Hilary Charles Joins Cambridge Display Technology as General Counsel

Cambridgeshire, UNITED KINGDOM


CAMBRIDGE, United Kingdom, April 18, 2007 (PRIME NEWSWIRE) -- Cambridge Display Technology (CDT) (Nasdaq:OLED), a pioneer in the development of polymer light emitting diode (P-OLED) technology, today announced that Hilary Charles, (42), has joined the Company as General Counsel.

Prior to joining the Company, Charles served as general counsel for nCipher, a Cambridge, U.K.-based technology company. Earlier she served in senior legal counsel roles at ARM and at Abbey National. During her seven year tenure at ARM, Charles served in a key role supporting the company through their IPO on both the London Stock Exchange and NASDAQ.

"Hilary's significant and highly relevant legal experience in the U.S., U.K. and Japanese markets, including her expertise in technology licensing, patent licensing and joint venture agreements, make her an ideal candidate to serve as General Counsel to CDT," said Dr., David Fyfe, CEO of CDT.

Charles earned a Bachelor of Law from Lancashire Polytechnic before completing her Legal Practice Course at The College of Law in Chester. From here she gained her Articles of Clerkship in private practice, qualifying as a solicitor in 1990.

About CDT

Cambridge Display Technology is a pioneer in the development of light emitting polymers (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 organic light emitting diodes, or 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, U.K. and listed on the U.S. NASDAQ Global Market under the symbol 'OLED'.

More information on CDT can be found at: www.cdtltd.co.uk

Statements contained in this press release that are not historical facts are "forward-looking statements" and their presence may be indicated by words such as "believe," "expect," "anticipate," "intend," "plan," "estimate," "seek," "will" and "may," as well as the negative thereof and similar expressions. There can be no assurance that future developments affecting Cambridge Display Technology, Inc. and its subsidiaries will be those anticipated by management. Among the factors, risks and uncertainties that could cause actual results to differ, possibly materially, from expectations or estimates reflected in such forward-looking statements are the following: the outcomes of the Company's ongoing and future research and development activities, as well as those of its licensees; the Company's ability to form and continue strategic relationships with manufacturers of P-OLED materials and displays; the successful commercialization of products that include the Company's P-OLED technology by its licensees; the willingness of the Company's manufacturers and licensees to continue to develop, manufacture and sell commercial products integrating the Company's technology; the future demand for products using the Company's P-OLED technology; the comparative advantages and disadvantages of any competing technologies; the Company's ability to maintain and improve its competitive position following the expiration of its fundamental patents; the adequacy of protections afforded to the Company by the patents that it owns or licenses and the cost to the Company of enforcing these patents; the Company's ability to obtain, expand and maintain patent protection in the future and to protect its unpatentable intellectual property; and the Company's future capital requirements and its ability to obtain additional financing when needed. Readers should also consider the additional factors described under the caption "Risk Factors" in the Company's 10-K and 10-Q reports filed with the SEC. Investors should not place undue reliance on such forward-looking statements and the Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.



        

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