Press release

E Ink Further Strengthens Collaboration with Plastic Logic and in Organic TFT Technologies Through Strategic Investment

Sponsored by Businesswire

E Ink Holdings, “E Ink” (8069.TW), the leading innovator of electronic
ink technology, today announced a strategic investment in Plastic Logic
HK, the newly formed fabless designer and manufacturer of flexible,
glass-free electrophoretic displays (EPDs), focused on Organic TFT
(OTFT) technology that is suitable for developing flexible EPD devices
in wearables applications.

The market for wearable technology will reach $70 billion by 2025, with
medical, fitness and wellness expected to be the dominant sectors,
according to IDTechEx. The always-on nature of E Ink technology combined
with the flexible feature of Organic TFT are ideally suited for
wearables, especially for clothing.

OTFT technology offers a light-weight and robust backplane solution for
wearable devices. “With the advancement of E Ink’s materials, such as
three-color ePaper materials and ACeP (Advanced Color ePaper), the
combination of color ePaper and Organic TFT technology can be an
attractive display solution for many wearable device manufacturers,”
said Johnson Lee, President of E Ink Holdings. “E Ink supports its
ecosystem partners, including Plastic Logic, to help enlarge the market
for ePaper applications to facilitate the vision of E Ink making every
surface smart.”

Plastic Logic HK was formed by Rusnano to bring commercial mass produced
OTFT EPDs to market, building upon the legacy of nearly ten years of
investment and support of the technology.

“Using technology originating at Cambridge University, Plastic Logic HK
has exclusive access to the leading OTFT technology and is the only
company in the industry that can mass produce OTFT backplanes for
electronic paper displays,” Tim Burne, CEO, Plastic Logic HK commented.
“Following this investment we are delighted to be working more closely
with E Ink as Plastic Logic HK completes the last stage of transition to
a fabless OTFT EPD display business. Plastic Logic HK will be leveraging
E Ink’s supply chain and module facility to improve the cost structure
of Plastic Logic’s organic ePaper display module. Plastic Logic HK is a
fabless entity that will partner with existing TFT makers to enable them
to use the patented organic TFT design and processes needed to make
OTFT-based EPD displays.”

About E Ink Holdings

E Ink Holdings Inc. (8069.TWO), based on technology from MIT’s Media
Lab, has transformed and defined the eReader market and is redefining
the signage, architecture and design, mobile, wearable and retail
markets with its ePaper technology, enabling a new multi-billion dollar
market in less than 10 years. Its corporate philosophy aims to deliver
revolutionary products, user experiences and environmental benefits
through advanced technology development. This vision has led to its
continuous investments in the field of ePaper displays as well as
expanding the use of its technologies into a number of other markets and
applications including smart packaging and fashion. Its Electrophoretic
Display products make it the worldwide leader for ePaper. Its Fringe
Field Switching (FFS) technologies are a standard for high-end LCD
displays and have been licensed to all major liquid crystal display
makers in the world. Listed in Taiwan’s Taipei Exchange (TPEx) and the
Luxembourg market, E Ink Holdings is now the world’s largest supplier of
ePaper displays. For more information please visit


RUSNANO Joint-Stock Company was founded in March 2011 through the
reorganization of state corporation Russian Corporation of
Nanotechnologies. JSC RUSNANO contributes to the implementation of the
state policy on the development of the nanotechnology industry by
investing directly and through investment funds of nanotechnology in
financially effective high-technology projects providing the development
of new production facilities in the Russian Federation. Its primary
investment focus is in electronics, optoelectronics and
telecommunications, healthcare and biotechnology, metallurgy and
metalwork, energy, mechanical engineering and instrument making,
construction and industrial materials, chemicals and petrochemicals. 100
percent of RUSNANO’s shares are state owned. Thanks to RUSNANO’s
investments, there are currently 97 factories and R&D Centers opened in
37 regions in Russia. JSC RUSNANO has been profitable for the last 5

Management of assets of RUSNANO JSC is carried out by a Limited
Liability Company established in December 2013, the RUSNANO Management
Company. Anatoly Chubais is the Chairman of its Executive Board.

Work to establish nanotechnology infrastructure and carry out
educational programs is fulfilled by RUSNANO’s Fund for Infrastructure
and Educational Programs, which was also established during the
reorganization of the Russian Corporation of Nanotechnologies.

About Plastic Logic HK

Plastic Logic HK is the leader in the development and manufacture of
innovative flexible, plastic electronics based and glass-free
electrophoretic displays (EPD). The company builds upon world renowned
heritage of early leadership in the field of flexible electronics
manufacturing and inherits a legacy that includes the set up and
operation a full-scale, pilot facility in Dresden, Germany, with over a
decade of experience.

Having fully industrialised the process, Plastic Logic has now
outsourced manufacture of the most flexible and robust EPDs on the
market to volume production partners. Its displays are available in a
wide range of sizes, including custom display solutions for high volume
orders. Plastic Logic’s EPDs offer a range of advantages over
conventional EPDs being truly flexible, lightweight and shatterproof in
addition to the inherent daylight readability and low power consumption
of conventional EPDs.

Plastic Logic’s glass-free, flexible displays have been integrated in a
wide range of applications including smart cards, mobile devices
(smartphone accessories and eNotes, eSchoolbooks), digital signage,
electronic badges and wearables (smart jewellery and sports accessories
amongst others).