NEWS
eMagin Third Quarter Revenue Increases by 121%
eMagin Corporation (OTC:EMAN), the leader in OLED microdisplay and personal imaging technologies, has issued preliminary financial results for its third quarter ending September 30, 2007. The results show record revenues with year-over-year results improving by 121% for the quarter and 130% for the first nine months of 2007.
In October the company began taking orders for its SVGA 3DS OLED-XL microdisplay with initial shipments expected to begin during the first quarter of 2008. This new product offers both analog and digital signal processing in a compact display (0.44-inch) with greater power efficiency. The world’s finest pixel pitch (11.1 micrometer) device would eliminate the need for extra circuitry and components while allowing for a smaller display module design with increased functionality, with no increase in power consumption.
Saab Avitronics has chosen eMagin microdisplays for its news Multi-Purpose Virtual Image Display (VID). The unit comprises high-performance magnifying optics and the OLED, sealed in an aluminum casing.
eMagin ranked 15th on Deloitte's Washington State Technology Fast 50 listing of the fastest growing technology, media, telecommunications, and life sciences companies in the state. On Deloitte’s national list eMagin was listed as the 459th fastest growing firm nation wide.
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