CAMBRIDGE, United Kingdom, May 2004 - Cambridge Display Technology (CDT) and Kolon Industries, Inc., Republic of Korea announced today that they have entered into an agreement whereby CDT will transfer polymer light emitting diode (PLED) technology and PLED ink-jet printing expertise. CDT will provide the product and process knowledge, data and materials to give Kolon a state-of-the-art understanding of PLED device structures and their fabrication by ink-jet printing. The agreement heralds another step towards the mass commercialisation of PLED technology in consumer products.

The technology transfer will take place at CDT’s Technology Development Centre in Godmanchester, UK, where CDT has installed the world’s first open and flexible electroluminescent display manufacturing environment dedicated to PLED technology advancement, evaluation and technology transfer.

David Fyfe, CEO of CDT, said, "We are very pleased that Kolon has entered into this agreement as it represents their first step to becoming a CDT licensee and to commercialising PLED technology and CDT looks forward to building a long-term relationship with Kolon. A growing number of well-resourced corporations are concluding that CDT's PLED solution processable technology holds the most promise for the production of OLED displays on larger substrates. OLEDs can never become truly competitive with LCD unless the economies of larger substrates can be accessed".

About CDT
Cambridge Display Technology is a global leader in the research, development and commercialisation of light emitting polymers (PLEDs) which are targeted for use in a wide range of electronic display products used for information management, communications and entertainment. Features include reduced power consumption, size, thickness and weight, very wide viewing angle, superior video imaging performance and the potential for use on flexible display substrates. Current CDT licensees are actively developing their manufacturing strategies. Founded in 1992, the company is headquartered in Cambridge, UK.

About Kolon
Kolon has played a leading role in the development of the Korean synthetic fibre industry over the last half-century. Now it has grown into a large corporate group with 30 subsidiaries with enterprises ranging from national key industries such as synthetic fibre, chemistry, trade and construction to service industry businesses in distribution and leisure, and advanced industry businesses specializing in information communications.

Click here for more information about Kolon