The University of Rochester says they have received a $1.2 million to develop host materials for white phosphorescent OLEDs. The funding comes from the U.S. Department of Energy. This project seeks to produce white OLEDs with > 100 lm/W efficiency after light extraction enhancement and over 10,000 hour operating time, by making a new class of emissive materials.

Here's more information on the DOE's Recovery Act Rewards (which contains 4 other OLED projects).

Merck - Advancing Display, Advancing LifeMerck - Advancing Display, Advancing Life