Distribution Agreements

4 May 2007 07:00

MicroEmissive Displays Group PLC04 May 2007 For immediate release: 4 May 2007 MicroEmissive Displays Group plc ("MED" or the "Company") Product Update and Distribution Agreements MED (AIM: MED.L), the AIM listed designer and manufacturer of low-power lightemitting polymer displays, today announces progress on both its productmanufacturing and distribution strategies. MED announces that it has successfully produced the first working samples oftheir next-generation eyescreenTM at their new volume manufacturing facility inDresden, Germany. It is anticipated that the facility, officially opened on 3May 2007, will significantly enhance MED's ability to manufacture its enablingnext generation product. The Company is experiencing continuing demand for its next generation product,partly as a result of the Company's recently implemented sales and marketingstrategy. In addition to the stocking and distribution agreement with CytechTechnology Limited for Hong Kong and China announced by the Company in January,distribution agreements are now in place across the whole of Europe, Singapore,Malaysia, India, Taiwan and Korea. The Company will continue to seek similaragreements in other territories. Commenting on the progress, Bill Miller, Chief Executive of MED, said: "Thesefirst samples from our new state-of-the-art facility in Dresden, are exactlyin-line with our volume manufacturing commitments and we remain on track tocommence volume shipments to our customers in July this year. Our sales andmarketing strategy is successfully creating growing global demand for our uniqueand highly innovative product. I am pleased with the progress that our teams inGermany and Scotland have made to date and we will continue to cement MED'sposition as a leading innovator and producer of display technology." - ends - For further information, please contact: www.microemissive.com Microemissive Displays 0131 650 7764Bill Miller, Chief Executive Arbuthnot Securities 020 7012 2000Neil Kirton / Ian Williams Tavistock Communications 020 7920 3150Matt Ridsdale/Andrew Dunn This information is provided by RNS The company news service from the London Stock Exchange