DuPont Displays and Clare Collaborate to Create Advanced Polymer OLED Integrated Circuits

    WILMINGTON, Del. & BEVERLY, Ma.--May 20, 2002--DuPont Displays a leader in the development and production of organic light emitting diode (OLED) display technology, and Clare, Inc. , a global leader in the design and production of integrated circuits (IC) for the display and communications markets, today announce the first in a series of IC solutions for OLED displays.
    The two companies have collaborated on the design and production of the MXED 301, to be used in displays for electronic products such as mobile phones, industrial and consumer electronic devices and other small form factor displays. The jointly developed MXED 301 is among the OLED industry's first integrated driver controllers for OLED display applications incorporating full support for grayscale and video applications. Optimized for use with polymer-based OLED display cells, the MXED 301 sets a new standard in integration and feature sets for OLED driver ICs.
    Tom Miller, vice president and general manager for DuPont Displays' Passive Matrix business, offered, "We are delighted to be working with Clare on this first generation OLED IC driver, as unique designs are required to drive OLEDs and help overcome challenges for creating an OLED market. The combined efforts of DuPont Displays and Clare have created an IC that will enable us to meet our timeline in bringing OLED displays to market, and at a performance level and cost that meets the demands of the fast-paced information technology industry."
    According to display market analyst Display Search, the worldwide market for OLED displays is estimated at roughly $100 Million for 2002. Further revenues for these displays are projected to grow to $2.8 billion by 2007 as OLEDs begin to successfully penetrate key applications including cellular phones, PDAs, Internet access appliances, industrial and consumer electronics and other applications where bright, colorful, high contrast, thin, video capable displays are required. OLED technology offers inherently superior performance versus incumbent displays, particularly for advanced portable applications that require high switching speed and high contrast. The technology is brighter, thinner, faster and lighter than LCDs, uses less power and is cheaper to manufacture.
    Bill Boldt, vice president of sales and marketing for Clare Micronix, stated, "Working with DuPont Displays creates the opportunity to introduce the right product at the right time. The key to the development of polymer based OLED systems lies in driver IC solutions, which are designed specifically to meet the requirements of its unique characteristics. Clare will work closely with DuPont Displays to ensure the creation of a driver that perfectly matches the characteristics of DuPont's OLED panels. We will also provide a cost-effective, integrated solution that will increase performance and reduce power consumption of the display."
    The driver/controller combination - designed for single color, passive-matrix polymer based OLED displays - features a 128-column current-sourcing anode driver and 80 common-cathode row drivers, 4 bit gray scale. It will also support standard digital interfaces and connect directly to polymer based OLED display panels. Samples will be available to the commercial market by the end of 2002.
    Clare is a leader in the design and production of high performance analog and mixed signal integrated circuits for the display, communications, industrial, and medical markets. The Clare Micronix IC division has produced over 250 application specific integrated circuits (ASIC) and application specific standard products (ASSP). Leading manufacturers around the world rely on Clare for semiconductors and specialized electronic components.
    DuPont Displays is focused on the global flat panel display market. Based on its core competencies in polymer science and optical components, the business is building capability to develop displays that will meet the performance and cost demands of the fast paced information technology industry. DuPont Displays is investing in technology and strategic alliances to build a broad base of intellectual property and manufacturing expertise to help advance the quality of displays.
    During 2002, DuPont is celebrating its 200th year of scientific achievement and innovation - providing products and services that improve the lives of people everywhere. Based in Wilmington, Del., DuPont delivers science-based solutions for markets that make a difference in people's lives in food and nutrition; health care; apparel; home and construction; electronics; and transportation.

Additional information about DuPont Displays and Clare can be found at
    www.dupont.com/displays or www.clare.com.