Universal Display Corporation Announces Issuance of Its 2,000th OLED Patent

Date Announced: 14 Jan 2016

This Expands UDC’s Growing Global IP Portfolio of over 3,600 Issued and Pending Patents.

EWING, N.J.--(BUSINESS WIRE)--Universal Display Corporation (Nasdaq: OLED), enabling energy-efficient displays and lighting with its UniversalPHOLED^® technology and materials, announced today that the United States Patent and Trademark Office (USPTO) has granted Universal Display its 2,000^th patent, U.S. Patent No. 9,231,218 (the '218 Patent) for a new family of “Phosphorescent Emitters”. Additionally, UDC’s 2,001^st patent was issued on the same day, U.S. Patent No. 9,231,227 (the '227 Patent) for a novel “OLED Display Architecture”.

“As a leading OLED innovator with 20 plus years of technology and phosphorescent material know-how and experience, we are proud of the fundamental technology we continue to develop and commercialize to enable the OLED industry. The issuance of the '218 and ‘227 Patents adds to our vast and growing global OLED IP portfolio,” said Steven V. Abramson, President and Chief Executive Officer of Universal Display. “As a company, we are constantly driving invention at both the architectural and molecular levels. We believe these efforts are expanding and extending the lifetime of our core competencies well into the foreseeable future, while further strengthening our position as a key partner in the OLED ecosystem.”

Universal Display Corporation’s OLED IP portfolio consists of an extensive and robust suite of enabling state-of-the-art OLED technologies and currently includes more than 3,600 patents (2,000+ issued and 1,600+ pending) worldwide, including the U.S., Europe, Japan, Korea, Taiwan, China, India, Australia, Brazil, and Israel. The Company believes that these patents affirm the novel nature of the innovative research undertaken over the last two decades and the progression of significant technology advancements that will continue to bolster two of its key business segments, OLED material sales and OLED device licensing.

To see how Universal Display is changing the face of the display and lighting industries with its UniversalPHOLED, white OLED, and flexible OLED technologies, please visit the company’s website at http://www.udcoled.com.

Source: Universal Display Corp.

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