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The Clear Solution®

中 国 · 天 津

The PixClearProcess™ High RI ZrO2 Nanocomposites

Winner of Frost and Sullivan Manufacturing Leadership Council’s Manufacturer of the Year 2017 (

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Company Overview

Locations

Disruptive Technology

Customers & Partners

• Baltimore, MD - HQ• Iowa City, IA - Sales• Taipei, Taiwan - Sales

• Technology leader in Next Generation High-RI Nanocomposites

• 46 Issued and Pending Patents

Key Markets Served

• OLED Display, HD Display, OLED Lighting, LED Lighting

Manufacturing • 5 MT Pilot Baltimore, MD• 40 MT Full-scale, PA, 4Q17

Distributors • Korea, Japan, Taiwan

• 65+ Leading Device & Advanced Materials Companies

引领和陪伴中国制造走向中国创造

• ZrO2 Nanocrystal Dispersions are the best available

– Uniform 10nm capped spheres

– High loadings (>80wt%)

– Increases RI >1.8

– 95% transmittance

– Minimal effect on viscosity

– Broad compatibility

3

TEM Image of ZrO2 Nanocrystals

Technology Leader in High Refractive Index Materials

3um Film in Acrylic Polymer

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NC Preparation Basic FormulationFilm

Characterization

Material

Application

• Dispersion

• Viscosity

• Curing Condition

• Pot Life

• Shelf Stability

• Proof of Concept

• Refractive Index

• Wetting

• Transmission

• Absorption

• Thermal Aging

• Modulus

• Hardness

• Haze

• Surface Tension

• Dispensing

• Spray Coating

• Slot Die Coating

• Inkjet Coating

• Spin-Coating

• Drawbar

• UV Curing

• Synthesis

• Capping

• Purification

Customer

• Proof of Concept

• Testing

• Integration

• Reliability Testing

• Scaling

• Production

Application Development Capabilities

引领和陪伴中国制造走向中国创造

Broad Compatibility

Customer Target Material

OLEDLighting

OC&F

Zirconia Nanocrystals

Manufacturing

Benefits

LED

High RI Transparency Dielectric HardnessThermal Stability

Light Stability

Polar Solvents

Non-Polar Solvents

Solvent-Free Monomers

SolutionProcessible

Dispersion Medium

Silicone Siloxane Epoxy Acrylics Hybrid

TBD

Inkjet Slot Die Imprint Dispense

OLEDDisplay

Display

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Extending the PixClearProcess™

Today Future

引领和陪伴中国制造走向中国创造

Len

gth

of

Cap

pin

g A

gen

t

Surface Coverage

PG-2PB-2 PR

PN

Acrylic cross-linking

No cross-linkcapping

*RI at 450 nm with up to 90wt% loading measured by ellipsometer using base polymer with 1.58 RI at 450 nm

Capping Variations in the PixClear® 4pack

• For the cross-linking materials: PCPr has higher acrylic cross-link capping resulting in greater substrate adhesion, hardness, and better performance with processing chemicals

• PCPB-2 has higher dispersibility capping leading to higher RI nanocomposites

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PGA Family

ETA Family

Custom

OLED Family

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Significant Customer Benefits in Rapidly Growing Markets

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LED Lighting

OLED LightingOLED Display

LED, LCD,QD, andReflective Displays

Releases up to 35% of trapped light in LEDs

Increases OLED lighting efficiency by >100%

Increases OLED display brightness 50% to 200%

Provides substantial operating efficiencies across all display technologies

$103 $110

$32 $56 $16

$42 $151

$210

2016 2020

Non-OLED Display LED LightingOLED Display OLED Lighting

Total Available Market ($B) (1)

(1) Source: Wall Street research, BCG, UBI Research and IHS

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PixClear® delivers:

• 1.75+ RI

• 95% transparency

• Flexible or rigid

• 100%+ light efficiency improvement

• Improved scratch resistance

PixClear® Display Applications

Anti-reflective hard coating

Optically clear adhesive

ITO index matching

Optically clear adhesive

Light extraction microlenses

HRI-enabled LED backlight

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OLED Display Simulation Using High RI Lenses

10

0.00

200.00

400.00

600.00

800.00

1000.00

1200.00

1400.00

0 10 20 30 40 50 60

Lum

inan

ce (

Cd

/m^2

)

Angle (deg)

3X Luminance Improvement

Control

21

• Optimized pixel structure for control

• Added high RI lenses

• Greater luminance at all viewing angles

• Reduced color shift from 0 - 60 degrees

Data from work with DuPont. Used with Permission.

3XLens

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PixClearProcess™ ZrO2

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ZrO2 Nanoparticle

Capped ZrO2 Nanoparticle

Nano Dispersions and

Formulations

• Broad Materials Compatibility

• Wide Range of Applications

• Application specific surface modification

• Same equipment and process for all products

• Synthesizing ZrO2 nanoparticle for all products

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Volume

- 5 MT pilot line today

- >40 MT on line 4Q17

- Further scaling without constraints

Quality

- State of the art quality control and characterization capabilities

- Consistent Lot to lot quality, over multiple years

Compliance

- Fully compliant with all US and International EH&S and standards.

Cost

- >95% Mfg cost reduction from lab to Mass Production

- Driving compelling value propositions

PixClearProcess™

ZrO2

Scaled PixClearProcess™

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Robust Process Control and Analytics

• Process Control – Siemens based custom process control and monitoring system

• Analytics – Multiple tools measuring particle size, dispersion quality, and purity ie. DLS, UV-VIS, TGA, GC, etc.

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Global Business Development and Sales Footprint

HQ & Manufacturing

Manufacturing

Sales & Distribution North AmericaPixelligent Direct

Shree DeshpandeVP BD/Sales

Midwest Office Cale YearyBD Associate

Midwest Office

EU Pixelligent Direct

Vincent JaoAsia Sales Director

Taiwan

AMC Korea Inabata Japan Inabata Taiwan China Agency (TBD)

Masaru IidaAdvisory Board

Member - Japan

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Disruptive Product & Process Technology

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One of the only Nanomaterials Companies that is Delivering both

Scale and Breakthrough Technology in numerous multi-

billion dollar markets: OLED Display, Display,

OLED Lighting, & LED Lighting

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Select Customers & Partners

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