Unfortunately, the LOMID partner Slyde Watch was hit hard by the strong Swiss Franc and other unfavourable market conditions and had to file for bankruptcy (in liquidation as of 1st June 2015). The LOMID project is preparing an amended contract with its funding agencies in Switzerland and the EC, but enough preliminary design work had been done to suggest that the LOMID display technology is not appropriate (to expensive) for smart watch applications in the short to medium term.