OLED Among 'Top 25 Innovations'

EWING, N.J., Feb. 18 -- A recent CNN special report rank organic light-emitting diode (OLED) technology among the top technological innovations introduced since 1980 and cited Universal Display Corp.'s FOLED (flexible OLED), WOLED (white OLED) and TOLED (transparent OLED) technologies as examples of how OLEDs could revolutionize display and lighting markets.

The list, compiled by a panel of technology leaders assembled by the Lemelson-MIT Program, which promotes inventiveness in young adults, identified OLEDs as 17th among "the 25 nonmedically related technological innovations that have become widely used since 1980, are readily recognizable by most Americans, have had a direct and perceptible impact on our everyday lives or could dramatically affect our lives in the future." OLEDs shared the stage with 24 other innovations, including the Internet, personal computers, e-mail, DNA fingerprinting, airbags and nanotechnology.

Universal Display said its OLED technologies have the potential to create a variety of novel display products and market opportunities, including wearable electronics; transparent 'heads-up' displays on windows and windshields; and revolutionary interfaces for mobile phones, digital cameras, and other electronic devices. They may also lead to new lighting products and pave the way for cost-effective organic electronic offerings, the company said.

For more information, visit: www.universaluisplay.com