Hyundai LCD ships first full colour OLED prototype using Luxell's Black Layer(TM)

TORONTO, June 7 /CNW/ - Luxell Technologies Inc. (TSE:LUX) announced
today that, as part of the ongoing business and technical partnership between
the two companies, Hyundai LCD recently delivered to Luxell a prototype
Enhanced Contrast Ratio (ECR) Organic Light Emitting Diode (OLED) display
incorporating Luxell's patented Black Layer(TM) contrast enhancement
technology. This prototype is the first of its kind, and was manufactured on
Hyundai's Small Molecule OLED pilot production line.
The device, having a 1.5" display, is the world's first full colour
passive matrix OLED display featuring Black Layer(TM) technology produced in a
cell-phone capable format and capable of displaying text, graphics and full
motion video. Technical details of the visual performance parameters of the
device and the manufacturing process used will be disclosed at the 2005
International Meeting on Information Display (IMID'05) in Seoul, Korea, July
19-23, 2005.
Said John Wright, Luxell's President and CEO, "This is another important
step in our highly productive relationship with Hyundai. As Hyundai moves
forward with their plans to take their OLED process into full rate production,
we will continue to work closely with them to ensure our technologies continue
to offer Hyundai a discriminating advantage in their chosen product areas".

About Hyundai LCD
Hyundai LCD, originally a division of Hynix Semiconductor manufacturing,
is now amongst the top 10 passive matrix LCD manufacturers in the field of
mobile communication, PDA, industry equipment and automotive displays, and is
continuing robust growth in the flat panel display market. In 2002, new
investors from China and Korea acquired the business with the mission to
provide a total solution in small and medium-sized flat panel displays.
Hyundai's current product portfolio includes various designs of monochromatic
TN, colour STN, and full colour TFT, LCD, and is currently diversifying with
OLED manufacturing. More information can be found at www.hylcd.com.

About Luxell Technologies Inc.
Luxell designs, manufactures and licenses high performance flat panel
display technologies and solutions for defence, avionics, and commercial
industries worldwide. Luxell is a publicly traded company on the Toronto Stock
Exchange, under the symbol LUX. More information can be found at
www.luxell.com, www.aktelux.com, and www.luxellresearch.com.

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