February 2023:

Hi-Accμracy Project 
Press Release 7th February 2023 
SMARTKEM JOINS HI-ACCµRACY PROJECT DEVELOPING ACTIVE-MATRIX PRINTED Q-LED DISPLAYS


EUROPEAN COLLABORATION AIMS TO REVOLUTIONISE DISPLAY PRODUCTION TECHNOLOGY

MANCHESTER, England –  February 20^th 2023 - SmartKem, Inc. (OTCQB: SMTK), a company seeking to reshape the world of electronics with a revolutionary semiconductor platform that enables a new generation of displays has today announced its participation in a groundbreaking partnership of European technology businesses and research institutions. The collaborative Hi Accµracy project brings together eleven of the most innovative and forward-thinking companies in the industry in a bid to establish the next generation of Organic and Large Area Electronics (OLAE) - including Organic Thin Film Transistors (OTFT) and Electroluminescent Quantum Dot Light Emitting Diode (EL-QD-LED) based displays.

SmartKem’s role will include developing an OTFT back-plane upon which Fraunhofer IAP will print a QD-LED front-plane. The backplane utilises a compact, two transistor one capacitor (2T1C) circuit. Q-LED materials will be added to the front-plane using high resolution Electro-Static Jet (ESJET) printing. The resulting 300ppi RGB display will showcase the performance of SmartKem’s range of TRUFLEX^® materials when used in conjunction with micron scale additive patterning processes and low temperature processing conditions. The revolutionary technology has the potential to enable the sustainable manufacture of high quality, robust, flexible displays at low cost. SmartKem are also working with VTT in the project to adapt their OSC inks for compatibility with highly efficient reverse offset printing (ROP) processes.

Dr Simon Ogier, Chief Technology Officer at SmartKem commented “We are pleased to join the Hi-Accµracy project, which will highlight the potential of high resolution printing for making emissive displays driven by solution processed Organic Transistors”

The Hi-Accµracy project is targeting the large printed, flexible and organic electronics global market. This market, dominated by displays, is estimated at €28.3bn with an annual growth rate of greater than 8%[1]. Overseen by an advisory board made up of Sony, Huawei and Polar, the project offers Europe the opportunity to make a step-change beyond the technologies currently utilised in the Far-East – creating valuable Intellectual Property together with new manufacturing and job opportunities. Hi-Accµracy has received funding from the European Union’s Horizon 2020 research and innovation programme under grant agreement No. 862410. Details of the project can be found at https://www.hi-accuracy.eu/



To learn more and access the full programme please visit:  https://www.horizon-europe-community.at
To learn more about these innovations, as well as details about the partner organisations, visit www.hi-accuracy.eu This project has received funding from the European Union’s Horizon 2020 research and innovation programme under grant agreement No. 862410.