CopyTele Announces Development of Its Low Voltage Carbon Nanotube LVND™ Flat Panel Display
MELVILLE, N.Y.--(BUSINESS WIRE)--CopyTele, Inc. (OTCBB:COPY), announced today the development of engineering models of CopyTele’s low voltage nanotube flat panel (LVND™) display, utilizing carbon nanotubes (10,000 times smaller than a human hair) and proprietary low voltage color phosphors. The models demonstrate the ability to show images from computers by controlling the brightness of selected individual pixels utilizing CopyTele’s carbon nanotube display technology. The 5.5 inch (diagonal) display has 960 x 234 pixels and utilizes a new memory-based active matrix thin film technology (AMTFT) with each pixel phosphor activated by electrons emitted by a proprietary carbon nanotube network located approximately 10 microns (1/10th of a human hair) from the pixels. As a result, each pixel phosphor brightness is controlled using only a maximum of 40 volts. The carbon nanotubes and proprietary color phosphors are precisely placed and separated utilizing CopyTele’s proprietary nanotube and phosphor deposition technology. Some other characteristics of CopyTele’s LVND™ display technology are as follows:
CopyTele is continuing to optimize its LVND™ display technology performance including its reliability, size and potential cost.
CopyTele’s principal operations include the development, production and marketing of its thin flat low voltage phosphor displays and the development, production and marketing of multi-functional encryption products, hardware and software based, that provide information security for domestic and international users over virtually every communication media. For additional information, visit CopyTele’s website at www.copytele.com.
Statements that are not historical fact may be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not statements of historical facts, but rather reflect CopyTele’s current expectations concerning future events and results. CopyTele generally uses the words “believes”, “expects”, “intends”, “plans”, “anticipates”, “likely”, “will” and similar expressions to identify forward-looking statements. Such forward-looking statements, including those concerning CopyTele’s expectations, involve known and unknown risks, uncertainties and other factors, some of which are beyond CopyTele’s control, which may cause CopyTele’s actual results, performance or achievements, or industry results, to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. In evaluating such statements as well as the future prospects of CopyTele, specific consideration should be given to various factors, including the following: CopyTele’s prior history of losses and negative cash flows from operations; CopyTele’s ability to obtain debt or equity financing to continue our marketing, research and development activities, on terms acceptable to CopyTele, if cash generated from operations is insufficient to satisfy our liquidity requirements; CopyTele’s ability to commercialize a full-color video display; the possible development of competitive products that could render CopyTele’s products obsolete or unmarketable; and other risks as detailed from time-to-time in CopyTele’s filings with the Securities and Exchange Commission. CopyTele undertakes no obligation to update any forward-looking statements as a result of new information, unanticipated events, or otherwise.