Liteye Steps Up Production Orders of eMagin OLED Microdisplays; Production Systems Going to USA, Europe, and Australia
October 04 2005 - 7:27AM
Business Wire
Liteye Systems, Inc. announced today that it has placed an order
for initial production quantities of OLED microdisplays
manufactured by eMagin Corporation (AMEX: EMA) to fill orders
received from military and industrial customers in the United
States, Europe, and Australia. Liteye has been developing low-power
rugged monocular displays based on eMagin's OLED microdisplays for
more than two years. Kenneth Geyer, vice president of development,
Liteye Systems, noted that the new orders come from numerous
military and industrial customers who are moving from the testing
and evaluation phase into deployment. "The outlook for 2006 and
2007 is bright as we anticipate additional programs moving into
deployment phases." Geyer noted that Liteye products are now in use
in areas as diverse as dismounted soldier programs, infrared
cameras, telemedicine, portable ultrasound, and the maintenance and
repair markets. "We are pleased that Liteye has chosen our displays
for these products," said Susan Jones, executive vice president and
chief marketing and strategy officer, eMagin Corporation. "Liteye's
advances in optics and electronics with their LE-450 and LE-500
amplify the utility of the OLED displays in delivering outstanding
low-power near-eye systems." About Liteye Systems Liteye Systems,
located in Centennial Colorado, is a leading designer and
manufacturer of head mounted displays and miniature display
solutions. The Liteye family of products is distinguished by their
unique combination of patented optics and rugged lightweight
designs. Liteye integrates OLED microdisplays with other
technologies to provide solutions to military, industrial, medical,
and infrared customers worldwide. Their newest product, the
see-through LE-500, is the latest in a long line of HMD solutions.
For more information about Liteye Systems visit
http://www.liteye.com or call (720) 974-1766. About eMagin
Corporation A leader in OLED microdisplay and virtual imaging
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 has recently introduced its first
direct-to-consumer system, the Z800 3DVisor, which provides superb
3D stereovision and headtracking for PC gaming, training and
simulation, and business applications. 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.
Emagin (AMEX:EMA)
Historical Stock Chart
From Nov 2024 to Dec 2024
Emagin (AMEX:EMA)
Historical Stock Chart
From Dec 2023 to Dec 2024