Recently, Luxell Technologies Inc. (TSX:LUX) is pleased to report it has now been issued an additional U.S. patent (No. 7372436). The patent specifically relates to reducing ambient light reflections off of the display face and provides OLED displays with greater sunlight legibility. The resulting end-display will benefit from an increased readability and from reduced production costs as the use of polarizing filters is no longer required.

Luxell considers this to be an important patent addition to its intellectual property ("IP") portfolio and a significant representation of the efforts and resources invested by Luxell in previous years to develop new display technology and processes. Jean-Louis Larmor, Luxell's CEO, said "this patent re-enforces the value of the global IP that has been developed by Luxell in Flat Panel technologies. Our focus and task are to find timely market applications to bring these enabling competitive advantages to the aerospace, transport and defense products arena." Mr. Larmor added "Refocusing the company approach to growing revenues by getting products to market on a timely basis has already demonstrated that Luxell can use its knowledge base and IP to efficiently increase its revenues and margins."