Visit Universal Display on the Web at

Visit Universal Display on the Web at. The Company`s state-of-the-art facility is designed tofurther technology and materials development, technology transfer tomanufacturing partners and work with customers to develop OLED products thatmeet their needs. Universal Display is located in the Princeton Crossroads Corporate Center inEwing, New Jersey. Universal Display currently owns or has exclusive,co-exclusive or sole license rights with respect to more than 940 issued andpending patents worldwide. Universal Display is working with a network ofworld-class organizations, including Princeton University, the University ofSouthern California, the University of Michigan, and PPG Industries, Inc.Universal Display has also established numerous commercial relationships withcompanies such as Chi Mei EL Corporation, DuPont Displays, Inc., Konica MinoltaTechnology Center, Inc., LG Display Co., Ltd., Samsung SMD Co., Ltd., SeikoEpson Corporation, Sony Corporation, Tohoku Pioneer Corporation and ToyotaIndustries Corporation. About Universal Display CorporationUniversal Display Corporation is a world leader in developing andcommercializing innovative OLED technologies and materials for use in flat paneldisplays, solid-state lighting products, electronic communications and otheropto-electronic devices. Their work under the program extension will continue tofocus on advances in these areas, while at the same time supporting theircutting-edge organic electronics research.

To date, the Company`s relationships with ProfessorsForrest and Thompson have yielded more than 200 U.S patents along with numerousforeign counterparts. In addition, they have pioneered OLED materials anddevice structures for transparent OLEDs, demonstrated the first small-moleculeflexible OLED, and are leading authorities in the field of energy efficientwhite PHOLED technology. I am excited to be part of helping make these innovations a reality.” Past research by Professors Forrest and Thompson has yielded such award-winningOLED innovations as the Company`s high-efficiency PHOLED phosphorescent OLEDtechnology and materials. “This nextphase of research and development will witness not only growth in the currentPHOLED display industry, but fantastic new innovations that we only dreamed ofin 1994. “As energy efficient PHOLED displays become part of theeveryday, a new realm of opportunity is also opening up for the technology inlighting and flexible applications. I look forward to continuing my partnershipwith Universal Display and helping shape the burgeoning organic electronicsindustry.” “It has been an extremely fulfilling experience working with Universal Displayand Steve Forrest over the past 15 years,” said Professor Thompson. On behalf ofall of us at Universal Display, I`d like to offer both gentlemen our thanks andadmiration for their work over the past 15 years, and for their continuedpartnership and commitment to innovation and research.” “It is exciting to continue to be part of Universal Display, and collaboratewith Mark Thompson as the OLED industry enters such an important stage,” statedProfessor Forrest.

Abramson, President and Chief Executive Officer ofUniversal Display. “Our commercialization of PHOLED technology based onProfessors Forrest and Thompson`s academic research will continue to be crucialin driving innovation for the growing organic electronics industry. Professor Thompson is Professor of Chemistry in theCollege of Letters, Arts and Sciences at the University of Southern California. “Stephen Forrest and Mark Thompson not only pioneered today`s commercialphosphorescent OLED technology, they are at the forefront of tomorrow`s PHOLEDtechnology including flexible, transparent and white PHOLED technology forlighting,” said Steven V. Professor Forrestserves as Vice President for Research and a Professor of Electrical Engineering& Computer Science, Physics, and Materials Science & Engineering for theUniversity of Michigan. Both are recognized as pioneers in the OLEDindustry, particularly in the area of phosphorescent OLEDs.