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AppliFlex Announces Investment By Matsubo Corporation



Nashville-based AppliFlex LLC, a privately held start-up company developing Laser Vapor Deposition, LVD(TM), technology for organic thin film applications, said today that it has received a major strategic financing round from Tokyo-based Matsubo Corporation. AppliFlex said that Matsubo had made an investment in the company, which would be used for developing company's first prototype LVD system for Organic Light Emitting Diode (OLED) applications.

About AppliFlex LLC:

AppliFlex LLC is based in Nashville, TN with offices in Mountain View, CA. AppliFlex develops, manufactures, and markets equipment and materials based on patented technology developed at Vanderbilt University for incorporating polymers, organics, and nanomaterials into electronic devices, e.g. OLED displays, solid-state lighting, flexible microelectronics, and sensors. For more information, visit http://www.appliflex.com/

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