Universal
Display Corporation (Nasdaq: OLED), enabling energy-efficient
displays and lighting with its UniversalPHOLED®
technology and materials, unveiled new and elegant OLED white
lighting design prototypes and technologies at the Annual Meeting of
Shareholders on Thursday, June 18th. Exhibited items
highlighted the Company’s device architecture and material and
manufacturing process core competencies. These proof-of-concept panels
and products, including the new Loop Lamp prototype, demonstrate how
OLEDs offer flexibility, transparency, thinness and manufacturability on
plastic for unbreakable displays and luminaires.
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Universal Display's Loop Lamp (Photo: Business Wire)
The Loop Lamp is comprised of paper-thin, flexible, shatterproof OLED
lighting ‘ribbon’ panels designed into a unique concept chandelier. It
is cool to touch and offers a high color rendering index (CRI) that can
closely mimic natural sunlight. Manufactured using Universal Display’s
single layer UniversalBARRIER® encapsulation technology, the
plastic based OLED panels resist exposure to moisture and oxygen, are
lightweight and can bend in all directions. The Loop Lamp represents one
of many concepts in the application of flexible OLED lighting solutions
in home décor, architectural design, art and sculpture.
“As a company uniquely positioned at the forefront of the OLED industry,
the Loop Lamp embodies a number of our core technologies and fully
embraces new design freedoms associated with OLEDs to create thin,
conformable, non-glaring illumination sources for the display and
solid-state lighting markets,” said Steven V. Abramson, President and
Chief Executive Officer of Universal Display. “We were excited to unveil
these prototypes to showcase our innovative advancements in
phosphorescent OLED (PHOLED) materials and device architectures,
encapsulation, optical outcoupling, flexible and transparent designs and
processes as well as to present the extraordinary characteristics of
OLEDs. We look forward to continuing to drive down costs and increase
OLED performance to enable a future filled with beautifully designed,
energy-efficient forms of light.”
To learn more about the Loop Lamp, single-layer UniversalBARRIER
encapsulation technology and 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
or click here
to view Universal Display’s latest video featuring flexible OLED
technologies from its Annual Shareholder Meeting.
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
3,500 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
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.
Universal Display Corporation and the Universal Display 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 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, 2014.
Universal Display Corporation disclaims any obligation to update any
forward-looking statement contained in this document.
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