Plastic Logic Announces Richard Archuleta as CEO
Stratton Sclavos joins its Board | 30 Oct 2007

Cambridge, UK – October 30, 2007 – Plastic Logic today has announced that the company’s Board of Directors has appointed Richard Archuleta to the position of Chief Executive Officer and member of the company’s Board of Directors. In addition, the Board of Director’s has appointed Stratton Sclavos as a Non-Executive Director.

Mr. Archuleta brings with him over 25 years experience in the technology industry at Hewlett-Packard, most recently as Senior Vice President. He has led multiple businesses through significant business transformations, rapid growth and international expansion in the areas of mobile computing, servers and e-commerce. He was also named “Mobile Industry Person of the Year” in 1998 by Mobile Computing Magazine in recognition of his leadership in the notebook PC business.

Mr. Sclavos was Chief Executive Officer of VeriSign best-known for its internet infrastructure management. He led the company during its development of secure e-payment systems but more recently, its mobile content distribution business. He was honored with the 2001 Morgan Stanley Leadership Award for Global Commerce.

Plastic Logic announced in January that it has raised over $100 million of equity finance led by Oak Investment Partners and Tudor Investment Corporation and existing investors Amadeus Capital Partners, Intel Capital, Bank of America, BASF, Quest for Growth and Merifin Capital. The funding is being used to build the first factory to commercialize flexible e-paper displays. The facility will exploit the company’s unique technology to produce more than a million 10 inch displays a year. The process removes the need for a fragile glass active-matrix backplane in the display and is scalable to larger sizes. The resulting display is thin, light and shatterproof and therefore much more like paper than any other display technology.

The company’s manufacturing facility is in Dresden, Germany and its R&D base is in Cambridge UK. An office in the San Francisco Bay Area will be opened in the next few weeks to drive e-paper products utilizing Plastic Logic’s display technology. The company plans to grow rapidly in all three locations to attract world-class talent across its activities from process development to product design.

“Plastic Logic is an incredibly ambitious company. With his high industry profile and impressive track record, Richard is a leader of a calibre that matches that ambition. Stratton will bring extensive experience of internet communications and content distribution networks. We all look forward to working with them during the next exciting phase of the company’s development” said Tony Illsley, Chairman of the Board of Plastic Logic.

“The first application of the company’s core plastic electronics technology in revolutionary flexible displays has very exciting market potential. Plastic Logic has made amazing progress and has the backing of a first class investor base. I am delighted to be part of such a unique opportunity” said Richard Archuleta.

"Plastic Logic's e-paper technology has the potential to radically change the way the world consumes information and entertainment and I am excited about working with this great team as we pioneer a new industry" said Stratton Sclavos.

About Plastic Logic
Plastic Logic's mission is to lead a revolution in the way people acquire, organize and consume information. We are using our proprietary technology leadership in plastic electronics to create a range of innovative products. Our first product, focused on reading digital content, will enter the marketplace in early 2009.

Founded in 2000 by researchers out of the Cambridge University Cavendish Laboratory, the Company has received more than $200 million in funding from leading international technology firms and investors. Plastic Logic has research and development in Cambridge, England, high-volume, state-of-the-art manufacturing in Dresden, Germany, and executive management, product engineering, sales and marketing headquartered in Mountain View, California. For more information please go to http://www.plasticlogic.com.

Media Contact
Betty Taylor, Krause Taylor Associates (for Plastic Logic)
408-918-9082 or bettyt at krause-taylor.com

For more information please go to http://www.plasticlogic.com.

Plastic Logic Opens world's First Commercial Plastic Electronics Manufacturing Factory In Dresden, Germany
German Dignitaries and Industry VIPs Mark Occasion in Silicon Saxony | 17 Sept 2008
DRESDEN, GERMANY – September 17, 2008 – Plastic Logic, the world's leader in plastic electronics, today officially opened a state-of-the-art commercial scale plastic electronics manufacturing facility. The Dresden factory is a fully automated and integrated facility that will begin volume production of groundbreaking displays based on Plastic Logic's patented and proprietary plastic electronics technology.

"The world's first commercial scale plastic electronics manufacturing facility is now open," said Plastic Logic CEO Richard Archuleta. "Today marks an extraordinary achievement for our company and the plastic electronics industry. It also marks a major milestone in preparation for the delivery of our first consumer electronics product early next year."

Plastic Logic's core technology solves the critical issue in manufacturing high-resolution transistor arrays on flexible plastic substrates using a low-temperature. The process is simpler than conventional glass silicon processes, and produces active matrix displays that are thinner, lighter and more robust than glass.

The Dresden factory is set to begin volume production of the display that is the key feature of Plastic Logic's forthcoming electronic reading product, scheduled to come to market in early 2009. Attendees at today's ceremony, including local and industry dignitaries, received a sneak preview of the product in addition to a view of the specialized factory.

Facts About The Factory
• The Plastic Logic plant was completed and ready for production in record time - just 16 months after the building's cornerstone was laid in May 2007.

• Advanced new processes and tools were specified, designed and created to successfully transfer proof of concept technology and processes first developed in Plastic Logic's Cambridge, UK research and development lab.

• Plastic Logic utilized a unique mix of standard production equipment from display manufacturing and other industries that were tailored to produce displays in high volumes at costs to give it significant competitive advantage.

• The factory was designed for flexibility and the capacity to produce hundreds of thousands of the displays annually.

Plastic Logic's Managing Director and Vice President of Manufacturing, Konrad Herre, said: "Our on-time opening of this first-of-its-kind facility was made possible by the ingenuity, dedication and tireless efforts of our employees both here and in the UK, our ability to enlist and collaborate with a group of world-class suppliers, and the strong commitment of German officials and our investors."

 

About Plastic Logic
Plastic Logic's mission is to lead the plastic electronics revolution, and in the way people acquire, organize and consume information. We are using our proprietary technology leadership in plastic electronics to create a range of innovative products. Our first product, focused on reading digital content, will enter the marketplace in Spring 2009.

Founded in 2000 by researchers out of the Cambridge University Cavendish Laboratory, the Company has received more than $200 million in funding from leading international technology firms and investors. Plastic Logic has research and development in Cambridge, England; high-volume, state-of-the-art manufacturing in Dresden, Germany; and executive management, product engineering, sales and marketing headquartered in Mountain View, California. For more information please go to http://www.plasticlogic.com.

Media contact:
Betty Taylor, Krause Taylor Associates (for Plastic Logic)
408-918-9082 or bettyt at krause-taylor.com

For more information please go to http://www.plasticlogic.com.