Joint Project to Investigate the Use of Nanoparticulate Layer Technology for Improved Efficiency Displays

Joint Project to Investigate the Use of Nanoparticulate Layer Technology for Improved Efficiency Displays

CAMBRIDGE, England, Feb. 7 /PRNewswire-FirstCall/ -- Cambridge Display Technology (CDT) (NASDAQ:OLED) has joined forces with ILFORD Imaging Switzerland, in a project that promises to pave the way for more optically efficient display devices in the future.

All displays produce more light than is actually seen by the user, due to internal losses in the display itself. By increasing the proportion of observed light, (the 'optical efficiency'), display devices can be made brighter for a given energy input, or energy consumption can be reduced for a given brightness. This is especially valuable where power efficiency is critical such as in mobile devices such as phones and PDAs.

ILFORD is a leading manufacturer of precision coated, ink jet printing consumables, and has discovered that certain nanoporous structures have potentially valuable properties when applied to polymer light emitting diode (PLED) displays.

The new materials, when integrated into a display device, have optical properties which help to transmit light which would otherwise be trapped and lost. The project - which will complete its initial proof-of-principle phase by the end of the first quarter of 2005 - is designed to evaluate and quantify the performance advantages that may be available from this novel approach. Work is ongoing and centered at CDT's Technology Development Centre near Cambridge, UK, where much of the work is carried out in developing and preparing PLED technology for commercialization.

About CDT

Cambridge Display Technology is a pioneer in the development of light emitting polymers (PLEDs) and their use in a wide range of electronic display products used for information management, communications and entertainment. PLEDs are part of the family of organic light emitting diodes, or OLEDs, which are thin, lightweight and power efficient devices that emit light when an electric current flows. PLEDs offer an enhanced visual experience and superior performance characteristics compared with other flat panel display technologies such as liquid crystal displays. Founded in 1992, the company is headquartered in Cambridge, UK and listed on the US Nasdaq stock exchange under the symbol 'OLED'. More information at: http://www.cdtltd.co.uk/

About Ilford

ILFORD Imaging Switzerland GmbH (ILFORD): ILFORD has a long history and a strong reputation in photography. Since 1990 it has invested in ink-jet R&D and manufacturing to become the technology and market leader in photo-like ink-jet media and dyes. ILFORD, based in Marly, Fribourg, Switzerland, is a leading developer manufacturer of inkjet consumables for OEM's and its own brand. It manufactures multilayer nanoporous coatings on a large scale for the inkjet industry and is adapting its platform nanoparticulate technology to make performance coatings for a number of technical applications.

Statements contained in this press release that are not historical facts are "forward-looking statements" and their presence may be indicated by words such as "believe," "expect," "anticipate," "intend," "plan," "estimate," "seek," "will," "may," the negative thereof and similar expressions. There can be no assurance that future developments affecting Cambridge Display Technology, Inc. and its subsidiaries will be those anticipated by management. Among the factors, risks and uncertainties that could cause actual results to differ, possibly materially, from expectations or estimates reflected in such forward-looking statements are the following: the outcomes of our ongoing and future research and development activities, and those of our licensees; our ability to form and continue strategic relationships with manufacturers of PLED materials and displays; successful commercialization of products including our PLED technology by our licensees; the willingness of these manufacturers and licensees to continue to develop, manufacture and sell commercial products integrating our technology; future demand for products using our PLED technology; the comparative advantages and disadvantages of any competing technologies; our ability to maintain and improve our competitive position following the expiration of our fundamental patents; and our future capital requirements and our ability to obtain additional financing when needed. Investors should not place undue reliance on such forward-looking statements and we undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. The information referred to above, as well as the risks to our business described in our Prospectus filed with the Securities and Exchange Commission on December 17, 2004, pursuant to Rule 424(b)(4) of the Securities Act of 1933, as amended, should be considered by readers when reviewing forward-looking statements contained in this release.


Source: Cambridge Display Technology

CONTACT: Editorial Contacts - CDT - Terry Nicklin, Marketing Director,
tnicklin@cdtltd.co.uk, +44-1954-713600; or Ilford Imaging Switzerland GmbH -
Marc Pauchard, Section Leader "New Technology", marc.pauchard@ilford.com, +41-
26-435-73-64

Web site: http://www.cdtltd.co.uk/


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