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News Release

SHOWA DENKO K.K.

December 18, 2009

 

SDK Concludes License Agreement with UDC Concerning

Organic EL Technology for White Lighting Applications

 

Showa Denko K.K. (SDK) has concluded a license agreement with Universal Display Corporation (UDC), of the United States, concerning organic electroluminescent (organic EL) technologies for white lighting applications.

 

By combining its own material & device-structure technologies and UDC’s phosphorescent organic EL technologies, SDK will improve the efficiency of coating with phosphorescent materials and accelerate the development of organic EL devices with longer life.

 

SDK aims to achieve emissive efficiency of 150 lm/W and white-luminance half-life of 50,000 hours by 2015, and commercialize white organic EL lighting that surpasses the performance of fluorescent lamps.

 

 

[Reference]

Universal Display Corporation (NASDAQ: PANL)

Establishment: 1994

Scope of business: Development and licensing of OLED technologies and materials

Head office: New Jersey, U.S.A.

CEO: Mr. Steven V. Abramson

 

 

 

For further information, contact:

IR & PR Office (Phone: 81-3-5470-3235)




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