Cambridge Display Technology, Inc. (CDT) is the pioneer and leader in the development of Polymer Organic Light Emitting Diodes (P-OLED) and their use in next generation flat panel displays (FPDs). CDT’s primary goal is to establish P-OLEDs as the leading technology for the FPD industry through the use of its extensive intellectual property (IP) portfolio, manufacturing process and engineering expertise, and partnerships with leading display companies. To date, CDT has licensed its P-OLED technology to numerous companies including Seiko Epson, Osram, DuPont, Philips and Delta Optoelectronics. Several products incorporating the Company’s licensed P-OLED technology have been introduced into the commercial market, including a mobile phone, an electric shaver, several MP3 players, medical devices and a range of point of purchase and other promotional items. Currently, the commercial products incorporating CDT’s P-OLED technology have incorporated small monochrome displays, and a number of CDT’s licensees and development partners have demonstrated full-color display prototypes using P-OLED technology.