Universal Display to Exhibit an Expanded Line of PHOLED Materials at Society for Information Display Symposium 2005.EWING, N.J. -- Universal Display to Also Demonstrate Novel 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. Prototypes and Report on Company's Business Highlights and Technical Advances in SID Presentations Universal Display Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :PANL PANL Provincial Archives of Newfoundland and Labrador (Canada) ), the Company that's lighting the way in developing and commercializing OLED displays, today announced it will unveil an expanded line of high-efficiency PHOLED PHOLED Phosphorescent Organic Light-Emitting Diode PHOLED Proprietary Electrophosphorescent Light Emitting Diode (Universal Display Corporation) (TM) phosphorescent phos·pho·res·cence n. 1. Persistent emission of light following exposure to and removal of incident radiation. 2. Emission of light without burning or by very slow burning without appreciable heat, as from the slow oxidation of OLED materials and other proprietary technology advances at the Society for Information Display (SID) International Symposium, Seminar & Exhibition, at the Hynes Convention Center The John B. Hynes Veterans Memorial Convention Center located in Boston's Back Bay has 193,000 square feet (0 m) of exhibit space and can accommodate up to four concurrent events. , in Boston. The Company will be located at booth #300 on May 24-26. In addition, Universal Display will report on recent business highlights and technology advances at the SID Business Conference, the SID Investors Conference, and the SID Technical Symposium, respectively:
-- President and Chief Operating Officer Steven V. Abramson will
present "PHOLEDs: A Display Technology Today with an
Illuminating and Flexible Future", on May 23rd, at 4:00 p.m.,
in Ballroom C.
-- Executive Vice President and Chief Financial Officer Sidney D.
Rosenblatt will present "Recent Progress at Universal
Display", on May 25th, at 1:30 p.m., in Room 106.
-- Senior Scientist Dr. Yeh Tung will present a joint paper with
Professor Jin Jang of Kyung Hee University entitled "A 200-dpi
Transparent a-Si TFT Active-Matrix Phosphorescent OLED
Display", on May 26th, 2:40 p.m., in Ballroom A.
These events closely follow other important accomplishments recently announced by Universal Display, including:
-- The successful installation and start-up of a novel full-color
Tokki ELVES 020C OLED deposition system at Universal Display's
technology development center in Ewing, New Jersey. This
system was designed by Tokki and Universal Display to produce
OLED displays on glass, metallic foil and plastic substrates.
-- The award of a two-year, $1.7 million Small Business
Innovation Research Phase III contract by the U.S. Department
of Defense to continue development of flexible OLED display
technology for a next-generation military communications
device.
-- The honoring of Universal Display, Nippon Steel Chemical
Company, Pioneer Corporation and Tohoku Pioneer Corporation
with the Grand Prize of the 10th annual Advanced Display of
the Year (ADY) award, in the Display Materials and Components
category at the FINETECH Conference in Japan.
-- The signing of an OLED patent license agreement with Samsung
SDI Co., Ltd. which paves the way for Samsung SDI to integrate
Universal Display's proprietary OLED technologies into Samsung
SDI's active-matrix OLED display products. Samsung SDI has
indicated that it intends to introduce Universal Display's
phosphorescent materials and associated technology in its
initial active-matrix OLED products.
About Universal Display Corporation Universal Display Corporation is a world leader in developing and commercializing innovative OLED technologies and materials for use in the electronic 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 and other markets. Universal Display is working with a network of world-class organizations including 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 , 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 , AIXTRON AG, AU Optronics Corporation, DuPont Displays, Inc., PPG Industries PPG Industries (NYSE: PPG) was founded in 1883 as the Pittsburgh Plate Glass Company. PPG is an American manufacturer of glass and chemical products, including automotive safety glass. , Inc., Samsung SDI (1) (Serial Digital Interface) A physical interface widely used for transmitting digital video in various formats. For electrical transmission, it uses a high grade of coaxial cable and a single BNC connector with Teflon insulation. Co., Seiko Epson Corporation, Sony Corporation, Tohoku Pioneer Corporation and Toyota Industries Corporation. Universal Display currently has rights in more than 625 issued and pending patents worldwide. Universal Display is located in the Princeton Crossroads Corporate Center in Ewing, New Jersey, minutes away from its research partner at Princeton University. Universal Display's state-of-the-art facility is designed to further technology development, technology transfer to manufacturing partners and work with customers to develop products to meet their needs for flat panel displays. Visit Universal Display on the Web at www.universaldisplay.com. All statements in this document that are not historical, such as those relating to Universal Display Corporation's PHOLED(TM) technology and potential applications of that technology, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. You are cautioned not to place undue reliance on any forward-looking statements in this document, as they reflect Universal Display Corporation's current views with respect to future events and are subject to risks and uncertainties that could cause actual results to differ materially from those contemplated. These risks and uncertainties are discussed in greater detail in Universal Display Corporation's periodic reports on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. and Form 10-Q Form 10-Q See 10-Q. filed with the Securities and Exchange Commission, including, in particular, the section entitled 'Factors that May Affect Future Results and Financial Condition' in Universal Display Corporation's annual report on Form 10-K for the year ended December 31, 2004. Universal Display Corporation expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement contained in this document. |
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