Tech Track 100

Do you ever feel overwhelmed by the increasing number of remote controls? Pelikon’s electroluminescent displays provide part of the answer. Its key customer, Universal Electronics, has bought more than a million of the displays since 2002 for its universal remote-control unit, which can be used for up to 10 home-entertainment appliances.

Its use in a Virgin Mobile advertisement and in the new film The Stepford Wives has raised the profile of this product.

Pelikon’s innovative process of printing onto flexible plastic makes for much lower production costs than with conventional glass-based manufacturing. It has also developed a button-less display that can light up watch faces with special effects.

Having attracted investment of almost £10m since 2000, the company acquired the advanced display arm of Cambridge Consultants for £1m in 2001, taking on board five experts. Its research division remains based in Cambridge while all manufacturing is done at its plant in Caerphilly, South Wales.

Pelikon is exploring the options for a stock-market float next year, with sales having grown 398% a year from £179,000 in 2001 to £4.4m in 2003.

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Company details
ActivityLuminescent display maker
Average 3 year sales growth398.21%
Latest sales £000s4,443

If applicable:

* supplied by company † annualised figure