Mississauga, ON – According to filings with the U.S. Securities and Exchange Commission, OTI Lumionics is raising $55,000,000.00 in new funding. Sources indicate as part of senior management Chairman, Carl Eibl played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About OTI Lumionics
At OTI Lumionics we are developing advanced materials by design using quantum simulations, machine learning and real-world testing in pilot production. We are currently focused on key enabling materials for OLED displays that will be used in next-generation consumer electronics and automotive. Our advanced electrode materials, and associated manufacturing technology, are being used to build transparent displays and lighting.

To learn more about OTI Lumionics, visit http://www.otilumionics.com/

Contact:
Carl Eibl, Chairman
647-479-4074

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