Press Release
E INK CORPORATION ANNOUNCES RECEIPT OF DARPA FUNDING GRANT
DARPA Funding To Help Develop Specialty Applications For Electronic Ink
Cambridge, MA. - October 27, 1998 – E Ink Corporation, a leading developer of revolutionary electronic displays based on "electronic ink" that can be printed onto paper and other flexible surfaces, today announced that it has received $373,000 in research and development funds from the Defense Advanced Research Projects Agency (DARPA). The research funding will help support the rapid development of E Ink's electronic ink and specialty display applications.
"We regard the DARPA grant as extremely prestigious for our company and a real vote of confidence in the potential for electronic ink technology," said Jim Iuliano, president and CEO of E Ink. "DARPA has an outstanding history of identifying and helping nurture high-return technologies for the future. We are currently in the final research and development stages of our electronic ink and we are already working on some commercial-sector products. The interest and funding from DARPA will not only help us with our commercialization efforts but will let us explore some novel display applications for our electronic ink applications that will benefit both government and commercial markets and put displays in places never before possible. Our electronic ink can be applied to virtually any surface, allowing novel display applications that will help everyday objects such as appliances and consumer electronics communicate visually," concluded Iuliano.
About DARPA
The Defense Advanced Research Projects Agency (DARPA) is the central research and development organization for the Department of Defense (DoD). It manages and directs selected basic and applied research and development projects for DoD, and pursues research and technology where success may provide dramatic advances for both military roles and missions as well as for dual-use applications. DARPA-funded research has been instrumental in the development of technologies including the Internet, Multichip Modules (McM's) and the Global Positioning System.
About E Ink Holdings
Founded in 1992 by Taiwan's leading papermaking and printing group YFY (1907.TW), E Ink Holdings Inc. "E Ink" (8069.TW) is the pioneer of TFT and ePaper business in Taiwan. Its corporate philosophy aims to deliver revolutionary products, user experiences, and environmental benefits through advanced technology development. This vision has led to its continuous investments in the field of ePaper display as well as its 2008 acquisition of Hydis Technologies, manufacturer of the world's best wide viewing angle LCDs and its 2009 acquisition of E Ink Corp., the worldwide leader in ePaper. Listed in Taiwan's GreTai Securities Market and the Luxembourg market, E Ink is now the world's largest supplier of displays to the eBook market. For corporate information, please visit www.einkgroup.com; for EPD information, please visit www.eink.com / tw.eink.com; and for FFS information, please visit www.hydis.com.