UNIVERSAL DISPLAY TEAM AWARDED $4 MILLION CONTRACT
FROM THE U.S. DEPARTMENT OF ENERGY TO SUPPORT
ESTABLISHMENT OF AN OLED LIGHTING PILOT MANUFACTURING
FACILITY IN THE U.S.
Universal Display Corporation, enabling
energy-efficient displays and lighting with its UniversalPHOLED™ technology and materials, today announced that the company, along with Moser Baer Technologies, has been awarded $4,000,000 for a two-year program from the United States Department of Energy (DOE) under the American Recovery and Reinvestment Act of 2009 for a program titled “Creation of a U.S. Phosphorescent OLED Lighting Panel Manufacturing Facility.”
Under the new program, Universal Display will demonstrate the scalability of its proprietary UniversalPHOLED technology and materials for the manufacture of white OLED lighting panels that meet commercial lighting targets. Moser Baer Technologies, a U.S. subsidiary of
Moser Baer India, will design and build the U.S.-based pilot facility during this program.
Demonstrated to provide up to a four times improvement in energy efficiency, UniversalPHOLED technology and materials have become a key element for OLED displays
and lighting products in the market and those under development. Through their use, powerefficient white PHOLEDs have the potential to significantly reduce energy consumption, environmental impacts and white lighting costs.
