DGAP-Adhoc: LPKF Signs Technology License Agreement with Nippon Electric Glass

Garbsen, 12 May 2020 - Today, technology company LPKF has signed a License Agreement with Nippon Electric Glass Co., Ltd. (NEG) for the use of its proprietary LIDE technology in display manufacturing applications including cover glass, substrate glass, and other glass components. NEG is one of the world's leading manufacturers of special glass, with their head office located in Otsu, Japan. As part of the agreement signed today, NEG has purchased an initial Vitrion system, to be delivered later in the current quarter.

LPKF's LIDE technology (Laser Induced Deep Etching) enables customers to process thin glass quickly, precisely and without any damage such as micro cracks. This makes LIDE a fundamental technology for many microsystems technology applications, including in the display and semiconductor industries, microfluidics, or MEMS fabrication.

The license agreement is an important step for LPKF in establishing the company as a systems supplier for the display industry, and in unlocking a key application for LIDE. The parties have agreed not to disclose details of the license agreement.

LPKF Laser & Electronics AG shares are traded in the Prime Standard segment of the German Stock Exchange (ETR:LPK, ISIN: 0006450000) and are listed in the SDAX index.


Contact:
Bettina Schäfer, Department Manager Group Communication & Investor Relations