NTERA and GSI enter licensing agreement

NTERA, a supplier of all-printed, flexible, color change display technologies, and GSI Technologies, manufacturer of functional printed electronic components, have entered into a license and material supply agreement to produce devices using NTERA’s NanoChromics technology. The companies will bring a range of printed electronics products to market, leveraging the capabilities of NTERA’s all printed display technology. Initial products will focus on smart cards, including unique color change elements on stored value cards (novelty and gift) as well as one-time passcode (OTP) authentication cards used to protect online information in the enterprise, banking and consumer markets.

Under the agreement, GSI Technologies will manufacture printed electronics products using NTERA’s NanoChromics technology at its Burr Ridge, Illinois manufacturing facility. GSI has implemented NTERA’s NanoChromics material and technology on its sheet-fed and web-fed (roll-to-roll) printing assets. ‘We believe that NTERA’s technology represents a significant breakthrough in terms of reducing the overall cost of manufacture for printed displays,’ said Jack Kraemer, president and COO of GSI Technologies. ‘NanoChromics is an exciting technology for addressing the economics and mass production at scale required to introduce displays into a broad range of printed electronics applications, starting with smart cards.’

‘Working with GSI Technologies, a recognized leader in printed electronics with numerous products already in mass production, represents indisputable validation of the commercial potential of our technology in this market,’ said David Corr, CEO of NTERA. ‘The commercial manufacturing of our single substrate, all-printed NCD technology endorses the new direction we took late last year to focus our business activities on the rapidly emerging printed electronics market.’