MED Signs Distribution Agreement for Korea
September 1, 2008
MicroEmissive Displays, the P-OLED microdisplay specialist, is expanding its sales network in Asia with the appointment of a new distribution partner in Korea. The new distribution agreement enables MtekGlobal Inc to market innovative microdisplay products from MED to designers of mobile multimedia accessories and electronic viewfinders throughout Korea.
Announcing the agreement, Bill Miller, CEO at MED said, “Following on from our recent partnership agreements in Japan and Taiwan, the distribution agreement with MtekGlobal in Korea adds additional weight to our Asian sales network. Korea is recognised as a leading market for the adoption of innovative consumer technologies. The team at MtekGlobal has a tremendous amount of experience in launching advanced display technologies to global consumer brands based in Korea and we are looking forward to working closely with them.”
“MED is increasingly being recognized as a world leader in P-OLED microdisplay technology. There is a rapidly growing demand for technology such as this in the portable HMD and EVF markets both in Korea and globally. We firmly believe MED’s P-OLED displays will revolutionise the way we watch TV and video on the move, enabling the mobile TV revolution” commented MtekGlobal Managing Director, Stephen Lee.
MtekGlobal Inc. is a dynamic Korean display company specialising in the launch of various next generation display technologies, applications, patents and IP to global display giants such as SAMSUNG ELECTRONICS and LG Display. The company has extensive experience in launching early-bird IT technologies into the display, mobile phone and wireless telecommunications markets in Korea - a renowned test bed of new technologies.
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’ microdisplays were made in 2005. The company held the official opening of its volume manufacturing facility in Dresden, Germany in May 2007.
MicroEmissive Displays has been awarded ISO 9001:2000 registration for the research, design, development, marketing, manufacturing and sales of digital microdisplay solutions. MicroEmissive Displays is headquartered at the Scottish Microelectronics Centre, Edinburgh, Scotland and its manufacturing site is in Dresden, Germany. The company employs more than 70 people and also has sales representatives and applications support located in Asia, the USA and Europe.
MicroEmissive Displays’ products are the world’s only polymer organic light emitting diode (P-OLED) microdisplays. The full colour P-OLED microdisplay combines superb TV quality moving video images that are free from flicker, with ultra-low power consumption, enabling greatly extended battery life for the consumer. This enhancement in battery usage time will play a vital role in the widespread adoption of portable head-sets for personal TV and video viewing in the consumer marketplace. The innovative design of the microdisplay, with its integrated driver ICs and its digital interface, offers product design engineers a fast, robust design-in solution for smaller, lighter-weight, stylish products of the future, all for a size comparable with the pupil of the human eye.
Finalist at the Elektra Awards 2007 in the Research and Development category
Short-listed for the Best of British Industry Awards 2006, Next Generation Award
Winner of IEE Innovation in Engineering Award 2005, Emerging Technologies Award
Winner Gannochy Medal 2004, Professor Ian Underwood - Scotland’s Top Innovator
Winner European Semiconductor Start-Up of the Year 2004
Listed in Tornado Insider’s Top 100 in 2003
Listed in Tornado Insider’s Top 100 in 2002