CAMBRIDGE, England, Oct. 16, 2006 (PRIMEZONE) -- Cambridge Display Technology (CDT) (Nasdaq:OLED) today announced that it has retained The Piacente Group, a full service financial communications consulting firm based in New York, to provide strategic investor relations services.
"The Piacente Group's successful experience in working with small cap technology companies to increase their visibility among the investment community makes them a solid choice for CDT as we move toward expanding our outreach and communications with investors," said David Fyfe, chairman and CEO of Cambridge Display Technology.
"We're excited to work with Cambridge Display Technology. A pioneer in the development of polymer OLEDs, the company has made significant strides in licensing and increasing market demand for its products and is well positioned to leverage growing demand for high quality electronic display technology solutions. We look forward to implementing a targeted investor relations program to assist CDT in increasing shareholder value," said Brandi Piacente, president of The Piacente Group.
About CDT
Cambridge Display Technology is a pioneer in the development of polymer organic light emitting diodes (P-OLEDs) and their use in a wide range of electronic display products used for information management, communications and entertainment.
P-OLEDs are part of the family of OLEDs, which are thin, lightweight and power efficient devices that emit light when an electric current flows. P-OLEDs offer an enhanced visual experience and superior performance characteristics compared with other flat panel display technologies such as liquid crystal displays, and have the key advantage that they can be applied in solution using printing processes. Founded in 1992, the company is headquartered in Cambridge, UK and listed on the U.S. NASDAQ National Market under the symbol 'OLED'. In 2005, CDT and Sumitomo Chemical established a joint venture called Sumation(r) which develops, manufactures and sells P-OLED materials to the display industry. More information on CDT can be found at: www.cdtltd.co.uk
ABOUT THE PIACENTE GROUP
The Piacente Group, Inc. is an investor relations and financial communications consulting firm based in New York with offices in San Francisco, Los Angeles, Beijing and Guangzhou, China. With a focused approach on developing integrated strategic solutions to a company's investor relations program, The Piacente Group's main objectives are to increase visibility to investors and deliver enhanced shareholder value to its diversified client base. The Piacente Group is dedicated to providing client customized solutions in a dynamic investment environment. For more information, please visit www.tpg-ir.com.