Vitex Systems Signs License Agreement With Thin-Film Supplier

Vitex Systems Inc., a technology developer, licensor and engineering service provider for thin-film encapsulation and moisture barrier films, has executed a license agreement with a global supplier of specialty materials and related thin-film services, granting the company the rights to develop and manufacture Vitex's proprietary Barix Barrier Film.

Licensed fields of use include, but are not limited to, photovoltaic and other large-area thin-film technology-based applications, the company says. Financial terms were not disclosed.

‘This new partner has years of experience coating various films in roll-to-roll format, and can support requests for Barix Barrier Films in sizes and volumes larger than Vitex is currently able to handle,’ explains Chyi-Shan Suen, president and chief operating officer of Vitex Systems. ‘They have a specialty materials division that brings a deep understanding of the materials and proper characteristics required to produce superior coatings with our patented process, as well as a strong engineering team and proven production capability ready for producing Barix Barrier Films.’Â

SOURCE: Vitex Systems

LEAVE A REPLY

Please enter your comment!
Please enter your name here