(EMAILWIRE.COM, August 25, 2003 ) Hopewell Junction, NY -- eMagin Corporation (AMEX:EMA) today announced that the Company has been granted two patents by the U.S. Patent and Trademark Office for inventions which can enhance the energy efficiency and the environmental stability of flat-panel displays. The issued patents are entitled "Inorganic-Based Color Conversion Matrix Element For Organic Color Display Devices And Method Of Fabrication," and "Apparatus And Method For Solder-Sealing An Active Matrix Organic Light Emitting Diode."

The inorganic color conversion matrix (CCM) patent represents a breakthrough innovation by eliminating the need for application of a color filter, similar to those used in liquid crystal displays (LCDs), and could potentially improve the energy efficiency of light generation by a factor of 3. The new OLED display device described in the patent incorporates an addressable two-dimensional matrix of organic light emitting diodes that emits monochrome light, a CCM element capable of absorbing the monochrome light and re-emitting that light at different wavelengths, and cover element. The CCM pixel can create full-color capable triads of red, green, and blue color by converting blue light and shorter wavelengths into green or red using nanocrystals of color conversion material. The size distribution of the nanocrystals may be precisely controlled to define the capability for color conversion to a particular wavelength of re-emitted light. The innovation is potentially applicable and beneficial to both LCDs and OLEDs, but is expected to provide the highest efficiency when used with OLED microdisplays or larger sized direct-view OLED screens. The assigned U.S. Patent number is 6,608,439.

The sealing patent describes a new apparatus and method of solder-sealing an active matrix OLED display, using a solid-state laser beam in one variation, which permits a truly hermetic seal to be made at reasonable cost on a wide variety of substrate types including silicon, glass, plastic, or metal. Alternative sealing techniques currently in use by many companies employ adhesive seals that can permit water to diffuse into the display, especially under hot and moist conditions. This invention is of primary potential benefit to medium to large size OLED displays and is especially useful for sealing moisture sensitive electronics such as video displays that are to be used in rugged or tropical environment applications. The assigned U.S. Patent number is 6,608,283.

Both inventions are potentially applicable to a large number of electronic device applications and display sizes, and are useful for OLED as well as other varieties of flat panel displays. These patents will be considered for licensing for applications not competitive to eMagin's microdisplay business.

"Our intellectual property continues to be one of our strongest assets as we successfully develop and expand our markets and for potential licensing to companies outside of our near-to-eye microdisplay field," said Susan Jones, eMagin's executive vice president.

About eMagin
The world leader in organic light emitting diode (OLED)-on-silicon microdisplay technology, eMagin combines integrated circuits, microdisplays, and optics to create a virtual image similar to the real image of a computer monitor or large screen TV. eMagin invented the award-winning SVGA and SVGA-3D OLED microdisplays, the world's first single-chip color video OLED microdisplay and embedded controller for advanced virtual imaging. eMagin's microdisplay systems are expected to enable new mass markets for wearable personal computers, wireless Internet appliances, portable DVD-viewers, digital cameras, and other emerging applications for consumer, industrial, and military applications. OLED microdisplays demonstrate performance characteristics important to military and other demanding commercial and industrial applications including low power consumption, high brightness and resolution, wide dimming range, wider temperature operating ranges, shock and vibration resistance, and insensitivity to high G-forces. eMagin's corporate headquarters and microdisplay operations are co-located with IBM on its campus in East Fishkill, N.Y. Optics and system design facilities are located at its wholly owned subsidiary, Virtual Vision, Inc., in Redmond, WA. Additional information is available at http://www.emagin.com or info@emagin.com.

Forward Looking Statements
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential" or "continue," the negative of such terms, or other comparable terminology. These statements are only predictions. Actual events or results may differ materially from those in the forward-looking statements as a result of various important factors, including those described in the Company's most recent filings with the SEC. Although we believe that the expectations reflected in the forward-looking statements are reasonable, such statements should not be regarded as a representation by the Company, or any other person, that such forward-looking statements will be achieved. The business and operations of the Company are subject to substantial risks which increase the uncertainty inherent in forward-looking statements. We undertake no duty to update any of the forward-looking statements, whether as a result of new information, future events or otherwise. In light of the foregoing, readers are cautioned not to place undue reliance on such forward-looking statements.

###

Contact Information:
eMagin
Joseph Nchor
Tel:
Email us


This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.