PragmatIC's flexible imprinted logic enters commercial production on schedule

PragmatIC Printing Ltd, the pioneer in imprinted logic circuits, today announced that its pilot line has commenced production against initial customers’ orders for interactive electronic functionality in thin and flexible form factors.

PragmatIC’s recent prototyping activities have validated a number of highly scalable applications, working with customers that are among the largest global companies in their respective fields. Previously announced projects include Hallmark-subsidiary Tigerprint in greeting cards and the world’s largest integrated commercial banknote printer De La Rue in security labels.

Selected projects are now moving into pilot-scale commercial production, and will be publicly rolled out early next year. The unrivalled density achievable by PragmatIC’s patented approach to printed logic has enabled a rapid transition to low cost commercial production. The pilot line is currently producing more than 10,000 flexible logic circuits per month, and is expected to scale to a capacity of over 10 million per annum during 2013.

In addition to commercial production, the pilot line serves as a reference platform for PragmatIC’s licensees, and as a test-bed for on-going improvements in device design, process optimisation and circuit functionality.

Scott White, Chief Executive Officer of PragmatIC Printing, stated: “We are very pleased to meet this significant milestone in line with our target schedule announced earlier this year. This demonstrates the maturity and pragmatism of our technology approach, and provides a solid basis to further develop our activities with both licensees and end customers.”



About PragmatIC Printing Ltd

PragmatIC Printing enables printed logic circuits that introduce intelligence and interactivity into a wide range of products and applications, in form factors that are not possible using silicon chips. In 2010, PragmatIC acquired the printed electronics business of Nano ePrint Ltd, including its patented technology for planar nano-electronic devices that can uniquely be fabricated in a single layer of semiconductor via single-step imprint patterning. PragmatIC has extended its intellectual property to enable a full range of device and circuit architectures in transparent, flexible semiconductors at micron and sub-micron scale.

PragmatIC Printing operates a pilot line at the UK’s National Centre for Printable Electronics, part of the Centre for Process Innovation (CPI). The pilot line supports customer prototyping activities as well as commercial production for new product rollouts. PragmatIC also licenses its technology for higher volume production.

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For more information please contact:

Scott White, Chief Executive Officer, PragmatIC Printing Ltd

Tel: +44 7808 056 894 or email: scott@pragmaticprinting.com

www.pragmaticprinting.com

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