Plastic Logic, CDT to Cooperate in Polymer Organic Electronics

CAMBRIDGE, UK, March 5 -- Plastic Logic and Cambridge Display Technology (CDT) have signed an agreement to cooperate in polymer organic electronics.

Plastic Logic develops electronic transistor circuit applications using polymer electronics technology. CDT develops light-emitting polymer (LEP) technology for electronic displays, general lighting and photovoltaic applications. Both companies make extensive use of organic polymer materials, use common deposition techniques such as inkjet printing and are headquartered in Cambridge, UK.

Plastic Logic will receive a nonexclusive license for broad use of CDT’s intellectual property in Plastic Logic’s core business, and CDT will receive a nonexclusive license for broad use of Plastic Logic’s intellectual property in CDT’s core business. The agreement also assigns selected intellectual property by CDT to Plastic Logic, and CDT will become a shareholder in Plastic Logic. The companies will cooperate in certain other undisclosed areas and will continue to work on fundamental polymer research with the Cavendish Laboratory.