QD Vision Names Display Industry Veteran Mustafa Ozgen as CEO

LEXINGTON, Mass., September 15, 2015QD Vision today announced the MustafaOzgenappointment of Mustafa Ozgen as the company’s new Chief Executive Officer. Mr. Ozgen comes to QD Vision with more than 20 years of management and engineering experience in the display, consumer electronics, and semiconductor industries. Most recently, he was Senior Vice President of Sigma Designs, responsible for the Home Multimedia business, where he worked with global consumer electronics manufacturers to accelerate the development and deployment of new audio/visual technologies.

In his new role as CEO, Mr. Ozgen will lead QD Vision’s management team as it continues to expand its product portfolio, customer base and geographic footprint. He will be based in the company’s worldwide headquarters in Lexington, Massachusetts. Ozgen replaces Steve Ward, who had been Interim CEO and Chairman of QD Vision. Mr. Ward will continue as Chairman of the Board.

“Mr. Ozgen is already well-known and well-respected by our customers and industry peers, and over the last several months he has shown me and the rest of the Board that he has valuable contributions to make to our company,” said Steve Ward, Chairman of QD Vision. “His expertise in both management and engineering will serve our customers and company extremely well as we expand our customer portfolio and grow into new markets.”

A graduate of the Stanford Executive Program, the US Naval postgraduate school, and the Turkish Naval Academy, Mr. Ozgen settled in Silicon Valley and specialized in semiconductors for display and image management. In addition to his role at Sigma Designs, his career has included leadership positions at CSR (VP, Entertainment Products), Zoran Corporation (GM TV Business and VP, Engineering for Home Entertainment), and Oak Technologies (Director of Engineering).

“QD Vision is an incredibly exciting company armed with an unparalleled quantum dot solution portfolio, and I’m joining the team at a time of explosive growth and forward momentum,” said newly-appointed CEO Mustafa Ozgen. “I’ve had the privilege of working with many of the world’s largest consumer electronics brands, and QD Vision shares all the hallmarks of success of these visionary companies. I’m honored be part of the team.”

About QD Vision, Inc.
QD Vision, Inc. is a leader in quantum dot display technology for QLED displays. Quantum dot technology is a superior next-generation alternative to OLED displays, providing unparalleled color representation at a highly competitive LCD cost structure. Color IQ quantum dot technology from QD Vision provides a unique optical component solution capable of delivering “full-gamut” color to the display industry. Founded in 2004, the company has raised more than $100 million in financing from top-tier venture capital firms and is headquartered in Lexington, Massachusetts. http://www.coloriq.com COLOR IQ, QLED, and QD VISION are trademarks of QD Vision, Inc. The COLOR IQ and QD VISION trademarks are registered in one or more countries.

Media Contacts:
Jenna Beaucage (QD Vision, US)
QDV@rainierco.com

Amit Chakravarty (QD Vision, EMEA)
achakravarty@waggeneredstrom.com

Elva Zhou 周妍雯 (QD Vision, China)
Elva.zhou@text100.com.cn

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