Plastic Logic Opens World's First Commercial Plastic Electronics Manufacturing Factory...

Plastic Logic Opens World's First Commercial Plastic Electronics Manufacturing Factory in Dresden, Germany

German Dignitaries and Industry VIPs Mark Occasion in Silicon
Saxony
DRESDEN, Germany--(Business Wire)--
Plastic Logic, the world's leader in plastic electronics, today
officially opened a state-of-the-art commercial scale plastic
electronics manufacturing facility. The Dresden factory is a fully
automated and integrated facility that will begin volume production of
groundbreaking displays based on Plastic Logic's patented and
proprietary plastic electronics technology.

"The world's first commercial scale plastic electronics
manufacturing facility is now open," said Plastic Logic CEO Richard
Archuleta. "Today marks an extraordinary achievement for our company
and the plastic electronics industry. It also marks a major milestone
in preparation for the delivery of our first consumer electronics
product early next year."

Plastic Logic's core technology solves the critical issue in
manufacturing high-resolution transistor arrays on flexible plastic
substrates using a low-temperature. The process is simpler than
conventional glass silicon processes, and produces active matrix
displays that are thinner, lighter and more robust than glass.

The Dresden factory is set to begin volume production of the
display that is the key feature of Plastic Logic's forthcoming
electronic reading product, scheduled to come to market in early 2009.
Attendees at today's ceremony, including local and industry
dignitaries, received a sneak preview of the product in addition to a
view of the specialized factory.

Facts About The Factory

-- The Plastic Logic plant was completed and ready for production
in record time - just 16 months after the building's
cornerstone was laid in May 2007.

-- Advanced new processes and tools were specified, designed and
created to successfully transfer proof of concept technology
and processes first developed in Plastic Logic's Cambridge, UK
research and development lab.

-- Plastic Logic utilized a unique mix of standard production
equipment from display manufacturing and other industries that
were tailored to produce displays delivered in high volumes at
costs to give it significant competitive advantage.

-- The factory was designed for flexibility and the capacity to
produce hundreds of thousands of the displays annually.

Plastic Logic's Managing Director and Vice President of
Manufacturing, Konrad Herre, said: "Our on-time opening of this
first-of-its-kind facility was made possible by the ingenuity,
dedication and tireless efforts of our employees both here and in the
UK, our ability to enlist and collaborate with a group of world-class
suppliers, and the strong commitment of German officials and our
investors."

About Plastic Logic

Plastic Logic's mission is to lead a revolution in the way people
acquire, organize and consume digital information, using our
proprietary technology leadership in plastic electronics to create a
range of products. Our first product, focused on reading digital
content, will enter the marketplace in early 2009.

Founded in 2000 by researchers out of the Cambridge University
Cavendish Laboratory, the Company has received more than USD 200
million in funding from leading international technology firms and
investors. Plastic Logic has research and development in Cambridge,
England, high-volume, state-of-the-art manufacturing in Dresden,
Germany, and executive management, product engineering, sales and
marketing headquartered in Mountain View, California. For more
information go to http://www.plasticlogic.com.

Plastic Logic GmbH
Rachel Lichten, +49 (0)351 88344-120
rachel.lichten@plasticlogic.com
or
Krause Taylor Associates (for Plastic Logic)
Betty Taylor, 1-408-918-9082
bettyt at krause-taylor.com

Copyright Business Wire 2008