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Luxell And CDT Make Up

Luxell Technologies and Cambridge Display Technology (CDT) are to collaborate in a programme to demonstrate the effectiveness of the Black Layer technology with CDT's Light Emitting Polymer (LEP) technology. Previously, the two companies fell out over a license agreement reached in Novermber 2001 (Bulletin 455, October 18, 2002).
Luxell Technologies and Cambridge Display Technology (CDT) are to collaborate in a programme to demonstrate the effectiveness of the Black Layer technology with CDT's Light Emitting Polymer (LEP) technology. Previously, the two companies fell out over a license agreement reached in Novermber 2001 (Bulletin 455, October 18, 2002).


Luxell claimed breach of contract over payment, while CDT said that it experienced difficulties over implementing Black Layer into its technology.


Luxell licenses Black Layer from the National Research Council of Canada (NRC) - an organisation that will also be participating in the project. The new programme will focus on perfecting compatibility between the two technologies and demonstrating that the resulting combination results in a visually superior and economically more attractive alternative than current techniques for visual enhancement of organic light emitting diode (OLED) display screens.


Upon successful conclusion of this programme, CDT would have an option to license the Luxell technology for sub-license to CDT's LEP licensees. The agreement supersedes all previous agreements between the two companies and resolves all prior disputes between them.


John Wright, president and CEO of Luxell, commented: "Luxell is delighted to be working again with CDT, the global leader in this significant, emerging, display field. We are confident that our technology can assist CDT's licensees to offer even more competitive displays and in so doing to take a larger share of the rapidly expanding flat panel display market. This agreement marks a determination on Luxell's part to be committed to its licensees until their products, including Luxell's technology, are truly market ready and to maintain that close relationship with technology upgrades."



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