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UDC to Provide OLED Materials to Fraunhofer

DRESDEN, Germany, and EWING, N.J., April 30, 2012 — Universal Display Corp. (UDC) announced that it will provide proprietary UniversalPholed phosphorescent organic LED (OLED) materials to Fraunhofer IPMS – COMEDD (Center for Organic Materials and Electronic Devices Dresden) to drive energy efficiency in its white OLED lighting panels.

In the two-year agreement, COMEDD will develop and fabricate energy-efficient white OLED panels for market development.

“The contract with Universal Display allows us to realize OLED lighting devices using the leading phosphorescent emitter technology,” said professor Karl Leo, director of the Fraunhofer IPMS – COMEDD. “This is a key step toward increasing the efficiency of white OLED to levels where broad market acceptance can be reached.”

Universal Display’s UniversalPholed technology can enable the development of low-power and eco-friendly displays and white lighting.

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