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

  PR Newswire

  CAMBRIDGE, England and DRESDEN, Germany, February 6, 2014

CAMBRIDGE, England and DRESDEN, Germany, February 6, 2014 /PRNewswire/ --

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® 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."

About Plastic Logic

Plastic Logic is the recognised leader in organic thin-film transistors (OTFT)
and is at the forefront of research and investment in plastic electronics. The
company has industrialised the process technology and now manufactures a range
of high-quality, shatterproof, ultra-thin and ultra-lightweight plastic
displays. These offer huge advantages over conventional screens, as they are
extremely flexible with proven lifetimes. Solutions for sensor and other
non-display applications are in development, enabling revolutionary design
possibilities, set to transform existing markets such as wearable and mobile
devices, signage, and automotive, as well as many others. Plastic Logic is
backed by major investors including Rusnano and Oak Investment Partners.

Find out more about Plastic Logic and its robust, flexible displays by
visiting http://www.plasticlogic.com and http://www.youtube.com/plasticlogic .

Companies interested in working together with Plastic Logic should contact
info@plasticlogic.com .

About Novaled

Novaled GmbH is a leader in the research, development and commercialization of
technologies and materials that enhance the performance of OLEDs (organic
light-emitting diodes) and other organic electronics. Novaled offers OLED
product manufacturers a unique combination of proprietary technology,
materials and expertise, and is currently the only company in the OLED
industry licensing and selling organic conductivity doping technology and
materials for use in the commercial mass production of display products.
Novaled has developed strategic partnerships with key OLED innovators and
producers throughout the world and, with a broad portfolio of more than 500
patents granted or pending, has a strong IP position in OLED technologies,
structures and materials. Novaled is headquartered in Dresden with offices in
Korea and Japan. Novaled's majority owner is Samsung Cheil Industries.

For more information, please visit http://www.novaled.com .

Contact: Media Contact: Kevin Godfrey, Marketing Communications Officer, phone
+44(0)1223-707-382 or +44(0)7786-268795, email kevin.godfrey@plasticlogic.com.
Media Contact: Ms Anke Lemke, phone: +49(0)351-796-5819 or email
anke.lemke@novaled.com
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