Universal Display Corporation to Showcase Phosphorescent OLEDs and Organic Vapor Jet Printing at SID Display Week 2018

May 17, 2018

EWING, N.J.--(BUSINESS WIRE)--May 17, 2018--Universal Display Corporation (Nasdaq: OLED), enabling energy-efficient displays and lighting with its UniversalPHOLED ® technology and materials, today announced that it will showcase the Company’s latest advances at the Society for Information Display (SID) Display Week 2018 International Symposium, Seminar and Exhibition being held from May 20-25. At Booth #1245 in the Los Angeles Convention Center, the Company will exhibit its phosphorescent OLED (PHOLED) Multi-Color, Eco-Friendly Garden, as well as highlight its proprietary Organic Vapor Jet Printing (OVJP) technology from May 22-24. The PHOLED Garden will demonstrate a selection of UDC’s high-performing, energy-efficient commercial and developmental red, yellow, green, and blue UniversalPHOLED phosphorescent material systems.

“OLEDs are fast becoming a requirement for the best consumer electronic products around the world,” said Steven V. Abramson, President and Chief Executive Officer of Universal Display. “At SID, we are pleased to be showcasing our proprietary phosphorescent materials and technologies, which we believe are keys to unlocking the performance, value, and power efficiency of OLEDs. We will also highlight our OVJP technology, which we believe is a strong option for manufacturing OLED TVs in the future. It combines the benefits of using small molecule materials with a printing process that enables cost-effective, large area panel production.”

This year SID’s Symposium will include a variety of technical and business events, including:

SID/DSCC Business Conference, where Dr. Mike Hack will participate in the Technologies Enabling Next Generation Displays session. Dr. Hack will provide an update on UDC’s proprietary highly-efficient, high-performance phosphorescent OLED technology on Monday, May 21 st at 3:00pm PT. Session 26: OLED Devices I (OLEDs), where Dr. Michael Weaver of Universal Display will be the Session Chair on Wednesday, May 23 rd at 9:00am PT. Session 39: Novel TFT Applications (Active-Matrix Devices), where Dr. Mike Hack of Universal Display will be the Session Chair on Wednesday, May 23 rd at 3:30pm PT.

About Universal Display Corporation

Universal Display Corporation (Nasdaq: OLED) is a leader in developing and delivering state-of-the-art, organic light emitting diode (OLED) technologies, materials and services to the display and lighting industries. Founded in 1994, the Company currently owns or has exclusive, co-exclusive or sole license rights with respect to more than 4,500 issued and pending patents worldwide. Universal Display licenses its proprietary technologies, including its breakthrough high-efficiency UniversalPHOLED® phosphorescent OLED technology that can enable the development of low power and eco-friendly displays and solid-state lighting. The Company also develops and offers high-quality, state-of-the-art UniversalPHOLED materials that are recognized as key ingredients in the fabrication of OLEDs with peak performance. In addition, Universal Display delivers innovative and customized solutions to its clients and partners through technology transfer, collaborative technology development and on-site training.

Headquartered in Ewing, New Jersey, with international offices in China, Hong Kong, Ireland, Japan, South Korea, and Taiwan, and wholly-owned subsidiary Adesis, Inc. based in New Castle, Delaware, Universal Display works and partners with a network of world-class organizations, including Princeton University, the University of Southern California, the University of Michigan, and PPG Industries, Inc. The Company has also established relationships with companies such as AU Optronics Corporation, BOE Technology, DuPont Displays, Inc., EverDisplay Optronics (Shanghai) Limited, Govisionox Optoelectronics, Innolux Corporation, Japan Display Inc., Kaneka Corporation, Konica Minolta Technology Center, Inc., LG Display Co., Ltd., Lumiotec, Inc., OLEDWorks LLC, OSRAM, Pioneer Corporation, Royole Corporation, Samsung Display Co., Ltd., Sharp Corporation, Sumitomo Chemical Company, Ltd., Tianma Micro-electronics and Tohoku Pioneer Corporation. To learn more about Universal Display Corporation, please visit http://www.oled.com.

Universal Display Corporation and the Universal Display Corporation logo are trademarks or registered trademarks of Universal Display Corporation. All other company, brand or product names may be trademarks or registered trademarks.

All statements in this document that are not historical, such as those relating to Universal Display Corporation’s technologies and potential applications of those technologies, the Company’s expected results and future declaration of dividends, as well as the growth of the OLED market and the Company’s opportunities in that market, are forward-looking financial statements within the meaning of the Private Securities Litigation Reform Act of 1995. You are cautioned not to place undue reliance on any forward-looking statements in this document, as they reflect Universal Display Corporation’s current views with respect to future events and are subject to risks and uncertainties that could cause actual results to differ materially from those contemplated. These risks and uncertainties are discussed in greater detail in Universal Display Corporation’s periodic reports on Form 10-K and Form 10-Q filed with the Securities and Exchange Commission, including, in particular, the section entitled “Risk Factors” in Universal Display Corporation’s annual report on Form 10-K for the year ended December 31, 2017. Universal Display Corporation disclaims any obligation to update any forward-looking statement contained in this document.

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CONTACT: Universal Display Corporation

Darice Liu, 609-671-0980 x570





SOURCE: Universal Display Corporation

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PUB: 05/17/2018 04:05 PM/DISC: 05/17/2018 04:06 PM


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