E Ink Innovation Center Opens in Billerica

New Facility Enables Increased Efficiency and Flexibility for Research and Development

E Ink(R) Holdings, "E Ink" (8069.TW), a display and digital signage visionary, today held Opening Ceremonies to officially open its new US headquarters -- the E Ink Innovation Center, located at 1000 Technology Park Drive in Billerica. (Photo: Business Wire)

BILLERICA, Mass.--()--E Ink® Holdings, "E Ink" (8069.TW), a display and digital signage visionary, today held Opening Ceremonies to officially open its new US headquarters – the E Ink Innovation Center, located at 1000 Technology Park Drive in Billerica. The new facility is a modern, open and collaborative space, housing research and development (R&D) labs, pilot facilities, test chambers and administrative offices, all under one roof. The company was previously headquartered in Cambridge.

“The additional space will support E Ink’s growth and expansion into new markets, and will foster a more creative and collaborative environment for our employees,” said Felix Ho, CEO of E Ink Holdings. “Our new facility in Billerica was specifically designed with our technology needs in mind and offers us significantly more space. It gives our employees a dynamic and energizing working environment while allowing us to invest in the Massachusetts economy, growing our business where it all started.”

The new E Ink Innovation Center represents a $36 million investment, is over 140,000 square feet, can hold up to 400 employees and reinforces E Ink’s position as a leading technological business innovator in Massachusetts. E Ink was just awarded the Silver Team Massachusetts Economic Impact Award by the MassEcon council for its outstanding contribution to the Massachusetts economy.

The former E Ink space was located on Concord Avenue in Cambridge, MA, with the office and labs housed in multiple buildings on the campus. The new facility doubles the company’s footprint while bringing employees under one roof, and contains many sustainable features including collaborative workspaces, training rooms, warehousing space and state-of-the-art laboratory facilities. In addition, the E Ink Innovation Center contains a number of improved facility features, including a waste water treatment plant, state-of-the-art safety design, advanced HVAC systems for a reduced power draw and a 911 repeater for emergency responders.

“Due to E Ink’s growth and our projections for the coming years, the facility will serve to support our business efforts today and in the future,” said Giovanni Mancini, director of product management for E Ink Holdings. “We are very proud of the hard work and long hours our employees put into building our new home, and equally as proud to open our doors to the Billerica community. Here’s to doing business together as we look forward to our continued growth.”

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.

Contacts

Racepoint Group
Jon Diaz, 415-694-6708
jdiaz@racepointgroup.com

Release Summary

E Ink® Holdings, "E Ink" (8069.TW), a display and digital signage visionary, today held Opening Ceremonies to officially open its new US headquarters – the E Ink Innovation Center.

Contacts

Racepoint Group
Jon Diaz, 415-694-6708
jdiaz@racepointgroup.com