PixTech, Inc. is an advanced flat-panel display company dedicated to commercializing its high-quality field emission display (FED) technology. PixTech operates a flat-panel display pilot manufacturing and a research and development facility in Montpellier, France, and has offices in Santa Clara, California and Rousset, France. To manufacture PixTech's FED products, the company works with a contract manufacturer in Taiwan. In addition to various design wins for the 5.2-inch monochrome display in both the medical and automotive industries, PixTech recently announced the completion of the first phase of the 7-inch Color Display FED and is now focused on volume production and penetration of new markets for its color displays. PixTech Inc. (Santa Clara, CA) has closed up shop and is out of business. The company has laid off its workforce as of June 2002 and is terminating operations following failed efforts to find additional financing. PixTech S.A., the company's French subsidiary, has already filed for bankruptcy protection; the parent company is expected to follow suit in the United States very soon.