Nanotechnology Now

Our NanoNews Digest Sponsors





Heifer International

Wikipedia Affiliate Button


DHgate

Home > Press > CopyTele Licenses Technology to AUO For E-Paper® and Nano Displays

Abstract:
CopyTele, Inc. (OTCBB:COPY) announced today that it has entered into two license agreements with AU Optronics Corp. ("AUO") (NYSE:AUO) of Hsinchu, Taiwan to produce and market CopyTele's E-Paper® and Nano Display technologies. The license agreements grant AUO an exclusive license for CopyTele's E-Paper® display patents and technology with the right to sublicense the technology to third parties and a non-exclusive license for CopyTele's Nano Display patents and technology with the right to consent to the granting of licenses of the Nano Display technology to third parties. Under the agreements, AUO will pay CopyTele aggregate license fees of US $10 million, $3 million payable as an initial fee and $7 million upon completion of certain conditions for the respective technologies. The terms of the agreements provide for the basis for royalty payments by AUO to CopyTele.

CopyTele Licenses Technology to AUO For E-Paper® and Nano Displays

Melville, NY | Posted on June 1st, 2011

Our advanced E-Paper® electrophoretic display technology utilizes specially coated particles in combination with a unique type of pixel structure to create an image. This new technology is applicable for electronic books and other low power applications. Our Nano display technology incorporates a new type of low voltage color phosphors in combination with nano materials and an electron emission system utilizing nano materials to produce color video information. CopyTele's Nano Display is applicable to small hand-held and larger size applications including TV's.

CopyTele Chairman and CEO, Denis A. Krusos, said, "We are pleased to have an agreement with AUO, one of the world's leaders in flat panel displays. With the addition of AUO, CopyTele has the opportunity to bring its display technologies into all phases of the world-wide display marketplace."

AUO is a global leader of thin film transistor liquid crystal display panels (TFT-LCD). AUO is able to provide customers with a full range of panel sizes and comprehensive applications, offering TFT-LCD panels in sizes ranging from 1.2 inches to greater than 71 inches. AUO generated NT $467.2 billion in sales revenue in 2010 (US $16 billion*) with global operations in Taiwan, Mainland China, Japan, Singapore, South Korea, the U.S., and Europe. Additionally, AUO is the first pure TFT-LCD manufacturer to be successfully listed at the New York Stock Exchange (NYSE). AUO extended its market to the green energy industry in late 2008. The Display and Solar businesses were established respectively as the Company's two core businesses in October, 2010. For more information, please visit AUO.com.

*2010 year end revenue converted at an exchange rate of NTD29.14:USD1.

####

About CopyTele, Inc.
CopyTele’s principal operations include the development, production and marketing of thin flat display technologies, including low-voltage phosphor color displays and low-power passive E-Paper® displays, and the development, production and marketing of multi-functional encryption products that provide information security for domestic and international users over virtually every communications media. For more information on CopyTele, please visit CopyTele.com.

Forward-Looking Statements:

Statements that are not historical fact may be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not statements of historical facts, but rather reflect CopyTele’s current expectations concerning future events and results. CopyTele generally uses the words “believes”, “expects”, “intends”, “plans”, “anticipates”, “likely”, “will” and similar expressions to identify forward-looking statements. Such forward-looking statements, including those concerning CopyTele’s expectations, involve known and unknown risks, uncertainties and other factors, some of which are beyond CopyTele’s control, which may cause CopyTele’s actual results, performance or achievements, or industry results, to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. In evaluating such statements as well as the future prospects of CopyTele, specific consideration should be given to various factors, including the following: CopyTele’s prior history of losses and negative cash flows from operations; CopyTele’s ability to obtain debt or equity financing to continue our marketing, research and development activities, on terms acceptable to CopyTele, if cash generated from operations is insufficient to satisfy our liquidity requirements; CopyTele’s ability to commercialize a full-color video display; the possible development of competitive products that could render CopyTele’s products obsolete or unmarketable; and other risks as detailed from time-to-time in CopyTele’s filings with the Securities and Exchange Commission. CopyTele undertakes no obligation to update any forward-looking statements as a result of new information, unanticipated events, or otherwise.

For more information, please click here

Contacts:
CopyTele, Inc.
Anne Rotondo
631-549-5900

Copyright © Business Wire

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

Iranian Scientists Use Artemisia Annua Plant to Produce Breast Cancer Drugs August 29th, 2015

Small but heading for the big time: Nanobiotix half year results for the six months ended 30 June 2015, in line with expectations: Major clinical achievements and corporate developments August 28th, 2015

A new technique to make drugs more soluble August 28th, 2015

Nanocatalysts improve processes for the petrochemical industry August 28th, 2015

Display technology/LEDs/SS Lighting/OLEDs

'Quantum dot' technology may help light the future August 19th, 2015

High-precision control of nanoparticles for digital applications August 19th, 2015

Flexible, biodegradable device can generate power from touch (video) August 12th, 2015

New research may enhance display & LED lighting technology: Large-area integration of quantum dots and photonic crystals produce brighter and more efficient light August 9th, 2015

Nanoelectronics

Nanotechnology that will impact the Security & Defense sectors to be discussed at NanoSD2015 conference August 25th, 2015

'Quantum dot' technology may help light the future August 19th, 2015

Surprising discoveries about 2-D molybdenum disulfide: Berkeley Lab researchers use award-winning campanile probe on promising semiconductor August 15th, 2015

Better together: Graphene-nanotube hybrid switches August 3rd, 2015

Announcements

Iranian Scientists Use Artemisia Annua Plant to Produce Breast Cancer Drugs August 29th, 2015

Small but heading for the big time: Nanobiotix half year results for the six months ended 30 June 2015, in line with expectations: Major clinical achievements and corporate developments August 28th, 2015

A new technique to make drugs more soluble August 28th, 2015

Nanocatalysts improve processes for the petrochemical industry August 28th, 2015

Patents/IP/Tech Transfer/Licensing

Developing Component Scale Composites Using Nanocarbons August 26th, 2015

Industrial Nanotech, Inc. Provides Update On Hospital Project, PCAOB Audit, and New Heat Shield™ Line August 24th, 2015

Revolutionary MIT-Developed Nanotechnology Company Showcases at CAMX in Dallas August 20th, 2015

'Quantum dot' technology may help light the future August 19th, 2015

NanoNews-Digest
The latest news from around the world, FREE



  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project







Car Brands
Buy website traffic