UDC Awarded Two $750,000 U.S. Department of Energy SBIR Phase II Contracts for White OLED Lighting

10/22/2008

Universal Display Corporation today announced that it has received two $750,000 United States Department of Energy (DOE) Small Business Innovation Research (SBIR) Phase II contracts. Work under these contracts will focus on demonstrating further advances in the performance of Universal Display’s white OLED technology toward meeting the DOE’s targets for solid-state lighting.

Using the Company’s high-efficiency UniversalPHOLED technology, Universal Display will build a 6” x 6” white OLED lighting panel with targets of > 75 lm/W and an operating lifetime of over 35,000 hrs at 1,000 cd/m² initial luminance. Based on results previously obtained on much smaller test pixels, this work will focus on a number of scale-up issues associated with the performance of a panel as a function of its size.

Under the second contract, Universal Display will demonstrate a high brightness white OLED based on the Company’s SOLED technology, where one OLED device is directly stacked on top of another OLED. A white OLED will be designed to demonstrate the same efficiency and lifetime as above at approximately twice the initial luminance. This is especially important for applications where a high brightness illumination source is desired.