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Clarity
Announces Completion of $6.5 Million Private Equity Offering
Wilsonville, Oregon,
September 22, 2000 — Clarity Visual Systems, Inc., today
announced it has completed its third round of private equity
financing, raising over $6.5 million for the company. The
lead investor is Needham Capital Partners (New York). The
funding comes as Clarity is set to execute its strategy for
extending the company’s leadership in the emerging market
for visual messaging solutions, said Paul Gulick, Clarity’s
founder and CEO.
Gulick said the funds will be
used for operational purposes and to support the company’s
new strategic marketing initiatives, which are intended to
build increased market demand for both business-to-business
and business-to-consumer visual messaging solutions.
Information: Tel: (503)
570-0700; www.clarityvisual.com.
Twenty-nine
Percent of Front Projectors Use Reflective/DLP Technology,
Stanford Resources Reports
San Jose, Calif., September
13, 2000 -- Stanford Resources' today released the 2Q00
edition of its Projection Displays Quarterly. Sweta Dash,
Director of LCD and Projector Research, identified the
following points as being among the report’s key findings.
- In 2Q00, 105,078 units
were shipped to the U.S. front-projector -- LCD and
reflective/DLP -- market. The total value of these
shipments was approximately $533.8 million.
- Approximately 29% of front
projectors used reflective/DLP technology in
2Q00.
- Forty-three percent of the
projectors produced 1000 to 1500 ANSI lumens.
Information: Debbie
Herscovitz, Tel: (408) 360-8400; www.stanfordresources.com/crt/projq.html.
FPD
Technologies Announces Fluorescent/LCD Display
Westlake Village, California,
September 26, 2000 -- FPD Technologies, LLC today announced
a working prototype of a flat-panel display that combines
fluorescent materials with a conventional liquid-crystal
display.
The prototype replaces the color matrix filter of a
traditional LCD with a patterned array of fluorescent
materials to produce the RGB subpixels. Rather than block
light that’s of the wrong wavelength at each subpixel, the
FPD device converts the wavelength of the light to form the
required color. This design is intended to produce bright
images with less energy, said Edward J. A. Pope, chairman
and chief executive officer.
Information: Edward Pope, FPD
Technologies, Tel: (818) 991-8500.
Motorola
Grants OLED Rights To Universal Display And Takes Equity
Position
Ewing, New Jersey, October 5,
2000 -- Motorola, Inc. (Schaumburg, Illinois) has awarded
Universal Display Corporation (Ewing, New Jersey) licensing
rights for Motorola technologies related to organic light
emitting devices (OLEDs), both companies announced today.
Under the terms of the
agreement, Motorola will receive a minority equity stake in
UDC and provide licensing rights on more than 75 patents and
patent applications applicable to the development of
flat-panel displays using OLED technology. These patents
cover technologies relevant to most aspects of OLED
manufacturing, including single- layer devices, packaging,
plastic substrates, materials development, and encapsulation
methods. UDC will have the sole right to sublicense these
Motorola patents to manufacturers.
Contact: www.universaldisplay.com
LG.Philips
Begins Mass Production of 15-inch UXGA AMLCDs
SEOUL, SOUTH KOREA, Oct. 2,
2000 -- LG.Philips LCD Co., Ltd., announced today that it
has begun mass production of a 15-inch UXGA TFT-LCD module
for notebook PCs.
The UXGA notebook PC display
category is expected to capture approximately 7.6 percent (615,000 units) of the total notebook PC market
by year 2002, said Bruce Berkoff, executive vice president
and chief marketing officer. "LG.Philips LCD is
committed to playing a leading role in the production of
quality TFT-LCDs for the burgeoning UXGA category as it goes
mainstream," Berkoff said.
Information: Bruce
Berkoff, bruce@lgphilips-lcd.com;
www.lgphilips-lcd.com.
