Universal Display to Supply Philips Technologie GmbH with PHOLED Materials for Solid-State Lighting Applications

Universal Display Corporation

, enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, today announced a collaboration and evaluation agreement with Philips Technologie GmbH, Business Center OLED Lighting (“Philips”). Under this agreement, Universal Display will begin supplying Philips with its highly efficient phosphorescent OLED (PHOLED) materials for solid-state lighting applications. “We are delighted to announce this partnership with Philips, a global market leader in the lighting industry, to sample our PHOLED materials,” said Steven V. Abramson, President and Chief Executive Officer of Universal Display. “As demonstrated through the years, our PHOLED technology has the potential to maximize energy efficiency and