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CDT, Sumitomo Chemical and Novaled will collaborate to evaluate Novaled PIN OLED structures in Polymer OLED devices



CDT and Sumitomo Chemicals, leaders in polymer organic light emitting diode
(P-OLED) devices, and Novaled, the leader in high efficiency p-i-n OLED
structures and dopant materials, have agreed to collaborate under a joint
development agreement to investigate the feasibility and benefits of new
materials and Novaled PIN OLED? structures in P-OLED devices.

CDT, Sumitomo and Novaled plan to co-develop hybrid OLED devices combining
both new polymer emitting layers and doped electron transport layers. It is
expected that these hybrid devices will offer further improvements in power
efficiency without additional manufacturing complexity. The parties have
reached an agreement on how IP generated during the JDA will be handled.
Further, Novaled will grant a license to CDT enabling CDT to add necessary
Novaled device IP to its existing and future licenses. Each company will
remain responsible to market its own materials resulting from this
co-development.

CDT continues to focus its effort on supporting the P-OLED supply chain and
is pleased to be involved in yet another joint development project which has
the potential of bringing new materials and improved device performance to
our licensees, says David Fyfe, CEO of CDT.

We are excited about the prospect of including new materials and device
structures arising from a successful JDA between CDT and Novaled in our
product plans. Having the support from CDT and Novaled, leading companies in
their fields, increases the potential range of new products we can offer to
the market, says Kazuhiko Miyata, General Manager of Sumitomo New Business
Development office.

Novaled, with its Novaled PIN OLED technology, is a leader in high
efficiency OLED devices and a recognized supplier of specialised dopants and
organic transport materials, says Gildas Sorin, CEO of Novaled. ?We are
pleased to contribute to the development of P-OLED devices and look forward
to a successful collaboration with both CDT and Sumitomo Chemical. This
co-development agreement is consistent with our strategy to promote our
dopants in all organic electronic fields.

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