| Posted: September 9, 2009 |
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Vitex Systems Announces License Agreement With Major Thin-Film Supplier
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(Nanowerk News) Vitex Systems, Inc., a leading technology developer, licensor and engineering service provider for thin-film encapsulation and moisture barrier films, today announced that it has executed a license agreement with a global supplier of specialty materials and related thin-film services, granting them the rights to develop and manufacture Vitex's proprietary Barix™ Barrier Film. Licensed fields of use include, but are not limited to, photovoltaic and other large-area thin-film technology based applications. Financial terms were not disclosed.
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"This new partner has years of experience coating various films in roll-to-roll format, and can support requests for Barix Barrier Films in sizes and volumes larger than Vitex is currently able to handle," said Chyi-Shan Suen, President and COO, Vitex Systems. "They have a specialty materials division that brings a deep understanding of the materials and proper characteristics required to produce superior coatings with our patented process, as well as a strong engineering team and proven production capability ready for producing Barix Barrier Films."
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Suen added, "Over the past year Vitex has achieved significant milestones demonstrating the unique advantages of Barix Barrier Film for encapsulation of thin-film photovoltaic cells to create thin, efficient, flexible solar cells."
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Cooperating with Pacific Northwest National Laboratory, Vitex recently demonstrated results obtained on SoloPower's thin-film CIGS (copper indium gallium selenide) PV. When protected by Vitex's Barix Barrier Film, the cells had less than 10% efficiency degradation after 1,920 hours of damp heat tests at 85°C and 85% relative humidity, exceeding the IEC 61646 standard which only demands testing to 1,000 hours.
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About Vitex Systems
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Vitex Systems Inc., headquartered in San Jose, Calif., licenses its intellectual property and provides related engineering expertise to enable organic light-emitting diode (OLED) display manufacturers and producers of organic optoelectronic devices to speed time-to-market of thinner, lighter, lower-cost products. Vitex solutions include: Barix™ proprietary encapsulation process technology; Barix Barrier Film, previously known as Flexible Glass, a next-generation flexible barrier substrate; and the Guardian™ deposition system tool. The company was incubated at Battelle Memorial Institute, the world's largest independent private non-profit research foundation, and was spun off as an independent company in 1999.
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