Plastic Logic quits the e-reader market, turns to licensing and other applications

Plastic Logic announced that they decided to quit the e-reader market, and will not produce new devices. The company will use its plastic-based flexible e-paper (E Ink) displays in other applications. The company does want to find e-reader partners and will license the technology, and will "actively develop licensing and technology partnerships to exploit its e-reader related capabilities in terms of rugged, plastic displays as well as driver and viewing optimization software.”