|By Marketwired .||
|January 20, 2014 05:30 AM EST||
SEOUL, SOUTH KOREA and MENLO PARK, CA -- (Marketwired) -- 01/20/14 -- Kateeva today announced an expansion of its Korea operation, marking a substantial investment in the world's leading display manufacturing region. The company will absorb the assets of Seoul-based OLED Plus Co. Ltd., (OLED Plus), an OLED equipment design, sales, service and support company headed by OLED industry veteran, KB (Kyung Bin) Bae. Kateeva has developed an inkjet printing manufacturing equipment solution for flexible and large-size OLEDs. Kateeva and OLED Plus first began collaborating in 2011 to advance Kateeva's customer and product positioning in Korea. Today's move builds on that effort by creating an "instant-on" local infrastructure to support Kateeva customers. Mr. Bae becomes General Manager of the combined entity known as Kateeva Korea, a wholly owned subsidiary of Kateeva, Inc.
The expansion marks a high point for Kateeva. Last November, the company introduced the YIELDjet platform, the world's first inkjet printer engineered from the ground up to mass produce flexible and large-size OLED panels. Interest in the technology is high, especially in Korea. Display manufacturers are attracted by the breakthrough design innovations that dramatically increase yield and lower production costs. Moreover, the timing for Kateeva's Korea expansion is ideal. With the market for rigid OLED devices now maturing, demand for flexible OLED products is on the rise. Enabling such ultra-light, paper-thin OLED displays -- at an economically viable cost -- is central to Kateeva's precision inkjet deposition solutions.
Kateeva CEO Alain Harrus, Ph.D., called the expansion a timely strategic move. "Korea is home to consumer electronics leaders known for consistently pushing technology boundaries to create dazzling products. Today, their most ambitious products are made possible by OLED technology. And companies like Kateeva are stepping up with production equipment innovations that are transforming the manufacturing economics. Thanks to Mr. Bae and his team, we have established a firm foothold in the region and forged strong relationships with key players. Now, with commercial shipments imminent, we've got the right-size support infrastructure. We're pleased to welcome our new colleagues into the Kateeva organization."
"Kateeva and OLED Plus make an excellent match," said Mr. Bae. "The YIELDjet technology is impressive, and the team is exceptional. More important, customers are excited about inkjet printing for OLED mass production. Long considered the ideal technique for OLED, there's keen interest in Kateeva's solution which is the industry's first production-worthy approach. We're happy to join the team that's bringing this game-changing production technology to Korea."
Co-founded by Mr. Bae in 2010, OLED Plus develops advanced OLED deposition/encapsulation equipment which is used by leading display manufacturers. Mr. Bae began his OLED career in 1998 when he founded ANS, Inc., also a developer of OLED deposition/encapsulation equipment. ANS introduced the industry's first Thin Film Encapsulation (TFE) tool. In 2009, SNU Precision acquired ANS. Mr. Bae then led SNU Precision's OLED products division. Before ANS, Mr. Bae worked with Varian Korea.
About Kateeva, Inc.
Kateeva is driving new advances in OLED production technology. The company has pioneered an inkjet printing manufacturing equipment solution that enables flexible and large-size OLEDs to be produced over large areas and in high volume -- with longer lifetimes, higher yields and lower production costs. It's the industry's first economically viable and production-worthy technique to use printing for low-cost mass-production of OLEDs. Kateeva is headquartered in Silicon Valley, maintains a wholly owned subsidiary in Korea, and is backed by leading Venture Capital firms and other investors. www.kateeva.com.
YIELDjet is trademarked by Kateeva.
Genuity PR for Kateeva, Inc
Email: Email Contact
“Will Jaya is a direct source for server integration and storage solutions. If you are looking for any specific configurations for a project we can help you configure based on your needs and requirements," explained Netty Goya, CEO of Will Jaya, in this SYS-CON.tv interview at 15th Cloud Expo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Jun. 1, 2015 09:15 PM EDT Reads: 3,304
There is little doubt that Big Data solutions will have an increasing role in the Enterprise IT mainstream over time. 8th International Big Data Expo, co-located with 17th International Cloud Expo - to be held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA - has announced its Call for Papers is open. As advanced data storage, access and analytics technologies aimed at handling high-volume and/or fast moving data all move center stage, aided by the cloud computing bo...
Jun. 1, 2015 09:15 PM EDT Reads: 1,592
SYS-CON Events announced today that the "First Containers & Microservices Conference" will take place June 9-11, 2015, at the Javits Center in New York City. The “Second Containers & Microservices Conference” will take place November 3-5, 2015, at Santa Clara Convention Center, Santa Clara, CA. Containers and microservices have become topics of intense interest throughout the cloud developer and enterprise IT communities.
Jun. 1, 2015 09:15 PM EDT Reads: 514
"SendGrid sends about 15 billion emails a month and process all the events associated with that, about a trillion events a year," explained Aaron Beach, Senior Data Scientist at SendGrid, in this SYS-CON.tv interview at Cloud Expo, held Nov 4-6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Jun. 1, 2015 09:00 PM EDT Reads: 403
Growth hacking is common for startups to make unheard-of progress in building their business. Career Hacks can help Geek Girls and those who support them (yes, that's you too, Dad!) to excel in this typically male-dominated world. Get ready to learn the facts: Is there a bias against women in the tech / developer communities? Why are women 50% of the workforce, but hold only 24% of the STEM or IT positions? Some beginnings of what to do about it!
Jun. 1, 2015 08:45 PM EDT Reads: 557
SYS-CON Events announced today that SUSE, a pioneer in open source software, will exhibit at SYS-CON's DevOps Summit 2015 New York, which will take place June 9-11, 2015, at the Javits Center in New York City, NY. SUSE provides reliable, interoperable Linux, cloud infrastructure and storage solutions that give enterprises greater control and flexibility. More than 20 years of engineering excellence, exceptional service and an unrivaled partner ecosystem power the products and support that help ...
Jun. 1, 2015 08:15 PM EDT Reads: 1,051
“DevOps is really about the business. The business is under pressure today, competitively in the marketplace to respond to the expectations of the customer. The business is driving IT and the problem is that IT isn't responding fast enough," explained Mark Levy, Senior Product Marketing Manager at Serena Software, in this SYS-CON.tv interview at DevOps Summit, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Jun. 1, 2015 08:15 PM EDT Reads: 3,983
SYS-CON Events announced today that BMC will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. BMC delivers software solutions that help IT transform digital enterprises for the ultimate competitive business advantage. BMC has worked with thousands of leading companies to create and deliver powerful IT management services. From mainframe to cloud to mobile, BMC pairs high-speed digital innovation with robust...
Jun. 1, 2015 08:15 PM EDT Reads: 1,293
"ElasticBox is an enterprise company that makes it very easy for developers and IT ops to collaborate to develop, build and deploy applications on any cloud - private, public or hybrid," stated Monish Sharma, VP of Customer Success at ElasticBox, in this SYS-CON.tv interview at DevOps Summit, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Jun. 1, 2015 08:00 PM EDT Reads: 4,490
ThingsExpo New York is offering a limited time FREE "Expo Plus" registration option in New York. On site registration price of $1,95 will be set to 'free' for delegates who register during special offer. To take advantage of this opportunity, attendees can use the coupon code, and secure their registration to attend all keynotes, ThingsExpo sessions, expo floor, and SYS-CON.tv power panels. Special FREE registration givess access to all DevOps, Containers and Microservices sessions as well. Regi...
Jun. 1, 2015 08:00 PM EDT Reads: 685
The only place to be Nov 3-5 is Cloud Expo | @ThingsExpo | DevOps Summit 2015 West at the Santa Clara Convention Center in Santa Clara, CA. Join us there as delegates from all over the world come to listen to and engage with speakers & sponsors from the leading Cloud Computing, IoT, Big Data and DevOps companies. Cloud Expo & @ThingsExpo are the leading events covering the booming market of Cloud Computing, IoT & Big Data for the enterprise. Speakers from all over the world will be hand-picked...
Jun. 1, 2015 07:30 PM EDT Reads: 1,681
The 17th International Cloud Expo has announced that its Call for Papers is open. 17th International Cloud Expo, to be held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, APM, APIs, Microservices, Security, Big Data, Internet of Things, DevOps and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding bu...
Jun. 1, 2015 07:30 PM EDT Reads: 4,321
The 4th International Internet of @ThingsExpo, co-located with the 17th International Cloud Expo - to be held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA - announces that its Call for Papers is open. The Internet of Things (IoT) is the biggest idea since the creation of the Worldwide Web more than 20 years ago.
Jun. 1, 2015 07:30 PM EDT Reads: 1,924
"At Harbinger we do products as well as services. Our services are with helping companies move their products to the cloud operating systems. Some of the challenges we have seen as far as cloud adoption goes are in the cloud security space," noted Shrikant Pattathil, Executive Vice President at Harbinger Systems, in this SYS-CON.tv interview at Cloud Expo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Jun. 1, 2015 07:00 PM EDT Reads: 3,112
“In the past year we've seen a lot of stabilization of WebRTC. You can now use it in production with a far greater degree of certainty. A lot of the real developments in the past year have been in things like the data channel, which will enable a whole new type of application," explained Peter Dunkley, Technical Director at Acision, in this SYS-CON.tv interview at @ThingsExpo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Jun. 1, 2015 06:15 PM EDT Reads: 5,474