Category Archive for "Press Release"

IGNIS announces signing a Patent License Agreement with LG Display

Jun 22 2016

Waterloo, Ontario June 22, 2016 – IGNIS Innovation Inc. (“IGNIS”), an emissive display technology company, today announced the execution of a Patent License agreement with LG Display Co., Ltd. (“LG Display”), the Seoul-based world-leading display manufacturer. Under the agreement, IGNIS will provide LG Display under a non-exclusive license, access to its…

IGNIS secures $14 million in funding to support product development

May 25 2015

Waterloo, Ontario – May 25, 2015 – IGNIS Innovation Inc. (“IGNIS”) an emissive display technology company today announced it has secured $14 million in financing to accelerate the product development using its True View Display™ Technology (“True View”). IGNIS has developed industry leading technologies for emissive displays that dramatically increase yields and lifetimes while enhancing the viewer experience. Our technology has been thoroughly tested and proven on different backplanes (Metal-oxide, LTPS, a-Si) and various OLEDs (printed, RGBW, RGB, etc.) and other types of emissive devices. True View products offer users an unparalleled viewing experience that is not available on the very best of today’s displays. Today we are pleased to announce that IGNIS has engaged with partners to develop market ready products with True View Display for wearable, smartphone, automotive, tablet and TV applications. These products will hit the market in 2016 and will define a new standard for displays and a new era for user experience. IGNIS Innovation is an emissive display technology company that provides total solutions for high quality emissive displays.

IGNIS announces the appointment of two new members to its Board of Directors

Apr 30 2015

Waterloo, Ontario – April 29, 2015 – IGNIS Innovation Inc. is pleased to announce that it has two new members joining its Board of Directors effective April 21, 2015. The vacancies were created with the departure of Mr. Paul Arsenault and Mr. Keith Bergelt. Both have been long term Members of the Board who have provided great guidance to the company over the years. “We wish to thank both Paul and Keith for their dedication to IGNIS over many years of service” said Tom Kaneb, Chairman of IGNIS. Joining the Board are two new members Mr. Francis Rushford of Carlsbad California and Mr. Barry Young of Austin Texas. Francis Rushford Mr. Rushford is an Intellectual Property lawyer based in Carlsbad, California. His specialty is creating revenue generation from the deployment and use of Intellectual Property assets. Currently Mr. Rushford acts in three capacities, Partner in the firm of Rushford Bagla Leakakos LLP, a law firm based in Carlsbad California; Managing Director of EverEdge Global IP, a firm specializing in IP consulting and outsourcing; and as Managing Director/Founder of RSL Holdings, a Nevada based Intellectual Property Development Company. He holds a Doctor of Law Degree from New England Law and has a Bachelor of Science degree in Metallurgical Engineering from the Polytechnic Institute of New York…

IGNIS Spring 2015 Update

Apr 24 2015

The current OLED marketplace has reached a critical crossroad that has created an unprecedented opportunity for IGNIS and its proprietary technologies. In 2014, to accelerate the adoption of its technology, IGNIS’s Board of Directors had engaged an investment banker to assist in seeking out a strategic partner. The process concluded in October, and the board, having reviewed the current market dynamics for OLED and the tremendous future prospects for its technology, elected instead to continue to operate as an independent technology provider to the Display Industry. As a result of significant developments in the past year, the OLED large panel marketplace has opened up. In the early part of 2015 Samsung’s comments on exiting the OLED TV market for a few years was interpreted as a setback for the industry. However, significant investment by other companies coupled with Samsung’s re-entry into the market is viewed as a turning point for the industry. In addition, interest in OLED displays for other applications such as automotive, tablets, and laptops continues to increase. These applications demand “longer lifetime”, “higher performance” and “high yield over a larger area”. Thus conventional in-pixel compensation is not sufficient for these applications and so a different solution is required. IGNIS is now providing the industry with the needed solution as a result of…

IGNIS and CSOT collaborate on developing AMOLED Display

May 20 2014

Waterloo, Canada – May 20, 2014 — Shenzhen China Star Optoelectronics Technology Co., Ltd. (CSOT) and IGNIS Innovation Inc. (IGNIS) announced today that they will collaborate on developing a 5.5-inch HD AMOLED Mobile Display. The display will be based on manufacturing capability and fabrication technology of CSOT and IGNIS MaxLife™ Lite driving scheme. CSOT has demonstrated its capability in manufacturing AMOLED displays for mobile applications using LTPS backplanes. In addition, the IGNIS MaxLife Lite driving scheme, offers high yield, low cost, low-power consumption, and long life which can enable fast production ramp-up of LTPS AMOLED Displays for Mobile applications. IGNIS and CSOT believe the unique combination of their technologies will set a significant milestone for AMOLED Mobile production. About China Star Optoelectronics Technology Co., Ltd. (“CSOT”) CSOT is a leading hi-tech display company founded on November 16th 2009 and is located in the Guangming New District hi-tech zone, Shenzhen. CSOT is the largest investment as an industrial project in Shenzhen, Guangdong. CSOT took only 17.5 months from beginning construction to entering production, making it the fastest to bring up an 8.5 generation TFT-LCD line so far. Major products include, 26, 32, 46 and 55 inch Liquid crystal displays that are designed and produced on the line with a 100K monthly capacity of glass substrates. In…

IGNIS has received firm orders for its 55” AMOLED Evaluation Platform

Sep 03 2013

Waterloo, Canada – September 4, 2013 — IGNIS Innovation Inc. announces that it has received firm orders for samples of its 55” Full HD AMOLED display from display manufacturers and OEMs. The display is built using IGNIS’s patented MaxLife™ compensation technology and is designed for display manufacturers and OEMs who want to evaluate the performance of MaxLife technology for use in their own displays and products. The major issues in large area AMOLED displays are cost and lifetime. The low yield, which is caused by complex pixel circuits and a high level of non-uniformities, results in a higher display cost. AMOLED displays can have non-uniformity patterns known as “mura”, resulting in stripes, speckles, or cloudiness in the display. This is due to the manufacturing process of both the Thin Film Transistor (TFT) and the OLED. The current solution is to use complex pixel structures (with multiple TFTs per pixels) known as In-Pixel Compensation (IPC). In addition to limited performance of IPC for non-uniformity compensation, the complex pixel structure results in a higher manufacturing defects and lower yield. Therefore, it is not practical to adopt such an approach for high volume large-area AMOLED displays. Moreover, achieving 2K x 4K AMOLED displays will be difficult with the complex pixel circuits. Thus, adopting a simple solution with high…

Frost & Sullivan Recognizes IGNIS for Pioneering AMOLED Display Technology

Jun 12 2012

MOUNTAIN VIEW, Calif. – 12 June, 2012 – 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™, it’s 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…

IGNIS Announces Planned Production of 3.5 inch AMOLED Displays

Jun 08 2012

Waterloo, Ontario – June 8, 2012 – IGNIS today announced its plan to start production of 3.5” AMOLED displays built with IGNIS’ patented Intelligent Pixel™ technology, which makes the display stable and uniform for long life. The display is ideal for mobile phones and other portable applications that require the bright image, rich color, ultra-high contrast, and lower power of an AMOLED display. Given today’s tight supply and high price of LTPS-based AMOLED displays, many manufacturers of mobile phones and other portable devices are not able to find continuous AMOLED supplies to differentiate their products from the fierce competition in the consumer electronics market. “By offering a high quality 3.5- inch display as our first product, IGNIS opens the door and serves as another reliable and quality source of AMOLED displays which are lower cost with competitive performance using traditional LCD backplanes,” says Paul Arsenault, President & CEO, “IGNIS plans to produce other mobile sized AMOLED displays with higher resolutions and in much greater volumes to satisfy the increasing customer demand.” Currently product samples have been sent to potential customers for evaluation and design-in. Mass production will begin in the second half of 2012 as customer orders grow. Taiwan’s RiTdisplay Corporation is working with IGNIS as the OLED deposition manufacturing partner for the product. IGNIS…

IGNIS reveals slim 20″ AMOLED at SID Display Week

Jun 06 2012

Waterloo, Ontario – June 6, 2012 – IGNIS has revealed a 20 inch AMOLED display running at 240 Hz and only 3mm thick. Given today’s challenges in producing larger AMOLED displays which are uniform and stable, IGNIS has revealed a proven technology which works with different backplane technologies including traditional LCD backplanes and metal oxide backplanes. “Our objective was to find a solution to enable affordable high quality AMOLED displays with lower risk, lower cost, and faster time to market”, says Dr. Reza Chaji, CTO. “Our compensation technology enables all TFT backplane technologies (a-Si, poly-Si, and oxide) to take advantage of the AMOLED market, thus opening up the supply channel.” The technology can be used to manufacture any panel size with resolution up to 2k x 4k and up to 240Hz. The current panel was fabricated with a traditional amorphous silicon LCD TFT fab, and OLED deposition was completed by RiTdisplay Corporation of Taiwan. About IGNIS Innovation IGNIS Innovation Inc. is the leading provider of technology that makes AMOLED displays last longer, look better, and cost less. IGNIS works with display manufacturers to improve AMOLED displays using innovative circuit designs, driving algorithms, and embedded software. IGNIS is headquartered in Waterloo, Ontario, with sales and support offices in Taiwan, Japan, and Korea. About RiTdisplay Corporation RiTdisplay,…

IGNIS New Facility

Mar 30 2012

IGNIS is pleased to announce that we have moved into a new larger location at 50 Bathurst Drive, Unit 12, Waterloo, Ontario, Canada, N2V 2C5. The move was implemented to accommodate and support IGNIS’ current and future growth in large AMOLED displays and product commercialization activities. The new location better accommodates the needs of IGNIS, and reinforces our commitment to a great work environment for our employees. IGNIS continues to provide unmatched service and support to our customers in developing best-in-class AMOLED displays. Our telephone and fax numbers remain the same, and there will be no change to our corporate and staff email addresses.