TOKYO OHKA KOGYO CO., LTD. Has Invested 2 Million U.S. Dollars in Pixelligent Technologies, LLC.

KAWASAKI, Japan–(BUSINESS WIRE)–TOKYO OHKA KOGYO CO., LTD. (hereinafter the ÔÇ£CompanyÔÇØ) (TOKYO:4186)
announced that it has invested in Pixelligent Technologies, LLC
(ÔÇ£PixelligentÔÇØ) in the U.S., one of the worldÔÇÖs leading manufacturers
having technology to mass-produce Zirconium oxide capped nanoparticles
(ZrO2), a high refractive index inorganic material, with a
sub-10 nm diameter with functionalized surface, with an aim to promote
supply of high refractive index materials that contribute to improving
brightness and sensitivity of OLED display and CMOS image sensor, which
hold potential for growth. The investment amounted to 2 million U.S.
dollars (approx. 220 million yen). Through this investment in capital,
the Company will promote enlarging the scale of high refractive index
inorganic material production and develop high refractive index material
markets to aim for application of our technology in broader fields by
supporting R&D of Pixelligent as well as combining PixelligentÔÇÖs
strength and the CompanyÔÇÖs strength in advanced microprocessing
technology accumulated in the semiconductor and display fields (e.g.
photoresists and nanoimprint materials).

Going forward, the Company will continue to accelerate new business
development by actively seeking collaboration with promising venture
businesses and providing them with support.

Details of PixelligentÔÇÖs announcement (Announced on April 18, 2018)
http://www.pixelligent.com/news-events/press-releases/

Outline of Pixelligent
Company name: Pixelligent Technologies, LLC
Location:
Maryland, U.S.
Representative: Craig Bandes
Business
description: Development, manufacturing, and sale of optical materials
Established:
1999
URL http://www.pixelligent.com/

Contacts

TOKYO OHKA KOGYO CO., LTD.
Corporate Venturing Division
http://www.tok.co.jp/eng/products/venture.html
or
Public
Relations Division
Takashi Ono
[email protected]