Kaga to sell MED's product in Japan and use their Microdisplays in future EVF products

MicroEmissive Displays has announced it has signed a Memorandum of Understanding (MOU) with Kaga Components Ltd of Japan. The MOU with one of Japan’s leading electronic component distributors and manufacturers provides MED with its first sales channel in this strategic market. According to the terms of the MOU, Kaga will provide sales and marketing support to the consumer electronics design community throughout Japan for MED’s microdisplay products. Additionally, Kaga will incorporate MED’s P-OLED microdisplay into its proprietary electronic viewfinder (EVF) modules to create new products for the Japanese digital camera market. Commenting on the agreement, MED chief executive Bill Miller, said, “The agreement with Kaga represents a significant step forward for MED and a chance to showcase the considerable quality and power... [read full story]