Frost & Sullivan Recognizes IGNIS Innovation for its Pioneering AMOLED Display Technology

- The AdMo™ technology addresses the AMOLED display industry's requirements and resolves major challenges

MOUNTAIN VIEW, California, June 7, 2012 /PRNewswire/ -- Based on its recent analysis of the AMOLED (Active Matrix Organic Light Emitting Diode) display market, Frost & Sullivan recognizes IGNIS Innovation with the 2012 Global Frost & Sullivan Technology Innovation Award for AdMo™, its technology that offers superior quality and low cost of production for AMOLED displays. With this technology, AMOLED display companies can compete against the LCD displays in terms of higher volume and superior display quality.

The two major parts of an AMOLED display—the backplane, a thin film transistor (TFT) circuit forming the active matrix on the display, and the front plane, the OLED structure in the display—require two entirely different manufacturing processes and equipment. Further, the backplane manufacturing is highly capital-intensive and technically challenging. As a result, large AMOLED display panels cost twice as much as competing technologies, such as LCDs and plasma display panels. Further, the materials available to manufacture OLEDs, as well as the backplanes, are not yet uniform and stable, which poses a challenge for the AMOLED in reaching economies of scale. Thus, Companies focusing on delivering technologies that aim to offer higher value to display manufacturers are in a strong position to achieve a dominant share of the global AMOLED display market.

"IGNIS Innovation stands out in the global AMOLED display technology market for its ability to deliver world-class, low-power consumption display technologies that offer exceptionally smooth and perfect images," said Frost & Sullivan Research Analyst Nupur Sinha. "Its AdMo™ technology compensates for any non-uniformity and instability in the backplane of an AMOLED display and has immense value for customers that produce AMOLED displays because it addresses all the major drawbacks in traditional AMOLED display manufacturing."

For instance, IGNIS Innovation's technology has solved the stability issue with AMOLED display which uses an amorphous silicon (a-Si) backplane. Leveraging AdMo™ technology, the AMOLED display product has higher image quality and lower power consumption. An important product for AdMo™ is the 3.47-inch, 320×480 pixel AMOLED display manufactured by RiTDisplay Corporation. This display is ideal for mobile phones and other devices that require lower power consumption and bright images offered by AMOLED displays.

In enabling the use of existing a-Si technology for backplane line and enabling high-quality features and functionalities, AdMo™ guarantees the best price performance in the industry. Further, the AMOLED displays employing AdMo™ incorporate the use of IGNIS Innovation's all-in-one driver chip meant for a-Si AMOLEDs. This driver offers unique benefits and is a pioneering product in the AMOLED display market.

"The use of a-Si backplane not only enables lower cost for an AMOLED display, but also creates an opportunity for the use of a-Si equipment that is currently used for LCD production," noted Nupur Sinha. "Thus, AdMo™ technology heralds the arrival of a state-of-the-art AMOLED display technology that can be used to produce AMOLED displays in greater volumes and at a lower cost, due to the use of polysilicon used in the backplane of these displays."

Overall, with its innovative AdMo™ technology, IGNIS has set new standards in the AMOLED display space. The technology's advanced and unmatched features make it an ideal choice for display manufacturers, whose products can be used in a variety of applications, including mobile phones, PDAs, and laptops.

Based on these achievements, Frost & Sullivan is proud to present the 2012 Technology Innovation Award in the global AMOLED display market to IGNIS Innovation. Each year, Frost & Sullivan presents this award to the company that has demonstrated uniqueness in developing a technology that significantly impacts both the functionality and the customer value of new products and applications. The award lauds the relevance of the innovation to the industry.

Frost & Sullivan Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research in order to identify best practices in the industry.

About IGNIS Innovation

IGNIS develops technology that makes AMOLED displays look better, last longer, and cost less. IGNIS's superior technology is the only solution that offers high enough performance gains that all process problems are solved.

IGNIS has over 15 years of R&D and over 60 patents, as well as the experience and know-how to solve these issues.

IGNIS doesn't just supply the technology - it also designs the AMOLED panel itself, including all the drivers and electronics. IGNIS works with your internal team to successfully implement our proprietary technology, giving you a competitive advantage with improved yield, superior products, and quicker time to market. IGNIS's superior technology can even allow process parameters to be relaxed, lowering the operating cost, improving the yield, and increasing the throughput. To learn more, please visit www.ignisinnovation.com, or email info@ignis.ca.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 40 offices on six continents. To join our Growth Partnership, please visit http://www.frost.com.

Contact:

Mireya Espinoza
P: +1-210-247-3870
F: +1-210-348-1003
E: mireya.espinoza@frost.com