EWING, N.J.--(BUSINESS WIRE)--Universal
Display Corporation (Nasdaq: OLED), enabling energy-efficient
displays and lighting with its UniversalPHOLED®
technology and materials, today announced it exhibited with partner IDD
Aerospace/Zodiac Lighting Solutions a
white OLED lighting prototype for aircraft interiors at the U.S.
Department of Energy’s (DOE) eleventh annual Solid-State
Lighting (SSL) R&D Workshop in Tampa, FL. The workshop took
place January 28–30, 2014.
“We are excited to have showcased this energy-saving shelf utility OLED
lighting prototype for aircraft interiors, which is a result of our
collaboration with IDD Aerospace/Zodiac Lighting Solutions”
In June 2013, Universal Display was awarded a $225,000 Small Business
Innovation Research (SBIR) Phase I program from the DOE. Under the
program, titled “Novel Energy-Saving Phosphorescent OLED Lighting
Products,” Universal Display partnered with and subcontracted IDD
Aerospace/Zodiac Lighting Solutions to evaluate and demonstrate the
potential for energy-efficient and cost-effective white OLED lighting
panels for aircraft interiors.
The shelf utility OLED prototype displayed at DOE’s R&D Workshop
demonstrated a very slim and energy efficient lighting solution for
aircraft interiors. The companies believe that the data generated by
developing this shelf utility light may be applied to larger-scale OLED
lighting aircraft projects, including cabin applications for interior
furniture, galley, interior structure enhancements, as well as other
potential adoptions in cabin accent, task, ceiling and sidewall
lighting, and sign backlighting.
“We are looking forward to adapting OLEDs into the aircraft environment
as an innovative and welcome change in aviation. Our lighting enhances
our customers’ experience and modifies how we think about lighting and
what it can provide. It is exciting to be working on the first prototype
for aircraft interiors, and we are looking forward to continuing our
partnership with UDC," said Beth DeYoung, General Manager, IDD
Aerospace/Zodiac Lighting Solutions.
“We are excited to have showcased this energy-saving shelf utility OLED
lighting prototype for aircraft interiors, which is a result of our
collaboration with IDD Aerospace/Zodiac Lighting Solutions,” said Steven
V. Abramson, President and Chief Executive Officer of Universal Display.
“OLED lighting offers several significant advantages over current
fluorescent, incandescent and LED lighting technologies, from reducing
an aircraft’s carbon footprint, lowering fuel consumption to opening up
the design restrictions of current lighting solutions. Universal Display
is focused on developing and furthering energy efficient, thin,
lightweight OLED lighting solutions for this market, and we believe this
prototype demonstrates the potential for high-efficiency,
high-performance PHOLED lighting panels in aircraft utility lighting
applications.”
The DOE has made a long-term commitment to the development and
introduction of energy-efficient, solid-state white lighting. Universal
Display is a recognized leader in OLED technologies, and its
UniversalPHOLED technology and materials have been essential to
demonstrating high performance white OLED lighting panels that meet the
DOE’s solid-state lighting targets. Additionally, Universal Display is
at the forefront of developing complementary OLED technologies,
including light extraction, thin-film encapsulation, and flexible OLED
technologies.
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 www.udcoled.com.
About IDD Aerospace/Zodiac Lighting Solutions
IDD Aerospace/Zodiac Lighting Solutions, is part of Zodiac Aerospace,
Aircraft Systems Group. The company headquarters is in Redmond,
Washington, USA and is a leading provider of flight deck and interior
lighting solutions to aerospace customers worldwide. Zodiac Aerospace is
a world leader in aerospace equipment and systems to regional,
commercial and business aircraft, helicopters and space. Zodiac
Aerospace employs 28,000 employees worldwide and achieved a turnover of
€ 3.4 billion in 2011/2012 through its five divisions: Zodiac Cabin &
Structures, Zodiac Seats, Zodiac Galleys & Equipment, Zodiac Aircraft
Systems, Zodiac Aerosafety, supplemented by the dedicated after-sales
business of Zodiac Services. More information about Zodiac Aerospace can
be found at www.Zodiacaerospace.com.
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
3,300 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 white
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.
Based in Ewing, New Jersey, with international offices in Ireland, South
Korea, Hong Kong, Japan and Taiwan, Universal Display works and partners
with a network of world-class organizations, including Princeton
University, the University of Southern California, the University of
Michigan, and PPG Industries, Inc. The company has also established
relationships with companies such as AU Optronics Corporation, DuPont
Displays, Inc., Innolux Corporation, Konica Minolta Technology Center,
Inc., LG Display Co., Ltd., Lumiotec, Inc., Moser Baer Technologies
Inc., Panasonic Idemitsu OLED Lighting Co., Pioneer Corporation, Samsung
Display Corporation, Seiko Epson Corporation, Sony Corporation, Showa
Denko K.K., and Tohoku Pioneer Corporation. To learn more about
Universal Display, please visit www.udcoled.com.
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.
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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 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, 2012. Universal Display Corporation
disclaims any obligation to update any forward-looking statement
contained in this document.