June 21, 2010 (FinancialWire) — Universal Display Corp. (NASDAQ: PANL) said it has been awarded a $99,927 SBIR Phase I contract from the U.S. Department of Energy. Under this program, Universal Display intends to demonstrate a white phosphorescent OLED lighting panel that meets Energy Star criteria using an optical enhancement technique.

During the program, titled “Novel Optical Enhancement for Thin Phosphorescent OLED Lighting Panels,” Universal Display will employ an outcoupling technique meant to performs as well as thicker treatments, such as macro-extractors or outcoupling blocks, but is significantly thinner

 Outcoupling enhancements are commonly used to increase the amount of light that is emitted as useful light.

In addition to maintaining its thin and light weight form factor, the resulting white PHOLED lighting panel, which UDC intends to deliver to the DOE, is meant to improve the company’s previously reported lighting panel efficacy results by more than 25% and demonstrate a desirable path to meet the Energy Star Category B criteria for solid state lighting.

New Jersey-based Universal Display offers organic light emitting device (OLED) technologies, materials and services to the display and lighting industries.

The company also develops and offers UniversalPHOLED materials, which are ingredients in the fabrication of OLEDs.

Universal Display works and partners with a network of organizations, including Princeton University, the University of Southern California, the University of Michigan, and PPG Industries. The company has also established relationships with various companies.

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