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Plastic Logic raises $100 million to enable the first "take anywhere, read anywhere" electronic reader products.

Plastic Logic has raised $100 million to fund a new facility to manufacture plastic electronics on a commercial scale. This just opens the door a bit more for the breakthrough of digital books. The Plastic Logic company expects to expand their product category to 41.6 million total units in 2010. This new expansion for the Plastic Logic company shows that this new technology is seeing a bright future. John Mills, Chief Operating Officer at Plastic Logic, commented that these displays "will enable electronic reader products that are as comfortable and natural to read as paper whether you're on a beach, in a train or relaxing on the sofa at home."


Site:
http://www.plasticlogic.com/news-detail.php?id=300

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