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ema gets four patents
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eMagin Granted Four New, Strategic Patents
BUSINESS WIRE - March 28, 2000 08:30
HOPEWELL JUNCTION, N.Y., Mar 28, 2000 (BUSINESS WIRE) -- eMagin Corporation (AMEX: EMA), a leading developer of virtual imaging technology, announced today that it has been granted four new patents for its flat panel display technology portfolio, bringing the total number of US patents issued to 39.
"Our 39 issued patents and more than 50 patents pending in the United States, give us a very strong competitive position in the emerging microdisplay and virtual imaging technology marketplace," said Susan Jones, Executive Vice President of eMagin. "We believe that two of the patents, in particular, are critical for building high-performance OLED displays directly onto silicon integrated circuits (ICs). We consider this to be essential for building low-cost, high-resolution OLED displays with built-in system electronics. Built-in features could include controllers, drivers, graphics, games and other system functions."
The patents cover a driver for an active matrix organic light emitting display device, an up-emitting OLED electrode structure, fabrication methods using laser photolithography, and a new electron-emitting gate structure device.
DisplaySearch, a leading flat panel display (FPD) market research firm, recently predicted that the $18.5 billion FPD market would reach $69.9 billion in 2005, with the increase driven by demand for more content (text, graphic and video) displayed in more locations by an increasing number of new kinds of products. Many experts consider OLEDs to be an optimal technology for virtual imaging viewfinders, wearable computers, and entertainment systems due to their large field-of-view, high brightness, low-power consumption, and their potential for low-cost manufacturing processes.
In addition to its own intellectual property portfolio, eMagin licenses fundamental OLED technology from Eastman Kodak, including 38 additional patents.
The new patents issued during the first quarter of 2000 are: "OLED Active Matrix Using a Single Transistor Current Mode Pixel Design," US Pat. No. 6,023,259; "Electrode Structure for High Resolution Organic Light Emitting Diode Displays and Method for Making Same," US Pat. No. 6,016,033; "Lithographic Structure & Method for Making Field Emitters," US Pat. No. 6,027,388; and "Gate Electrode Structure for Field Emission Devices and Method of Making."
About eMagin
A leading developer of virtual imaging technology, eMagin combines integrated circuits, microdisplays, and optics to create a virtual image equivalent to the real image of a computer monitor or large screen TV. These miniature, high-performance, virtual imaging modules provide access to information-rich text, data, and video which can facilitate the opening of new mass markets for wearable PCs, Internet appliances, portable DVD-viewers, digital cameras, and other emerging applications. eMagin's microdisplays are based on fundamental OLED (organic light emitting diode) technology licensed from Eastman Kodak leveraged with eMagin's own intellectual property portfolio. eMagin also holds intellectual property and trade secrets in vacuum microelectronics and field emission display technology.
eMagin's corporate headquarters and microdisplay operations are co-located with IBM on its campus in East Fishkill, N.Y. Wearable and mobile computer headset/viewer system design and full-custom microdisplay system facilities are located at its wholly owned subsidiary, Virtual Vision, Inc., in Redmond, Wash. Sales and marketing offices are located in Santa Clara, CA, and Japan.
Additional information about eMagin can be obtained at www.eMaginCorp.com
Forward Looking Statements: Statements in this news release that are not historical are forward-looking statements pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially for eMagin Corporation from those projected, including, but not limited to general economic conditions, uncertainties as to the results of research and development, delays and risks associated with product development or market acceptance, potential acquisitions, risks relating to intellectual property of others and the uncertainties of patent protection as it may pertain to eMagin Corporation. eMagin Corporation expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in eMagin Corporation's expectations with regard to any change in events, conditions, or circumstances on which any such statements are based.
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Copyright (C) 2000 Business Wire. All rights reserved.
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CONTACT: eMagin Corp. Rita Chaires Corporate Communications Administrator 914/892-1333 e-mail: info@emagincorp.com or Fleishman - Hillard, Inc. Joshua Hochberg, 212/453-2242 hochberj@fleishman.com
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