NTERA Technology Transforms Existing LCD Facility for Less than One Percent of Comparable OLED CapEx Costs

NTERA demonstrates the affordability, speed, and ease of mass-producing NanoChromics displays by enabling an LCD technology pioneer in Taipei, Taiwan to become production-ready for NanoChromics displays for under a million dollars in less than six months.

SID, Boston, MA 24 May 2005. NTERA today announced that it has successfully transformed an existing LCD facility in Taipei, Taiwan, into a production-ready NanoChromics display factory. NanoChromics technology combines superb optical performance and ink-on-paper readability with low power consumption, and overcomes the production environment and cost challenges posed by existing LCD, OLED and other display technologies.

“We are very pleased with the ease, speed and cost of how the NTERA technology transformed our LCD facility to make NanoChromics products. NTERA’s manufacturing process is uniquely convergent with our expertise in LCD production, making it familiar to implement and yet easier to deal with. By way of example, NanoChromics technology is an order of magnitude less sensitive to critical parameters in LCD manufacturing such as tight cell gap control, a traditionally yield impacting process step,” said Frank Tzeng, General Manager of Mesostate Ltd. “Moreover, the production technology is solution-processable, unlike OLEDs and hence does not incur the high capital costs. As one of the first companies in Taiwan to bring LCD to market and subsequently transfer the production to China, we are delighted to have successfully completed the new technology set-up in Taiwan. We are well on the way to simultaneously increasing volume and reducing cost at our facility to meet the burgeoning demand.”

“The real product differentiation offered by our display technology is driving huge demand from marquee consumer facing and industrial brand names as well as best-in-class small to medium product companies,” said Nick How, President, NTERA Ltd. “Because NTERA has successfully deployed an LCD-convergent manufacturing process, we can now quickly scale our production capacity in line with customer demand.”

NanoChromics displays are ideal for use in a wide range of consumer-facing and industrial applications. From home automation (e.g. thermostats) to intelligent appliances and white goods; electronic textbooks to test kits (e.g. pregnancy, diabetes); car navigation systems to airplane cockpits and industrial controls; consumer electronics to time pieces, e-billboards and shelf labels, each of the many applications takes advantage of unprecedented visual impact at low cost.