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Agreement underscores strength and breadth of Vitex’s new licensing business model,
as well as strong endorsement of Vitex’s technology and IP portfolio
SAN JOSE, Calif., Jan. 30, 2007 – Vitex Systems, Inc., a leading technology developer, licensor and
development service provider for thin-film encapsulation and moisture barrier films, today announced a strategic
relationship with Samsung America, Inc. Under the agreement, Samsung America will gain exclusive rights to
distribute to Samsung-affiliated companies licenses for Vitex’s proprietary Flexible Glass and thin-film
encapsulation technologies.
According to industry observers NanoMarkets, flexible and/or organic devices are forecasted to grow very
rapidly to over $15 billion by 2012. As thin flexible electronic circuits, displays and photovoltaics near the
production stage, Vitex’s hard-earned leadership role in encapsulation of these products is growing more
essential. “Samsung is one of the electronics industry’s leading innovators, and Vitex has worked with various
companies in the Samsung group for several years. We believe this strategic relationship will serve as a valuable
model for future customer engagements, enabling us to bring our technologies to broader companies in the
Samsung group,” said Chyi-Shan Suen, Vitex Systems’ director of sales and marketing.
“Thin-film hermetic barriers, a key enabler for flexible electronics, are necessary to achieve thinner and lighter
products. This form factor is critical to extract maximum value from the product design. We believe that Vitex
technologies will be needed by many companies in the Samsung group, as well as throughout the electronics
industry, and we are glad to be able to play a role in advancing these great technologies,” noted Chandler Park,
senior manager with Samsung America.
Vitex continues to conduct research and development in the ultra-barrier film and thin-film encapsulation fields
to enhance its technology and strengthen its IP portfolio while it pursues its new business model.
About Samsung America, Inc.
Samsung America, Inc. (SAI) is a global trading and investment company that functions as an independent
American subsidiary of the Korean conglomerate Samsung Corporation, one of the Samsung Group companies.
Sharing Samsung Corp.’s international network spanning 78 offices in 43 countries, SAI is able to operate both
as a major trading intermediary and as a conduit for an immense volume of information. Since its inception in
1975, SAI’s philosophy of creative marketing, self-development, and entrepreneurship has enabled its
remarkable growth and success as a global trading and investment company. For more information on Samsung
America, visit http://www.samsungamerica.com
About Vitex Systems
Vitex Systems, Inc., headquartered in San Jose, Calif., licenses a proprietary encapsulation solution, Barix™, as
well as deposition systems and next-generation flexible barrier substrates, that enable the cost-effective
production of organic light-emitting diode (OLED) displays that are lighter and thinner than any other
commercially available displays. Vitex's technology can also be used to address a wide array of photovoltaic and
optoelectronic applications. The company was incubated at Battelle, the world's largest independent private non-
profit research foundation, and was spun off as an independent company.
For more information on Vitex Systems, visit www.vitexsys.com.
Contacts:
Chyi-Shan Suen
Vitex Systems, Inc.
Phone: 408.325.0366
Fax: 408.519.4470
Email: csuen@vitexsys.com
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