Corporate Profile for Universal Display Corp., dated May 16, 1997.--(BUSINESS WIRE)--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0-
Published Date: May 16, 1997
Company Name: Universal Display Corp.
Address: Three Bala Plaza, East, Suite 104
Bala Cynwyd, PA 19004
Main Telephone
Number: 610/617-4010
Chief Executive
Officer: Sherwin I. Seligsohn
President & Chief
Operating
Officer: Steven V. Abramson
Chief Financial
Officer: Sidney D. Rosenblatt
Investor Relations
Contact: Dean L. Ledger
Business number: 800/599-4426
e-mail address: flatpanl1@aol.com
Public Relations
Contact: Sidney D. Rosenblatt
Business number: 610/617-4010
e-mail address: rosenbla@pond.com
Trading/Symbol
Exchange: PANL/PANLW
Industry: flat panel display
-0- Company description: Universal Display Corp. (UDC UDC abbr. universal decimal system UDC (Brit) n abbr (= Urban District Council) → Stadtverwaltung f ) is a small company with huge ambitions. We have a focused corporate strategy to make our proprietary Organic Light Emitting Diode See LED. (OLED (Organic Light Emitting Device, Organic Light Emitting Diode) A thin film light-emitting technology that is expected to compete with LCD and plasma TVs as well as LCD monitors and readouts. ) technology the technology of choice for coming generations of flat panel display A thin display screen for computer and TV usage. The first flat panels appeared on laptop computers in the mid-1980s, and the LCD technology became the standard. Stand-alone LCD screens became available for desktop computers in the mid-1990s and exceeded sales of CRTs for the first time products. Today, conventional cathode ray tubes See CRT. (hardware) cathode ray tube - (CRT) An electrical device for displaying images by exciting phosphor dots with a scanned electron beam. CRTs are found in computer VDUs and monitors, televisions and oscilloscopes. and liquid crystal displays liquid crystal display (LCD) Optoelectronic device used in displays for watches, calculators, notebook computers, and other electronic devices. Current passed through specific portions of the liquid crystal solution causes the crystals to align, blocking the passage of light. dominate the growing $35 billion annual display market, but do not adequately address the increasingly complex visual demands of the emerging Information Age. Our OLED technology has the potential to provide outstanding display performance through high resolution, full color capability, low power and excellent luminosity luminosity, in astronomy, the rate at which energy of all types is radiated by an object in all directions. A star's luminosity depends on its size and its temperature, varying as the square of the radius and the fourth power of the absolute surface temperature. for a number of diverse products ranging from small cellular phones to large flat screen high definition televisions on the wall. To transfer this state-of-the-art OLED technology from the laboratory into the marketplace, we have developed a multi-faceted commercialization strategy. This strategy relies heavily on the development of strategic partnerships. Our research and development partners are Princeton University Princeton University, at Princeton, N.J.; coeducational; chartered 1746, opened 1747, rechartered 1748, called the College of New Jersey until 1896. Schools and Research Facilities and the University of Southern California The U.S. News & World Report ranked USC 27th among all universities in the United States in its 2008 ranking of "America's Best Colleges", also designating it as one of the "most selective universities" for admitting 8,634 of the almost 34,000 who applied for freshman admission . This strategic alliance commenced in 1994, and our multidisciplinary team has made a number of significant technological breakthroughs. More than 20 patent applications have already been filed on this innovative OLED technology and we intend to continue to expand our broad worldwide intellectual property portfolio. In order to penetrate the market rapidly and cost effectively, we intend to license our technology and enter into strategic relationships or joint ventures with experienced manufacturers, and other companies that envision increased market share from the sale of products using efficient, responsive and bright OLED displays. Our breakthrough OLED technology, combined with our strategic focus, is designed to create a powerful competitor in the display industry in the future. CONTACT: Universal Display Corp. |
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