Less Ads, More Data, More Tools Register for FREE

Pin to quick picksMED.L Regulatory News (MED)

  • There is currently no data for MED

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

MOU Signed

2 Jul 2008 07:00

RNS Number : 0866Y
MicroEmissive Displays Group PLC
02 July 2008
 



For release: 2 July 2008

MicroEmissive Displays Group plc

("MED" or "the Company")

MED Signs MOU for Strategic Partnership

MED, the AIM listed designer and manufacturer of low-power light emitting polymer displays, is pleased to announce that it has signed a Memorandum Of Understanding ("MOU") relating to a strategic partnership with Kaga Components Ltd ("Kaga"), one of Japan's leading electronic component manufacturers and distributors (part of the Kaga Electronics Group). 

According to the terms of the MOU, MED will partner with Kaga, supplying its revolutionary eyescreen™ displays for incorporation into Kaga Components' electronic view finder (EVF) lens modules, to create new products for the Japanese digital camera market.

MED's unique lightweight, low-power eyescreen display has distinct advantages over existing LCD technology in that it dispenses with power hungry and bulky backlighting resulting in a smaller, more efficient module. Eyescreen™ is therefore ideally placed to exploit the opportunities in the growing EVF market. 

Commenting on the agreement, MED Chief Executive Bill Miller, said: "Last year around 120 million digital cameras were produced by Japanese companies for the world markets, with manufacturers moving toward the incorporation of EVFs in new designs rather than traditional optical lenses. This MOU represents a significant step forward for MED and a chance to showcase eyescreen's™ considerable quality and power advantages. The EVF market in digital cameras is a significant opportunity for our product and we look forward to developing a strong relationship with a partner of the calibre and market presence of Kaga."

 

For further information, please contact: www.microemissive.com

MicroEmissive Displays

Arbuthot Securities 

Bill Miller, Chief Executive

Neil Kirton / John Prior

Tel: 0131 650 7764

Tel: 020 7012 2000

Tavistock Communications

Matt Ridsdale / Andrew Dunn

Tel: 020 7920 3150

Notes to Editors

About MicroEmissive Displays 

MicroEmissive Displays (MED - AIM, London Stock Exchange) is a leader in polymer organic light emitting diode (P-OLED) microdisplay technology. The Company was founded in 1999 and has developed a unique emissive microdisplay technology by using a P-OLED layer on a CMOS substrate. In late 2004, MicroEmissive Displays floated on the Alternative Investment Market of the London Stock Exchange (AIM) and the first product release and commercial shipments of MicroEmissive Displays' eyescreen™ microdisplays were made in 2005. The Company held the official opening of its volume manufacturing facility in Dresden, Germany in May 2007.

 

About Kaga Components Ltd

Kaga Components Ltd is part of the Kaga Electronics Group. Kaga Electronics was established in 1968 and is a global distributor of electronic components and electronic sub-systems with offices in Japan, Hong Kong, Singapore, Seoul, TaipeiUK and USA. The company also sells computer hardware under its own brand "TAXAN." Kaga also develops firmware and applications software for its customers. In September 1997, Kaga Electronics became a publicly traded company on the Tokyo Stock Exchange. The company has its head offices in Tokyo, Japan.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
AGRSSDFWFSASEDW
Date   Source Headline
23rd May 20177:00 amRNSAGM Statement
26th Apr 20177:00 amRNSNotice of AGM
4th Apr 20172:53 pmRNSGrant of options
22nd Mar 20178:35 amRNSFinal Results
26th Jan 201711:30 amRNSPatent Infringement Settlement & Trading update
16th Dec 20167:24 amRNSPatent Infringement Settlement
27th Oct 20167:00 amRNSNew Ultrasound Simulation Suite with ScanTrainer
22nd Sep 20167:00 amRNSDirector appointment
15th Sep 20167:00 amRNSScanTrainer Professional approved for CPD points
12th Sep 20167:00 amRNSBSE approves HeartWorkd eLearn for TOE syllabus
8th Sep 20167:01 amRNSLaunch of new ScanExaminer simulator
8th Sep 20167:00 amRNSNotice of material contract change
12th Aug 20162:40 pmRNSHolding(s) in Company
3rd Aug 20167:01 amRNSAcquisition
3rd Aug 20167:00 amRNSHalf-year Report
5th Jul 20167:00 amRNSMedaphor North America expands US sales team
29th Jun 20167:00 amRNSUpdates to ScanTrainer Professional 2016 version
11th May 201611:20 amRNSResult of AGM
11th May 20167:00 amRNSAGM Statement
27th Apr 20167:00 amRNSNotice of Patent Infringement Proceedings
20th Apr 201610:49 amRNSHolding(s) in Company
19th Apr 201612:05 pmRNSResult of General Meeting
8th Apr 201611:28 amRNSNotice of AGM
1st Apr 20167:00 amRNSFinal Results
1st Apr 20167:00 amRNSPlacing to raise £3.2 million
1st Mar 20167:00 amRNSMedaPhor signs agreement with ABOG
18th Jan 20167:00 amRNSLaunch of Cloud 2 service
8th Dec 20158:43 amRNSCorrection: Trading Update
8th Dec 20157:00 amRNSTrading Update
26th Nov 20157:00 amRNSMedaPhor signs reseller partner in France
11th Nov 20157:00 amRNSContract win with Teesside University
27th Oct 20157:00 amRNSMedaPhor expands into Spain and Portugal
1st Oct 20157:00 amRNSContract Win
8th Sep 20157:00 amRNSScanTrainer passes patient case milestone
30th Jul 20157:00 amRNSInterim Results
13th Jul 20157:00 amRNSEnhancement to ScanTrainer product portfolio
24th Jun 20157:00 amRNSCollaboration with Inventive Medical
6th May 201512:15 pmRNSResult of AGM
6th May 20157:01 amRNSAGM Statement
30th Apr 20157:00 amRNSScanTrainer released in French, German and Spanish
2nd Apr 20157:00 amRNSExpansion into South Africa
1st Apr 20157:00 amRNSNotice of AGM
12th Mar 20157:00 amRNSPreliminary Results
3rd Mar 20157:00 amRNSScanTrainer released in Chinese and Japanese
28th Jan 20157:00 amRNSInnovators & Investors Forum
26th Jan 201510:12 amRNSNew module launched to enhance product offering
8th Jan 20157:00 amRNSTrading Statement
19th Dec 20142:28 pmRNSIssue of Equity
11th Nov 20147:00 amRNSLaunch of software update and cloud connectivity
24th Sep 20147:00 amRNSHalf Yearly Report

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.