be part

of each company's development of partnerships to enable the market for truly flexible,

unbreakable AMOLED displays - a market segment forecast to be worth over $10b by 2020 (IHS

2013 report).

The dream of wearable display technology is existing for a long time now. Making this

real has needed the correct set of electronics capabilities to enable compelling and

practical solutions for lifestyle, communications and fitness applications. The

demonstrator heralds a breakthrough by combining for the first time a functional

all-plastic AMOLED display with an industrialised turnkey manufacturing process for the

backplane electronics. This marks the beginning of a new chapter for display makers

searching for a path to ultra-flexible, ultra-thin, lightweight AMOLEDs, using a low

temperature process which has a number of key industrial benefits, including superior

uniformity, yield and hence ultimately a route to low cost solutions for volume

manufacturing.

Both companies bring critical technology to the demonstration. Novaled's PIN OLED(R)

technology enables the use of non-standard electrode materials needed for the flexible

AMOLED development. Plastic Logic's fully industrialised plastic, flexible Organic Thin

Film Transistor (OTFT) backplane and know-how enabled the world's first fully organic,

flexible display. Such truly flexible AMOLEDs, and the increased usable screen areas they

make possible, are set to power the next generation of products for the wearables market,

poised to take off in 2014.

Through the OTFT industrialisation process Plastic Logic has created unique IP and a

highly transferable process-flow. With an entire supply chain in place, OTFT manufacturing

has now reached a tipping point in performance with leading organic semiconductor (OSC)

materials suppliers, including Merck whose OSC material was used in the demonstration, now

showing mobilities required to drive OLED displays. The process is compatible with

existing mainstream display manufacturing operations, underpinning a new technology

licensing business model. Plastic Logic has already established a partner program to work

with leading global display makers and consumer electronics companies to enable flexible,

plastic AMOLED supply chains through licensing and technology transfer to mass volume

producers.

Indro Mukerjee, CEO of Plastic Logic, acknowledged the scale and relevance of the

breakthrough, saying "Flexible electronics is a reality, already proven through the

development and manufacture of plastic, bendable displays and sensors. For the first time

a fully organic, plastic, flexible AMOLED demonstration has been achieved with a real

industrial fabrication process. This marks the start of a revolution in wearable products,

the next frontier in consumer electronics - 2014 will be the year that wearable technology

starts to go mainstream."

"Novaled has been developing its leadership in the doping of OLED devices," says

Gildas Sorin, CEO Novaled GmbH. "When applied to the OTFT Novaled technologies and

materials will play a driving role in fully organic displays as well as in opening the

fields of new organic devices."

www.plasticlogic.com

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