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Technology Stocks : OLED Universal Display Corp
OLED 145.85-0.9%10:32 AM EST

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To: nigel bates who wrote (184)9/6/2001 4:17:34 PM
From: Savant  Read Replies (1) of 29658
 
Universal Display Scientists Announce Technology Advances in Phosphorescent OLED

Materials and
Plastic OLED Displays at ICEL Conference

Business Editors

LOS ANGELES--(BUSINESS WIRE)--Sept. 6, 2001--Universal Display
Corporation (NASDAQ:PANL; PHLX:PNL), a leading developer of flat
panel display technology, presented two papers at the 3rd
International Conference on Electroluminescence of Molecular Materials
and Related Phenomena (ICEL) in Los Angeles, describing progress in
the development of its high efficiency electrophosphorescent material
system, and in its flexible plastic display technology program.
Dr. Raymond Kwong, Senior UDC Scientist, in his paper titled "Long
Lifetime Electrophosphorescent Devices", discussed the lifetimes of
UDC's red and green emitting proprietary electrophosphorescent
(PHOLEDtm) materials. He described a UDC green PHOLED with an
efficiency of 21 cd/A that has a 10,000-hour lifetime, and two UDC red
PHOLED's, one with an efficiency of 6.5 cd/A with a 3,000-hour
lifetime, and another with an efficiency of 2.7 cd/A that has a
lifetime of 100,000 hours. This latter device is the longest reported
lifetime for an efficient red device that meets the NTSC red
coordinates. UDC's PHOLED materials have shown record high
efficiencies in red, green and blue OLED devices, and the red and
green materials have now demonstrated lifetimes commensurate with
commercial use.
Dr. Michael Weaver, Senior UDC Scientist, in his paper titled
"Plastic Video Displays Using OLEDs" demonstrated a high-efficiency
red electrophosphorescent flexible plastic OLED video display. UDC had
previously demonstrated the world's first high-efficiency
electrophosphorescent green flexible plastic OLED video display at its
Annual Meeting in June. These displays are 0.175 mm thick, contain
15,000 pixels at 80 dpi, have 256 levels of grey scale and show full
motion video. Dr. Weaver also announced that UDC, together with its
partners at Vitex Systems, Inc. and Batelle Pacific Northwest National
Labs, had demonstrated 3000 hours of lifetime on a Flexible Glasstm
barrier coated plastic substrate with a rigid lid, showing additional
progress in the use of barrier coated plastic for use in flexible OLED
(FOLEDtm) devices.
Steven V. Abramson, President of Universal Display Corporation,
said, "High efficiency PHOLED materials are one of the key ingredients
for the success of OLEDs, and flexible plastic FOLED displays are an
extraordinary opportunity for OLED technology. We are very proud of
our team as it leads the way in developing and commercializing this
transformational technology."
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