22 Aug 2008

ICON Corporate Finance has successfully secured £1m funding for AIM listed Screen Technology Plc from Scaent Holdings, an Amsterdam based conglomerate.

Screen Technology is a Cambridge-based specialist developer of digital display technology and has developed revolutionary technology for large size, flexible format, high image quality displays for the outdoor signage market.

The company was formed in 1996 following research conducted at Cambridge University, to research opportunities surrounding photo luminescent LCD technology. As a result the company has developed and launched ITrans, the world's first and only technology to provide high brightness, high resolution, large format display screens with superior picture quality.

Screen Technology's ITrans product offers a unique and attractive solution for the mid/large sized digital advertising/signage market and has global potential. The worldwide signage and professional displays market is forecast to grow from $8Bn to over $13Bn by 2010