LPKF Laser & Electronics : Signs Technology License Agreement with Nippon Electric Glass
May 12, 2020 at 05:25 am EDT
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DGAP-Ad-hoc: LPKF Laser & Electronics Aktiengesellschaft / Key word(s): Miscellaneous
LPKF Signs Technology License Agreement with Nippon Electric Glass
12-May-2020 / 11:21 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Garbsen, 12 May 2020 - Today, technology company LPKF has signed a License Agreement with Nippon Electric Glass Co., Ltd. (NEG) for the use of its proprietary LIDE technology in display manufacturing applications including cover glass, substrate glass, and other glass components. NEG is one of the world's leading manufacturers of special glass, with their head office located in Otsu, Japan. As part of the agreement signed today, NEG has purchased an initial Vitrion system, to be delivered later in the current quarter.
LPKF's LIDE technology (Laser Induced Deep Etching) enables customers to process thin glass quickly, precisely and without any damage such as micro cracks. This makes LIDE a fundamental technology for many microsystems technology applications, including in the display and semiconductor industries, microfluidics, or MEMS fabrication.
The license agreement is an important step for LPKF in establishing the company as a systems supplier for the display industry, and in unlocking a key application for LIDE. The parties have agreed not to disclose details of the license agreement.
LPKF Laser & Electronics AG shares are traded in the Prime Standard segment of the German Stock Exchange (ETR:LPK, ISIN: 0006450000) and are listed in the SDAX index.
Contact:
Bettina Schäfer, Department Manager Group Communication & Investor Relations
12-May-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
Language:
English
Company:
LPKF Laser & Electronics Aktiengesellschaft
Osteriede 7
30827 Garbsen
Germany
Phone:
+49 (0) 5131 7095-0
Fax:
+49 (0) 5131 7095-95
E-mail:
investorrelations@lpkf.com
Internet:
www.lpkf.com
ISIN:
DE0006450000
WKN:
645000
Listed:
Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
LPKF Laser & Electronics SE, formerly known as LPKF Laser & Electronics AG, is a Germany-based company, which operates as a supplier of laser-based solutions for the technology industry. Its products are used in the manufacture of printed circuit boards, microchips, automotive parts, solar panels and many other components. The Company has four operating segments: development, electronics, welding, and solar. The development segment develops systems for printed circuit board development and research and systems for biotechnology. The electronics segment develops systems for electronic production and the manufacture of glass components. The welding segment develops systems for plastic welding and the solar segment develops systems to produce solar cells and for laser transfer printing.