Daily News Briefs

DisplaySearch, a flat-planel display (FPD) market research and consulting firm, announced it has released its biannual FPD Equipment Report, covering the outlook for the thin-film transistor (TFT) liquid crystal display (LCD) and TFT LCD equipment market, and its fourth annual OLED Technology Report. The company said strong demand from the LCD TV, LCD monitor, notebook PC and mobile phone markets will result in rapid growth of the TFT LCD/active matrix OLED market -- at a rate of 27 percent CAGR from 2002-2006, to $59 billion. OLED revenues are expected to grow at a rate of 68 percent through 2008, reaching nearly $3.5 billion, as shipments grow to 187 million units -- for use in portable consumer electronics, personal productivity tools, communications devices, automotive systems and industrial equipment, according to DisplaySearch. For information about the reports, visit: www.displaysearch.com. . .Plaintree Systems Inc. announced it has signed a contract with Phi Co. Ltd., of Tokyo, to be the exclusive distributor of Plaintree's products in Japan. Ottawa-based Plaintree Systems Inc. makes Wavebridge free-space optical wireless links that use light-emitting diode technology to provide high-speed network connections.