MED.L Regulatory News (MED)

3 Jun 2005 07:00

MicroEmissive Displays Group PLC03 June 2005 3 June 2005 Trading Update The Directors of MicroEmissive Displays Group plc (MED) have conducted a reviewof the company's manufacturing process. Strong progress has been made in theyield of silicon wafers and device packaging however, the Directors are notsatisfied with the yield of the display manufacturing process. This directly affects manufacturing yields both for immediate product shipmentand future volume manufacturing. A range of engineering solutions is availableand product shipments incorporating these are expected to commence in Q4 2005.The pre-production commissioning of volume manufacture is now expected tocommence in mid 2006. MED's customers have been advised of these developments and they maintain theircommitments to the company. This information is provided by RNS The company news service from the London Stock Exchange