Materials agreement for white OLED lighting announced by Universal Display Corporation and Fraunhofer IPMS-COMEDD

Dresden, Germany and Ewing, N.J., April 24, 2012 — Fraunhofer IPMS – COMEDD (Center for Organic Materials and Electronic Devices Dresden) and Universal Display Corporation announced an agreement for Universal Display to provide its proprietary UniversalPHOLED® phosphorescent OLED materials for driving energy efficiency in COMEDD’s white OLED lighting panels. In this two-year agreement, COMEDD will develop and fabricate energy-efficient, white OLED panels for market development.

OLED lighting has the potential to lower global energy demands and lessen the environmental impacts associated with lighting. PHOLED technology and materials, capable of achieving 100 percent internal quantum efficiency, have demonstrated up to a four-to-one power advantage over other OLED technologies, making their use critical for energy-efficient white OLED lighting. Moreover, recent advances in phosphorescent OLED lighting have been essential in enabling OLEDs to meet a variety of niche lighting performance targets and to demonstrate the potential for OLEDs to achieve general lighting targets established by the U.S. Department of Energy and others. In addition, OLED lighting may enable a range of exciting new product concepts with innovative form factors, transparency, and flexibility.

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