Posted: 04.08.2008 Go Back Print This Article

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MED signs MoU for strategic partnership

MicroEmissive Displays (MED) has announced that it has signed a Memorandum of Understanding (MoU) with Universal Scientific Industrial (USI) of Taiwan.

The MOU with this leading global design and manufacturing services company will lead to the production of plug and play display modules for the mobile multimedia accessories market.

The MOU sets out a framework for the collaborative partnership between MED and USI to develop and produce Head Mounted Display (HMD) modules incorporating the eyescreen microdisplay from MED. Under the agreement USI will assemble complete display modules, which will be offered as a turnkey solution to the major players in the global HMD market.

Commenting on the agreement, MED Chief Executive, Bill Miller said, “This MOU represents another important step forward for MED and illustrates the traction we are enjoying with potential partners and customers. The performance capabilities and low power demands of the eyescreen differentiate our product from the incumbent technologies currently servicing the HMD market. We are delighted to be partnering with a global player in USI and look forward to working with them to produce a world class module.”

The P-OLED eyescreen from MED offers exceptional image quality without the need of backlighting, this along with its size and power efficiency enables it to be directly attached to the HMD bridge thereby reducing manufacturing complexity.