“I am pleased to report we achieved what we set out to do at the beginning of 2016,” commented Andrew Sculley, President and CEO of eMagin. “We are shipping the 2K x 2K display as part of an agreement with a Tier One company that we entered into last year. We previously stated that we expected to sign at least one additional agreement with a Tier One partner in 2016. I am happy to announce that we met this goal and anticipate signing additional agreements in 2017. Our pipeline of interested parties continues to grow, including OEM partners and mass production partners, both of whom are important for commercializing and scaling production of our cutting-edge technology. We have developed and will be demonstrating full color OLED at brightness levels above 4,000 nits that can be mass produced to achieve truly immersive virtual reality.”