Universal Display Awarded OLED Contracts

EWING, N.J., Oct. 2 -- Universal Display Corp., a developer of organic light-emitting diode (OLED) technologies for flat-panel displays, lighting and other opto-electronic applications, announced today it has been awarded two $100,000 Phase I Small Business Innovation Research (SBIR) contracts from the US Department of Energy (DOE) to demonstrate innovative techniques to improve OLED power efficiencies.

Universal Display and its research partners at Princeton University and the University of Southern California are developing several novel approaches for highly-efficient white light using the company's phosphorescent OLED (PHOLED) technology.

For the first project, "Novel Light Extraction Enhancements for OLED Lighting," Universal Display and its partners will demonstrate the feasibility of using designs such as lens arrays on an OLED device to enhance the amount of generated light that is captured from the device as useful light.

In the second program, "Novel Lower-Voltage OLEDs for Higher-Efficiency Lighting," the team will focus on demonstrating new conductivity enhancement techniques as a means to lower the operating voltage of an OLED device to improve the overall device power efficiency.

For more information, visit: www.universaldisplay.com