July 8, 2003, Kent, Ohio - Kent Displays Inc. has licensed its Cholesteric "No Power" LCD Technology to Eastman Kodak Company of Rochester, New York. The technology enables changeable displays that maintain images indefinitely without consuming power and can be viewed at a wide angle in a range of lighting conditions.

“We are confident that Kodak will apply this technology to create new categories of products. Kodak’s leadership in materials and manufacture of both consumer and commercial goods could significantly increase the visibility and use of this innovative technology,” stated Joel C. Domino, President of Kent Displays.

Kodak is well known for expertise in thin-layer coating technology in products ranging from photographic films to OLED displays. In late 2002, the company formed the Display Group to apply its expertise and intellectual property in material and coating technologies to the development of electronic displays. “Coupled with some of our on-going development projects, cholesteric technology offers some intriguing possibilities for new kinds of displays,” said Bernard Masson, President, Display Group, and Executive Vice President, Eastman Kodak Company. “Taking this license enables us to pursue additional display applications and to develop and manufacture new products to serve these new markets.”

“This arrangement with Kodak by one of our licensees, Kent Displays Inc., develops the global impact of Kent State’s technology while fostering economic development in Ohio,” said Gregory B. Wilson, Kent State’s associate vice president for technology transfer and economic development.