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Technology Stocks : OLED Universal Display Corp -- Ignore unavailable to you. Want to Upgrade?

To: Manx who wrote (196)	1/31/2002 11:20:34 AM
From: tom r. phillips	Respond to of 29732

copied from a yahoo PANL post: AIXTRON DELIVERS FIRST OVPD TOOL TO UNIVERSAL DISPLAY (The following is a reformatted version of a press release issued by Aixtron AG and received via electronic mail. The release was not confirmed by the sender.) FIRST AIXTRON OVPD TOOL FOR ORGANIC LEDS SUCCESSFULLY DELIVERED TO UDC Aachen/New Jersey, January 31st, 2002 -- AIXTRON is proud to announce the delivery of the very first Organic Vapor Phase Deposition (OVPD) Production Tool to Universal Display Corporation (UDC, NASDAQ:PANL), a leading developer of flat panel display technology based in New Jersey, USA. AIXTRON developed the equipment under an exclusive license from UDC and further process optimization will continue in the frame of a Joint Development Program between UDC and AIXTRON. The planned installation for the system is taking place since early January 2002. This excellent co- operation between AIXTRON and UDC is thanks to the successful and fast development and transfer of technology developed at UDC's research partner Princeton University, located just a few minutes away from UDC. AIXTRON is the leading manufacturer of high precision semiconductor production equipment for LEDs and other photonic and microelectronic devices.