Universal Display Furthers 'Flexible OLED Initiative' and Expands Prototype Capacity with Full-Color OLED Deposition System for OLED Displays on Plastic, Metallic Foil, and Glass Substrates.

UDC today announced the successful installation and start-up of a novel full-color OLED deposition system at Universal Display's technology development center in Ewing, New Jersey. Designed and built by Tokki Corporation, a leading supplier of OLED manufacturing equipment, working with Hitachi High-Technologies Corporation, a premier Japanese trading company, and using novel features designed by Tokki and Universal Display, the ELVES020C OLED Deposition System can produce OLED displays on both rigid glass and flexible substrates (e.g. metallic foil, and plastic).

This new system is the latest step in Universal Display's program to develop a broad array of technologies for conformable and flexible, full-color, high-resolution OLED displays. Universal Display was recently awarded a new $1.7 million Federal contract to develop flexible OLED display prototypes, bringing the Company's overall funded flexible OLED initiative to $6 million total.

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