Based on acceptance of the first Aixtron Gen2-OVPD system for the mass production of OLEDs by RiTdisplay Corporation in 2005, the Company plans to drive forward its strategy to introduce its OVPD technology to a broader OLED display and lighting market, with the goal to achieve revenue contributions in 2007.

Accordingly, AIXTRON expects to achieve a share of at least 3% in the small molecule (SM) OLEDs deposition equipment market (total market size of US$ 220 million by the end of 2007.

RiTdisplay has signed off the system acceptance of the first Gen2 OVPD(R) system for mass production of OLEDs. The engineering teams of RiTdisplay and AIXTRON could jointly qualify OVPD(R) technology for manufacture of OLED devices for full color display applications. The B-testing co-operation yielded OLED devices with better performance as compared to devices manufactured with conventional technology (VTE).

Dr. Yih Chang, General Manager of RiTdisplay, states: "The impressive performance of our OLEDs made by OVPD(R) has proven our investment into this new technology to be right. Use of this new leading edge technology will foster and strengthen our positioning in the OLED display market."
The qualification of the Gen2 manufacturing tool is the breakthrough for OVPD(R) technology. Based on gas phase transport and AIXTRON's proprietary Close Coupled Showerhead (CCS) technology OVPD(R) has significant advantages over conventional deposition equipment (VTE), such as precise control of deposition rates, long term process stability and reproducibility, high throughput due to high deposition rates, high yield due to excellent uniformity, low maintenance and running cost due to highly efficient material utilization etc. The gas phase process further enables realization of advanced device structures including for example graded layers. Organic Vapor Phase Deposition OVPD.

OVPD technology has been exclusively licensed to AIXTRON from Universal Display Corporation (UDC) for equipment manufacture. AIXTRON and UDC have jointly developed and qualified OVPD pre-production equipment.

Universal Display Corporation the Company that's lighting the way in developing and commercializing OLED technology for displays, lighting and other opto-electronics, announced today that it has been awarded a nine-month, $98,894 Small Business Innovation Research (SBIR) Phase I contract by the U.S. Department of Energy (DOE). The goal of this new program is to demonstrate an innovative approach to increase the brightness and power efficiency of white OLED lighting using Universal Display’s proprietary PHOLED™ phosphorescent OLED and OVPD Organic Vapor Phase Deposition technologies.

In this program entitled, High Efficiency White Mesh Phosphorescent OLEDs, the Company will work to increase OLED efficiency and brightness by employing novel emissive layer architectures that are enabled through the use of its proprietary OVPD process technology.