EMA Emagin Corp

eMagin Corporation (AMEX:EMA), the leader in organic light-emitting diode (OLED) microdisplays, today announced the first four product offerings of its breakthrough OLED-XL(TM) microdisplay portfolio. eMagin's proprietary OLED-XL displays provide a new level of high performance imaging, with up to 410,000 hours luminance life, the widest temperature range, and the lowest power requirement of any commercially available SVGA resolution microdisplay system. Combined with magnifying optics, OLED-XL displays create large, high resolution virtual images that are extremely compact and portable for use in personal display systems for applications ranging from PC gaming, portable media players such as iPods, and wireless Internet appliances to thermal imaging, situational awareness, and training and simulation, as well as other emerging consumer, industrial, and military near-eye display applications. OLED-XL displays are built on eMagin's original active matrix SVGA-3D and SVGA+ integrated circuits, using the same electronic interfaces to facilitate drop-in capability for OEMs. Incorporation of a unique merger of advanced OLED materials with eMagin's new top-emitting stacked device structures, built using proprietary processes, yield significant improvements in lifetime and luminance for the new class of displays. The new OLED-XL devices typically have 6-10 times longer luminance half life and exhibit 3-5 times the efficiency, depending on the specific OLED-XL product and operating parameters. This large efficiency increase permits OLED-XL displays to be capable of much higher luminance without any added power consumption. Typical power consumption of a full color SVGA+ or SVGA 3D OLED-XL display running 60 Hz movie-like video at 60 cd/m2 is less than 300 mW. No heaters or special modes are required to achieve high quality, instant-on video performance at temperatures between -67 degrees F (-55 degrees C) and +185 degrees F (+85 degrees C). "OLED-XL technology is a very important advance for OLED devices. Less power is required to achieve a chosen brightness, and OLED-XL displays offer up to an order of magnitude longer luminance half-life and significantly higher OLED efficiency over our already high-performing OLED displays," said Susan Jones, eMagin's chief marketing officer. "Our breakthrough OLED-XL displays will open up more virtual imaging applications that require higher luminance and longer luminance half-life, such as see-through imaging applications. These displays will also be useful to customers requiring the longest battery life possible for viewing high performance, high resolution images. These enhancements show our commitment to continual improvement of products to meet our customers' needs, and raise a new standard for near-eye displays for a wide range of mobile imaging applications." SVGA+ OLED-XL displays (852x3x600 pixels) are available in full color, white monochrome, and green monochrome. SVGA-3D OLED-XL displays (800x3x600 pixels) are available in full-color. eMagin's original OLED displays remain available in the same array of colors. OLED displays are already the core imager for many military, industrial, commercial, and consumer imaging systems. Typical characteristics measured: -0- *T (1) SVGA+ Full-Color OLED OLED-XL (EMA-100080) (EMA-100160) ---------------------------------------------------------------------- Maximum display luminance 250 cd/m2 1,000 cd/m2 ---------------------------------------------------------------------- Efficiency after filters 0.5 cd/A 2.1 cd/A ---------------------------------------------------------------------- Video half life @ 60 cd/m2 11,000 hr 75,000 hr ---------------------------------------------------------------------- (2) SVGA+ Green Monochrome OLED OLED-XL (EMA-100110) (EMA-100162) ---------------------------------------------------------------------- Maximum display luminance 3,500 cd/m2 14,000 cd/m2 ---------------------------------------------------------------------- Efficiency 3.5 cd/A 18 cd/A ---------------------------------------------------------------------- Video half life @ 1000 cd/m2 2,500 hr 24,000 hr ---------------------------------------------------------------------- Video half life @ 60 cd/m2 38,000 hr 410,000 hr ---------------------------------------------------------------------- (3) SVGA+ White Monochrome OLED OLED-XL (EMA-100100) (EMA-100161) ---------------------------------------------------------------------- Maximum display luminance 1200 cd/m2 5,000 cd/m2 ---------------------------------------------------------------------- Efficiency 2.5 cd/A 10.5 cd/A ---------------------------------------------------------------------- Video half life @ 60 cd/m2 45,000 hr 320,000 hr ---------------------------------------------------------------------- (4) SVGA 3D Full-Color OLED OLED-XL (EMA-100052) (EMA-100163) ---------------------------------------------------------------------- Maximum display luminance 250 cd/m2 1,000 cd/m2 ---------------------------------------------------------------------- Efficiency after filters 0.5 cd/A 2.1 cd/A ---------------------------------------------------------------------- Video half life @ 60 cd/m2 11,000 hr 75,000 hr ---------------------------------------------------------------------- *T Note: Maximum luminance is measured in high luminance mode. Video half life is based on extrapolated accelerated test data over 2500 actual hours and assuming a nominal 25% duty cycle movie-like video at approximately 70 degrees F and at above stated peak pixel luminance. All values are typical of or extrapolated from display data taken during testing. 60cd/m2 is a typical display surface luminance used in many near-to-eye virtual imaging video applications. Interested OEMs should contact eMagin customer support at sales@emagin.com to request quotations or additional information about OLED-XL display evaluation kits. OLED-XL displays are available now in sample quantities. About eMagin Corporation A leader in personal display systems and OLED microdisplay technologies, eMagin integrates high-resolution OLED microdisplays, magnifying optics, and systems technologies to create a virtual image that appears comparable to that of a computer monitor or a large-screen television. eMagin's OLED displays have broad market reach and are incorporated into a variety of near-to-eye imaging products by military, industrial, medical and consumer OEMs, who choose eMagin's award-winning technology as a core component for their solutions. eMagin's first personal display system, the Z800 3DVisor, which provides superb 3D stereovision and headtracking for PC gaming, training and simulation, and other applications. It won the CEA's Innovation of Year award in the digital display category and won additional recognition in the electronic gaming category. eMagin's microdisplay manufacturing and R&D operations are co-located with IBM on its campus in East Fishkill, New York. System design facilities and sales and marketing are located in Bellevue, Washington. A sales office is located in Tokyo, Japan. For additional information, please visit www.emagin.com and www.3dvisor.com. Forward Looking Statements This press 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, including those regarding eMagin Corporation and its subsidiaries' expectations, intentions, strategies and beliefs pertaining to future events or future financial performance. All statements contained herein are based upon information available to eMagin's management as of the date hereof, and actual results may vary based upon future events, both within and without eMagin management's control. 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.