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Date Announced: 24 Apr 2012
Europe’s largest research institution selects Universal Display’s ‘all-phosphorescent’ materials solution to enhance energy efficiency in OLED lighting.
DRESDEN, Germany & EWING, N.J. - (BUSINESS WIRE) - Fraunhofer IPMS – COMEDD (Center for Organic Materials and Electronic Devices Dresden), a unit of Europe’s largest application-oriented research and development organization, and Universal Display Corporation, enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, today announced an agreement for Universal Display to provide its proprietary UniversalPHOLED phosphorescent OLED materials as a key ingredient for driving energy efficiency in COMEDD’s white OLED lighting panels. In this new two-year agreement, COMEDD will develop and fabricate energy-efficient, white OLED panels for market development.
“The contract with Universal Display allows us to realize OLED lighting devices using the leading phosphorescent emitter technology. This is a key step toward increasing the efficiency of white OLED to levels where broad market acceptance can be reached,” says Prof. Karl Leo, director of the Fraunhofer IPMS - COMEDD.
“We are delighted to work with Fraunhofer IPMS - COMEDD, a leading European research institution in white OLED panel development. The work that Fraunhofer is performing at their Center for Organic Materials and Electronic Devices may help accelerate the commercialization of energy-efficient white OLED lighting products,” says Steven V. Abramson, President and Chief Executive Officer of Universal Display.
“We look forward to supporting COMEDD with our ‘all-phosphorescent’ solution for its development and demonstration of OLED lighting panels with enhanced energy efficiency. Through programs like this, we believe that we can contribute to forging a more energy-efficient, environmentally sustainable future for Europe, the U.S., and the world at large.”
OLED lighting has the potential to lower global energy demands and lessen the environmental impacts associated with lighting. PHOLED technology and materials, capable of achieving 100 percent internal quantum efficiency, have demonstrated up to a four-to-one power advantage over other OLED technologies, making their use critical for energy-efficient white OLED lighting.
Moreover, recent advances in phosphorescent OLED lighting have been key to enabling OLEDs to meet a variety of niche lighting performance targets and to demonstrate the potential for OLEDs to achieve general lighting targets established by the U.S. Department of Energy and others. In addition, OLED lighting may enable a range of exciting new product concepts with innovative form factors, transparency, and flexibility.
Source: Universal Display Corporation
E-mail: via web site
Web Site: www.universaldisplay.com
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