Displaydata Ltd.

Displaydata (formerly ZBD) Announces $25M of New Investment Including Participation from Zebra Technologies Corporation

Displaydata (formerly ZBD Displays), the leading provider of fully graphic electronic shelf label (ESL) solutions, is delighted to announce that it has received a strategic investment from Zebra Technologies Corporation (NASDAQ: ZBRA). The investment follows a further injection from Displaydata’s long term investors in August 2013 including Trillium International, DFJ Esprit, Lansdowne Partners and TTP Ventures.

"We are thrilled to have the continued support of our long-term investors and welcome new support from Zebra Technologies," said Andrew Dark, CEO of Displaydata.”Zebra is an industry leader in the retail technology sector with great insight into retailers’ business practices and future technology needs. Their support of Displaydata will provide great strength to our current abilities to support Tier One retailers on a global basis."

"We have achieved major traction with Tier One retailers in a number of regions who believe that our new white and white-with-colour displays, which, when paired with our 2-way, class leading, wireless infrastructure and software suite, will deliver the best solution to meet their current business needs and future proof them as customer buying patterns and technology advancements occur. With Zebra's investment and global support we are confident of major growth driven by supplying the largest worldwide retailers with the only complete 2-way ESL solution with paper white contrast."

"We are committed to helping retailers navigate technology solutions that directly enhance the shopper experience and build customer loyalty,” said Anders Gustafsson, CEO of Zebra. "ESL is a technology of increasing interest for retailers, and we are excited about the possibilities in collaborating with Displaydata (formerly ZBD) to deliver compelling solutions to our customers."