Mountain View, CA, Cambridge, UK and Dresden, Germany – Aug. 4, 2008 – Plastic Logic today announced it has raised a new round of $50 million in equity finance led by existing venture capital investors Oak Investment Partners and Amadeus Capital Partners, joined by its previous world-class investors. Plastic Logic is the developer of industry-leading products and services to access, organize and consume digital information, based on its pioneering plastic electronics technology. To date, the company has raised more than $200 million.

Since its founding in 2000 by leading researchers out of the Cambridge University Cavendish Laboratory, Plastic Logic has developed broad and deep intellectual property in plastic electronics, essentially a semiconductor replacement technology that has broad applicability across many markets. The Company’s first product implementation solves critical issues in manufacturing flexible, thin, highly scalable plastic displays that are lightweight, offer high viewing quality and low power consumption. Plastic Logic plans to enter the market with a consumer electronics device incorporating this groundbreaking display technology in early 2009.

“We are approaching very significant milestones in the creation of the plastic electronics industry with the opening of our Dresden plant and the pending launch of our first commercial consumer electronics product,” said CEO Richard Archuleta. “This new investment will enable expanded business operations in support of our first commercial product early next year while we continue to develop our IP to deliver on our broader long-term vision.”

“We have placed a big bet that plastic electronics is, indeed, a game-changing technology. Over time, the markets and possibilities for plastic electronics are endless,” said noted technology investor Hermann Hauser of Amadeus Capital.

Plastic Logic maintains research and development in Cambridge, England, and is bringing online a new high-volume, state-of-the-art manufacturing facility in Dresden, Germany that is scheduled to open Sept. 17, 2008. The Company also recently established a Mountain View, California, headquarters for management, product engineering, product supply chain, sales and marketing.

New Management Appointments

Recent appointments to the Plastic Logic Silicon Valley management team include several seasoned industry executives. They are:

Daren Benzi, Vice President, Business Development
Benzi joins Plastic Logic as vice president of business development with extensive industry experience. He previously served as VP of sales development and strategy at DirecTV, and held senior business development, sales and strategy positions with News Corporation and The Walt Disney Company. He is also an attorney with FCC experience.

Frank Canova, Vice President, Product Engineering
Canova brings over 20 years of experience at IBM, Cirrus Logic, Palm, Wheels of Zeus, Reactrix and Livescribe. At IBM, he managed mobile products, including the ThinkPad. He was vice president of worldwide product engineering for Palm, were he led hardware development for the PalmPilot, Palm III, V and VII. He holds more than 40 patents.

Joe Eschbach, Vice President, Marketing
Eschbach, vice president of marketing, brings over 20 years of experience in high-tech marketing with leading industry companies, including Apple, Radius, Mitsubishi, Adobe, and Microsoft. Most recently he served as vice president of Adobe’s ePaper Division. At Microsoft he was vice president of Information Worker Marketing.

Raphaël Gernez, Vice President, Supply Chain
Gernez brings 20 years of operational experience in consumer PC and flat panel TV businesses. He served as vice president of Global Sourcing for Circuit City and spent 19 years at Hewlett-Packard, where he was General Manager of the HP Flat Panel TV global business unit.

Plastic Logic continues to look to attract high caliber scientists, engineers, marketing, product supply chain, business and management talent in all three locations to support its rapid growth. For more information on on Plastic Logic jobs, go to www.plasticlogic.com.

About Plastic Logic

Plastic Logic's mission is to lead a revolution in the way people acquire, organize and consume information. We are using our proprietary technology leadership in plastic electronics to create a range of innovative products. Our first product, focused on reading digital content, will enter the marketplace in early 2009.

Founded in 2000 by researchers out of the Cambridge University Cavendish Laboratory, the Company has received more than $200 million in funding from leading international technology firms and investors. Plastic Logic has research and development in Cambridge, England, high-volume, state-of-the-art manufacturing in Dresden, Germany, and executive management, product engineering, sales and marketing headquartered in Mountain View, California. For more information please go to http://www.plasticlogic.com.

Media Contact

Betty Taylor, Krause Taylor Associates (for Plastic Logic)
408-918-9082 or bettyt at krause-taylor.com

For more information please go to http://www.plasticlogic.com.

German Dignitaries and Industry VIPs Mark Occasion in Silicon Saxony | 17 Sept 2008

DRESDEN, GERMANY – September 17, 2008 – Plastic Logic, the world's leader in plastic electronics, today officially opened a state-of-the-art commercial scale plastic electronics manufacturing facility. The Dresden factory is a fully automated and integrated facility that will begin volume production of groundbreaking displays based on Plastic Logic's patented and proprietary plastic electronics technology.

"The world's first commercial scale plastic electronics manufacturing facility is now open," said Plastic Logic CEO Richard Archuleta. "Today marks an extraordinary achievement for our company and the plastic electronics industry. It also marks a major milestone in preparation for the delivery of our first consumer electronics product early next year."

Plastic Logic's core technology solves the critical issue in manufacturing high-resolution transistor arrays on flexible plastic substrates using a low-temperature. The process is simpler than conventional glass silicon processes, and produces active matrix displays that are thinner, lighter and more robust than glass.

The Dresden factory is set to begin volume production of the display that is the key feature of Plastic Logic's forthcoming electronic reading product, scheduled to come to market in early 2009. Attendees at today's ceremony, including local and industry dignitaries, received a sneak preview of the product in addition to a view of the specialized factory.

Facts About The Factory

• The Plastic Logic plant was completed and ready for production in record time - just 16 months after the building's cornerstone was laid in May 2007.

• Advanced new processes and tools were specified, designed and created to successfully transfer proof of concept technology and processes first developed in Plastic Logic's Cambridge, UK research and development lab.

• Plastic Logic utilized a unique mix of standard production equipment from display manufacturing and other industries that were tailored to produce displays in high volumes at costs to give it significant competitive advantage.

• The factory was designed for flexibility and the capacity to produce hundreds of thousands of the displays annually.

Plastic Logic's Managing Director and Vice President of Manufacturing, Konrad Herre, said: "Our on-time opening of this first-of-its-kind facility was made possible by the ingenuity, dedication and tireless efforts of our employees both here and in the UK, our ability to enlist and collaborate with a group of world-class suppliers, and the strong commitment of German officials and our investors."

Media contact:

Have a business question?

For business Inquiries
to Plastic Logic