TC TECH receives order for one production system from leading Asian LGP manufacturer for laptops and tablets

TC TECH Sweden AB (publ) announces that the company has received an order for one production system for high-performing LGPs for LCD displays from a leading LGP manufacturer based in Taiwan. The customer delivers LGPs for laptops and tablets from globally recognized brands.

The order is TC TECH’s first from a customer with a strong focus on LGPs for LCD displays in larger sizes than mobile phone displays. The customer conducts significant research and development in LCD display solutions, and has well-established relations with premium manufacturers of laptops and tablets.

“With this order, we are able to initiate a commercial relation with a leading customer in a key segment for our technology platform. It will be really exciting to see how they will utilize the advantages of our LGPs,” says TC TECH’s CEO Alexander Luiga.

LGPs manufactured with the use of TC TECH’s technology platform are ideally suited to integrate into LCD displays for laptops and tablets in the premium segment. End customers who purchase these products want the advantages that the technology offers, such as thinner products, lower energy consumption and improved image quality.

For further information, please contact:

Alexander Luiga, C.E.O., TC TECH Sweden AB (publ)
Tel: +46 (0)8-788 08 01
Email: alexander.luiga@tctech.se
www.tctech.se

This information was submitted for publication through the agency of the contact person set out above, at 12.00 C.E.T. on April 1st 2019.

About TC TECH

TC TECH develops, manufactures and sells systems used for the replication of nano-structures in polymer products. The company’s business operations are based on an IPR-protected induction technology developed by TC TECH’s own R & D team. The technology makes it possible to heat and cool different kinds of material – in very short time, and with very high precision. The technology is well suited for polymers, and the company has chosen Light Guide Plates (LGP) as its initial focus. LGP is an acrylic panel that directs and diffuses the light emitted from the light source behind the display. TC TECH’s system makes it possible to produce displays that are thinner, refracts light more efficiently while at the same time reducing energy consumption.

The TC TECH share is listed on Nasdaq First North.

Arctic Securities is the company's Certified Adviser, email: certifiedadviser@arctic.com, tel: +46 844 68 61 00.

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