eMagin Receives Defense Manufacturing Technology Achievement Award

Date : 12/06/2018 @ 1:00PM
Source : Business Wire
Stock : eMagin Corporation (EMAN)
Quote : 0.361  0.006 (1.69%) @ 4:00PM

eMagin Receives Defense Manufacturing Technology Achievement Award

eMagin (AMEX:EMAN)
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eMagin Corporation, or the Company, (NYSE American:EMAN), a leader in the development, design and manufacture of Active Matrix OLED microdisplays for high resolution imaging products, today announced that the Company, in a joint project with the U.S. Army Research, Development and Engineering Command and the Night Vision Electronic Sensors Directorate (NVESD), received the award for Enhancing Military Capability as part of the Defense Manufacturing Technology Achievement Awards.

This award recognizes work that eMagin conducted in collaboration with the Army under the ManTech program. The program’s objectives were to enable the affordable manufacture of full-color, high brightness, high resolution OLED microdisplays utilizing eMagin’s direct patterning technology, which improves luminance and efficiency critical for military applications. This program also established a domestic source for advanced backplane manufacturing for OLED deposition.

“This prestigious award reflects the work completed under a $5 million, multi-year project and underscores the importance of our longstanding relationship with the U.S. military to provide innovative OLED technology,” commented Andrew G. Sculley, CEO of eMagin. “Through this joint effort, we are now working with an on-shore foundry to develop the world’s most advanced display backplanes for significantly increased luminance and efficiency of our manufactured displays for a number of key military programs.”

About eMagin Corporation

A leader in OLED microdisplay technology, OLED microdisplay manufacturing know-how and mobile display systems, eMagin manufactures high-resolution OLED microdisplays and integrates them with magnifying optics to deliver virtual images comparable to large-screen computer and television displays in portable, low-power, lightweight personal displays. eMagin’s microdisplays provide near-eye imagery in a variety of products from military, industrial, medical and consumer OEMs. More information about eMagin is available at www.emagin.com.

eMagin CorporationJeffrey Lucas, President & Chief Financial Officer845-838-7931jlucas@emagin.com

Affinity Growth AdvisorsBetsy Brod212-661-2231betsy.brod@affinitygrowth.com

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