July 20, 2009 — E-reader firm Polymer Vision folds

Polymer Vision, the England-based developer of the flexible Readius e-reader, shut down its operations, according to multiple media reports.
The Readius, which weighed only 4 ounces, sported a 5-inch black-and-white rollable display, with a resolution of 320-by-240 pixels.
NewspaperDirect late last year adapted its PressDisplay application to work on the device, which also boasted cell phone and USB storage functionality.
“We have the software written for them and the feed established, so if they end up finding a way to release the device, NewspaperDirect’s electronic newspapers will be available on the device,” said Igor Smirnoff, ND’s director of strategic development.
The shutdown cost more than 50 employees their jobs.