Last week, Sony and Candescent Technologies, a developer of flat panel displays (FPD), announced an agreement to extend their existing partnership. In October 1998, the two companies announced their initial agreement regarding the joint development of high voltage Field Emission Display (FED) technology for "next generation" thin, flat-panel displays. The new agreement extends their joint technology development partnership, under which the two companies say they will co-fund these activities, until December 2001.