Vitex, leader in thin film encapsulation and Novaled, leader in highly
efficient long lifetime OLEDs (organic light emitting diodes), are going to
combine advantages of the Vitex BarixTM thin film technology with the
Novaled doping technology and materials targeting very thin and high
efficiency long lifetime OLED products.

OLED is the major technology for the forthcoming new generation of Displays
covering applications from the mobile phone to TV. OLED will also introduce
a revolution in lighting while allowing innovative design, as well as energy
saving when using the high efficient Novaled PIN OLED technology.

The majority of OLEDs are currently processed on glass substrate and
encapsulated with glass for protection against air and moisture. The glass
represents more than 90% of the device thickness.

Vitex has developed an innovative thin film encapsulation targeting ultra
thin OLED devices.

Thanks to this cooperation between Vitex and Novaled, the market will
benefit from very efficient and very thin OLED devices.

Novaled is famous for its highly efficient OLED technology, says Jack
Saltich, Vitex CEO. ?Vitex BarixTM thin film encapsulation not only offers
superior encapsulation properties but also enables innovative and ultra thin
product design that conventional technology can not provide. Together with
Novaled we can offer the complete solution for new design form factors and
energy savings.

Novaled holds world records for power efficient OLEDs. Our strategy is to
provide complete OLED solutions around our Novaled PIN OLED? technology?,
states Gildas Sorin, Novaled CEO.