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What up front capital investment is required for Add-Vision’s P-OLED display manufacture?

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What up front capital investment is required for Add-Vision’s P-OLED display manufacture?

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Add-Vision’s P-OLED displays can be fabricated using a manufacturing line that is identical in nearly every respect to the equipment and methods employed in manufacture of flex circuits, thick-film EL displays, membrane switch assemblies with the addition of a flexible encapsulation tool. A single manufacturing line would require cutting tables, printing equipment, several belt ovens, die presses, and an automated testing station. Add-Vision is working collaboratively with a JDA partner to develop a high-speed, lamination-based encapsulation process and tool. A completely furbished facility including encapsulation tooling would cost ~$1 million. The manufacturing line capacity is estimated at 28,000ft2 of displays per month, having a shipment value of $18 million to $22 million per annum. Many high-end printing and electronic component manufacturers already own and operate a significant portion of the equipment required for Add-Vision’s P-OLED display manufacturing. This greatly reduce

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