BILLERICA, Mass.--E Ink Holdings, “E Ink”(8069.TW), the leading innovator of electronic ink technology, announced today that they have signed a joint development agreement (JDA) with MICROVIEW Electronics (Shenzhen) Co., Ltd. for the development and sale of ePaper modules for retail shelf labels, healthcare, wearables and various IoT applications.

E Ink and MICROVIEW Electronics will use their respective strengths to jointly develop and expand applications using E Ink’s ePaper products. E Ink will provide ePaper films to MICROVIEW, who will be authorized to manufacture and sell ePaper display modules, and E Ink will support MICROVIEW Electronics in the development and production of those modules.

MICROVIEW Electronics will leverage their strong customer base and customer support capabilities to further develop and promote ePaper applications, including Electronic Shelf Labels (ESL), smart healthcare wearables and smart home devices.

"E Ink has been working with MICROVIEW Electronics for many years, and we are excited that they are joining our ecosystem as a manufacturing partner of ePaper modules,” said Johnson Lee, CEO of E Ink Holdings. “In recent years, MICROVIEW Electronics has continued to provide professional OEM and ODM services for E Ink’s system integration partners for ePaper labels. With this JDA, MICROVIEW will work with E Ink to provide high-quality and complete manufacturing services to ePaper ecosystem partners, helping to expand the market of ePaper products with E Ink.

"MICROVIEW Electronics is grateful to E Ink for their long-term support and assistance. With this JDA, we can strengthen our relationship,” said Tsai Wei, Chairman of MICROVIEW Electronics. “MICROVIEW Electronics is looking forward to bringing new applications with E Ink displays to the market over the next five years. We have invested in new automated equipment, expanded our research and development resources and are working with academic institutions to strengthen the E Ink display ecosystem.”

MICROVIEW Electronics Co., Ltd. expects to reach an annual production capacity of five to eight million ePaper display modules in 2021 and an annual production capacity of 10 million ePaper modules in 2022.

MICROVIEW Electronics Co., Ltd. was founded in Shenzhen in 2004. It has built the first LCM display module factory in Southern China, and its management team has been devoted to the display market for decades. MICROVIEW Electronics has been manufacturing ePaper display modules (EPD) for E Ink since 2011. Form 2014, it has cooperated with Pervasive Displays Inc. to manufacture EPD and focused on EPD manufacturing technology and OEM services. MICROVIEW Electronics has signed the Joint Development Agreement (JDA) with E Ink in 2020 to go all out for the EPD ODM business and will cooperate with customers including Hanshow Technology in the research and development of EPD module and ODM business partnership.

E Ink Holdings Inc. (8069.TWO), based on technology from MIT’s Media Lab, has transformed and defined the eReader market, enabling a new multi-billion dollar market in less than 10 years. E Ink’s low power products are ideal for IoT applications ranging from retail, home, hospital, transportation and more, enabling customers to put displays in locations previously impossible. The Company’s corporate philosophy aims to deliver revolutionary products, user experiences and environmental benefits through advanced technology development. This vision has led to its continuous investments in the field of ePaper displays as well as expanding the use of its technologies into a number of other markets and applications including smart packaging and fashion. Its Electrophoretic Display products make it the worldwide leader for ePaper. Its Fringe Field Switching (FFS) technologies are a standard for high-end LCD displays and have been licensed to all major liquid crystal display makers in the world. Listed in Taiwan's Taipei Exchange (TPEx) and the Luxembourg market, E Ink Holdings is now the world's largest supplier of ePaper displays. For more information please visit www.eink.com.

Anna Halstead / Racepoint Global

617-624-3492

eink@racepointglobal.com