Exciton Technology to begin fulfilling orders for Nanosys-certified Quantum Dot Enhancement Film in early 2017

Ningbo, China and Milpitas, Calif., USA , March 16, 2017 – Nanosys, Inc., the global leader in Quantum Dot production, and Exciton Technology, the market leader in diffuser films for LCD displays, announced today that the two companies have strategically partnered in the development of optical Quantum Dot Enhancement Films (QDEF®) using cutting-edge nanotechnology for display applications. QDEF technology delivers the brightness and full palette of lifelike colors required for the full UltraHD TV user experience that will drive the market to $52 billion by 2020*. According to the agreement, Nanosys and Exciton will collaborate extensively to manufacture and market competitive QDEF products to improve the demand for high-performance displays.

The partnership was unveiled at a special event in Shanghai last week. Top Chinese Consumer Electronics brands including Hisense and Whaley joined Nanosys and Exciton in sharing their vision for the future of Quantum Dot technology in displays.

Exciton Technology is rapidly becoming a worldwide technology leader for QDEF films used in the manufacture of Ultra High Definition televisions. The company completed its initial public offering (IPO) on November 15, 2016 and is now listed on the Shenzhen Exchange (Exciton Tech 300566). In addition, Exciton, recently completed the construction of a new manufacturing facility with an advanced Quantum Dot coating line that is dedicated to QDEF production. 

“Nanosys is the innovative leader in Quantum Dot technology – always providing the best quantum dot performance, material reliability, most competitive price and a solid IP foundation for Exciton and our customers,” said Dr. John Zhang, chief executive officer, Exciton Technology. “We have already secured orders from display makers and will begin shipping QDEF in mass production volumes during the first half of 2017.” 

“Exciton is a world-leading manufacturer of optical films for displays, and has an execution-focused culture that moves fast, with a proven ability to thrive in this highly competitive market,” said Russell Kempt, vice president of global sales and marketing, Nanosys, Inc. “This new, China-based supply of high quality and cost competitive QDEF will further accelerate the utilization of Quantum Dot technology in UltraHD televisions.”

Advantages Quantum Dots
Nanosys QDEF Quantum Dot technology makes displays more vivid by enabling pure colors with lifelike brightness using cutting-edge nanotechnology. QDEF is a drop-in film that LCD manufacturers can integrate with existing production processes. It utilizes the light emitting properties of Quantum Dots to create an ideal backlight for LCDs -- one of the most critical factors in the color and efficiency performance of displays.

* Source: Source: IHS Quarterly Worldwide FPD Shipment and Forecast Report

About Nanosys
Nanosys, Inc. is the leader in developing and delivering state-of-the-art Quantum Dot technology to the display industry. Nanosys’ proprietary QDEF® technology, a key component of the Ultra High Definition (UHD) TV revolution, is enabling a new generation of displays using Quantum Dots to deliver vivid color, lifelike brightness and incredible power efficiency at a fraction of the cost of competing technologies. Industry-leading consumer electronics brands have shipped award- winning devices from tablets to TVs based on Nanosys’ proprietary Quantum Dot technology.

Founded in 2001, the company is headquartered in Silicon Valley, California where it operates the world’s largest Quantum Dot nanomaterials fab with manufacturing capacity for over 25 tons of Quantum Dot materials per year. Nanosys currently owns or has exclusive license rights to more than 300 issued and pending patents worldwide. For more information, visit http://www.nanosysinc.com/

Hyperion, QDEF and Nanosys are trademarks of Nanosys, Inc., registered in the United States and in other countries.

About Exciton Technology
Exciton was founded in the National High-technology Park of Ningbo in March, 2007.
The company, based on the most advanced production technology and materials science, has a development goal to become the world's largest, most profitable and most respected optical film company. The company is committed to providing its customers with the best quality and service, and to supply best-in-class optical film solutions to the flat panel display, solar cell and LED lighting industries. Since it was established, the company has been focused on liquid crystal display with optical film production technology and production process upgrades and innovation, independent of the optical diffusion film, prism film, reflective film and other optical film product development, production and sales.

The company is in the State Ministry of Science and Technology Torch high-tech industry development center identified with the national Torch Program focused on high-tech enterprises, post-doctoral research platform enterprises, with rich technical level and research and development capabilities. The company has a number of patents granted in the area of display optical films. The company's products are in the Samsung, LGD, Sharp, AUO, Foxconn, TPL, TCL, Hisense, Haier, Changhong, Skyworth, BOE, Tianma and many other international and domestic consumer electronics brands. The company is the leader in the field of optical film for display globally.

For more information, visit http://excitontech.cn

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