UNIVERSAL DISPLAY: CONTRACT FOR WHITE OLED LIGHTING

Ewing, New Jersey – October 11, 2011 – Universal Display Corporation (NASDAQ: PANL), enabling energy-efficient OLED displays and lighting with its UniversalPHOLED® technology and materials, today announced that the U.S. Department of Energy (DOE) has awarded the company a $999,963 Small Business Innovation Research (SBIR) Phase II grant. The goal of the program is to demonstrate further gains in the performance of large-area, phosphorescent organic light emitting device (PHOLED) lighting panels through enhanced thermal management techniques. This new program builds on the achievements demonstrated by Universal Display during the previous Phase I program.

Under this program, Universal Display will design and build large-area white OLED lighting panels using the company’s energy-efficient UniversalPHOLED technology and materials in conjunction with novel thermal management techniques. Lighting panels that use the company’s PHOLED technology and materials already generate far less heat than traditional OLEDs. Through the use of thermal management techniques, operating temperature can be further minimized to extend operating lifetime.

“We are very pleased to further our efforts in this area with the support of the U.S Department of Energy, and we firmly believe that our UniversalPHOLED technologies and materials are critical to enabling energy-efficient, high-performance white OLED lighting,” said Steven V. Abramson, President and Chief Executive Officer of Universal Display. “Universal Display continues to build technology and design solutions that will provide lighting manufacturers with the right tools to develop high-value added OLED lighting products, as our technologies and materials have done for the display industry. We look forward to demonstrating the potential for efficient OLED lighting to meet U.S. DOE targets and accelerate the commercialization of OLED lighting.”

The U.S. Department of Energy has supported research and development of solid-state lighting, including OLED lighting, since 2003. According to the DOE, lighting accounts for approximately 24 percent of the total electricity generated in the United States today. It is estimated that by 2030 the development and widespread deployment of solid-state lighting could reduce national electricity use for lighting by one-third. Universal Display is the leading innovator and supplier of phosphorescent OLED technology and materials to the OLED display and lighting industries.

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 at www.universaldisplay.com .

About Universal Display Corporation

Universal Display Corporation (Nasdaq: PANL) is a leader in developing and delivering state-of-the-art, organic light emitting device (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 1,200 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, 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, Chimei Innolux Corporation, DuPont Displays, Inc., Konica Minolta Technology Center, Inc., LG Display Co., Ltd., Moser Baer Technologies Inc., Samsung Mobile Display Co, Ltd., Seiko Epson Corporation, Sony Corporation, Showa Denko K.K., and Tohoku Pioneer Corporation.

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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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, 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, 2010 and quarterly report on Form 10-Q for the quarterly period ended March 31, 2011. Universal Display Corporation disclaims any obligation to update any forward-looking statement contained in this document.

Endo Lighting Acquires ICON International

NORTH KINGSTOWN, R.I., Oct 06, 2011 (BUSINESS WIRE) -- Endo Lighting Corporation, the leading designer, manufacturer and supplier of LED fixtures in Japan, has entered the U.S. market with the acquisition of ICON, International in North Kingstown, Rhode Island.

The two companies share a commitment to innovation and proven performance in designing and bringing to market ground breaking LED lighting.

"This is a very good match," said ICON President Michael Goeller. "Both Endo and ICON are customer focused. We share a dedication to creating light that enhances the ambiance of the surroundings while integrating technologies to maximize energy efficiency."

Endo, a publicly traded company with 1600 employees and factories in Japan, China and Thailand, has developed the world's widest range of LED products. Utilizing ICON's market knowledge and management team, Endo will bring its products to the U.S. market.

"With its 2600 products, Endo has an LED solution for every single conventional light," said Goeller. "This means ICON will now have the capacity to fit entire buildings with LED lighting systems, from schools, offices, retail and supermarkets - and to do it all beautifully, efficiently and economically."

About ICON International: ICON designs, manufactures, installs, and maintains architectural lighting systems for custom fixtures, educational facilities, healthcare, large facilities, mass transit, offices, retail and supermarkets. The company's tradition of quality, innovation and customer service coupled with an experienced and creative Research and Design team consistently set the standard for industry lighting solutions. The company was founded in 1947 and is located in Rhode Island. As of September 8, 2011, ICON International, Inc. operates as a subsidiary of Endo Lighting Corp.

About Endo Lighting Corporation: Endo was founded in Osaka, Japan in 1967 as a manufacturer of original lighting fixtures. Japan's first publicly listed company specializing in manufacturing lighting fixtures, Endo is currently the leading company in the architectural and commercial segment of the lighting market.

SOURCE: ICON International

India LED Lighting Market Forecast

ElectroniCast Consultants                                

 

India LED Lighting Market Forecast  

 Solid-State Lighting (SSL) General Lighting LED Lamp Consumption Market Forecast (2010-2015)

 

Publish Date:   September 28, 2011

Text Pages:     546

Also Included: Excel Market Forecast Database and PowerPoint Slides

Fee:                US$4,200

Contact: stephen_montgomery@electronicastconsultants.com

 

India - LED Lighting Market Forecast  This report, by ElectroniCast Consultants, provides the research findings of our study of the consumption of Light Emitting Diode Lamps (also known as “consumer-level bulbs” or “consumer-level globes”), which are used in luminaires in stationary (non-vehicle) solid-state lighting (SSL) General Lighting applications in India. 

Solid State     The term "solid state" refers to the fact that light in a light emitting diode (LED) is emitted from a solid object, that has do not contain moving parts or parts that can break, rupture, shatter, leak or contaminate the environment —a block of semiconductor—rather than from a vacuum or gas tube, as is the case in traditional incandescent light bulbs and fluorescent lamps.

General Lighting Stationary Applications   The definition used by ElectroniCast for General Lighting is – lighting that is used to provide the main illumination of an area. ElectroniCast includes Directional Lighting, Supplementary Lighting and Architectural Lighting in the General Lighting category.

LED Level Quantified in the ElectroniCast Study          Below, are five levels (or “food chain”) pertaining to the LED marketplace.  For the purposes of this ElectroniCast study, we quantify and provide a market forecast for “Level 4”

Level 1 - The chip or die

Level 2 - The LED component (component-level bulb)

Level 3 - LED array; may include optics, heat sink and/or power supply

Level 4 - Lamp

Level 5 - Luminaire (light fixture/lamp holder)       

This report provides the 2010-2015 market data by the following functions:

·        Consumption Value (US$, Million)

·        Quantity (number/units in Millions)

·        Average Selling Prices (ASP US$, each)

Market Forecast Product Categories    This market forecast of consumption is presented for five major lamp-type categories.  The lamp categories, in turn, may have multiple sub-categories, which are determined by lamp luminous flux and/or the physical size of the lamp. Note: lower-level products, which are indented in the list shown in Table 1, are summed-up to the higher-level product category stated above it.

Table 1

ElectroniCast Market Forecast Data Base Hierachy Structure

LED Lamp Product Category List

Total Consumption: LED Lamps

Parabolic aluminized reflector (PAR)

PAR16

PAR20

PAR30

PAR38

PAR56

PAR64

PAR-Types: Other (Miscellaneous) Sizes

General Service/Decorative: Mushroom, Fancy/Candle, Panel, Other

Multifaceted reflector (MR) Compatible

            MR16

            MR11 / Other MR

Linear / Tube

< 1200mm

> 1200mm

Street, Parking-lot, Campus / Similar (Parks, Walkways)

Market Forecast Application Categories         This market forecast of consumption is presented by three major End-User categories:

·  Government

·  Commercial/Industrial

·  Residential/Non-Specific

The Commercial/ Industrial group is especially strong in the General Service lamps and PAR lamps; however, MR compatible lamps are forecast to begin replacing halogen-based MR lamps in many retail-type settings (displays and ceiling lighting), thus MR compatible lamps are forecast with an average annual growth rate of 74.5 percent in the Commercial/ Industrial application.  Streetlight type of flood/exterior lighting used in parking lots, campus and landscaping is forecast to maintain a strong presence consumption value, in the Commercial/ Industrial group, especially with the lamp’s high average selling price compared to other-types of lamps.

Residential is forecast with relative strong use in the General Service lamp types; however MR compatible are also forecast with a strong market share, used in modern ceiling lighting and fixtures. 

Street Lighting is forecast to dominate the Government application in terms of consumption value.

Overall, the LED-based Linear (tube) lamp category, which offers an alternative to the standard fluorescent tube lamps, are forecast to remain relatively minor, at least near-term (2010-2015).

The average selling price (ASPs) shown in the ElectroniCast market forecast for the LED lamps used in India, are not retail prices; the prices are based on the price of the LED lamp at the initial factory level (prior to FOB – Free On Board); therefore, shipping expenses and any other value-added items are not included.  The consumption value is then based on the end-use application in India.

This study is based on analysis of information obtained continually over the past eight years, but updated through the end of September 2011. During this period, ElectroniCast analysts performed interviews with authoritative and representative individuals in the LED and lighting industry, plus – R&D and factory/manufacturing, from the standpoint of both suppliers and users of LED and lighting illumination products.

Latin America Market Forecast  

 

Solid-State Lighting (SSL) General Lighting LED Lamp Consumption Market Forecast (2010-2015)

 Contact: stephen_montgomery@electronicastconsultants.com

Publish Date:  September 22, 2011

Text Pages:    603

Also Included: Excel Market Forecast Database and PowerPoint Slides

Fee:               US$4,200

Latin America Market Review and Forecast          Direct from ElectroniCast regional office in Peru, this report provides the research findings of our study of Latin American consumption of Light Emitting Diode (LED) lamps (also known as “consumer-level bulbs”), which are used in luminaires in stationary/fixed location (non-vehicle/non-portable) solid-state lighting (SSL) General Lighting applications. The lamps are lamps are used in new construction, as well as retrofitting/ replacement of existing (installed-based) lamps.

General Lighting provides the main illumination of an area.  In this study, we provide a market review for the year 2010 plus our forecast and analysis (2011-2015) of LED lamps used for general lighting, including interior and exterior decorative and functional lighting for residential, commercial and government areas.

For the purposes of this study, ElectroniCast Consultants includes Directional Lighting, Supplementary Lighting, Street Lighting and Architectural Lighting in the General Lighting category. 

LEDs are used in both functional and decorative light fixtures, with an advantage of energy savings. Compared to incandescent lighting, LED-based solid-state lighting (SSL) delivers visible light with reduced heat. In addition, its solid-state nature provides for greater resistance to shock, vibration, and wear, thereby significantly increasing its lifespan.

LED Level Quantified in the ElectroniCast Study               Below, are five levels (or “food chain”) pertaining to the LED marketplace.  For the purposes of this ElectroniCast study, we quantify and provide a market forecast for “Level 4”

Level 1 - The chip or die

Level 2 - The LED component (component-level bulb)

Level 3 - LED array; may include optics, heat sink and/or power supply

Level 4 - Lamp

Level 5 - Luminaire (light fixture/lamp holder)

This report provides the 2010-2015 market data by the following functions:

·         Consumption Value (US$, Million)

·         Quantity (number/units in Millions)

·         Average Selling Prices (ASP US$, each)

The value is determined by multiplying the number of units (lamps) by the average selling price (ASP) in US Dollars. The ASPs are not retail prices; the prices are based on the price of the LED lamp at the initial factory level (prior to FOB – Free On Board; therefore, no shipping expenses are included).  The value is then based on the end-use application in the Latin American region.

ElectroniCast Consultants studied the markets for LED Lamps in the following countries in the Latin American region and segmented them into two categories: “Major” and “Rest of Latin America.”  This report provides our 2010-2015 market forecast of the consumption (use) of LED Lamps in the “major countries” and “Rest of Latin America” counties as a group. 

Asia Pacific Market Forecast – LED-Based Lamps

According to ElectroniCast, the number of LED lamps used in the Asia Pacific region is forecast to reach 1.66 billion (units) in the year 2015, representing an average annual growth rate of 115.3 percent (2010-2015).

ElectroniCast Consultants, a leading market & technology forecast consultancy, today announced their 5-year market forecast of the Asia Pacific consumption of light emitting diode (LED) lamps in solid-state lighting (SSL) General Lighting applications. 

According to the ElectroniCast study  – In 2011, the street lighting category dominates the product market share, in terms of consumption value, in the Asia Pacific region.  However, ElectroniCast points out that there is a big difference in product-category market share from the value data ($ million) versus the volume (quantity/number of units) data, especially for the Streetlight category.  This is because there is such a huge difference in the relative (higher) pricing for a streetlight lamp compared to the lower pricing for the other lamp types.  For example, in terms of volume (quantity/number of lamps), the street lighting category dominates the product market share with less than 10 percent of the total volume of LED-based lamps use in the Asia Pacific region in 2011. 

                       

It is important to note that some streetlight fixtures, which are installed on the top of the poles, may actually have more than one (1) lamp.  For example, the streetlight fixture may actually accommodate 2 or more lamps.  ElectroniCast expects that the average street lamp will increase in brightness output over the forecast period (2010-2015); therefore, fewer lamps per light pole (or fixture) will be required over time.  The data shown by ElectroniCast counts the lamps (not the fixture/s).

The new report from ElectroniCast also segments the market forecast data by three major End-User categories: Government, Commercial/Industrial, and Residential/Non-Specific.  Most of the streetlights fall-in the Government category; the Commercial/ Industrial group is especially strong in the PAR lamps, MR lamps and (near-term) General Service lamps (LED linear/tube lamps are also counted); the Residential category is forecast with relative strong use in the General Service/Decorative style of lamp types.

Volume/Quantity Market Forecast             The consumption value is determined by multiplying the number of units (volume) by the average selling price. The average selling prices are based on the price of the LED lamps at the initial factory level. 

ElectroniCast estimates that 35.8 million LED lamps (consumer-level bulbs) were installed/used in Asia Pacific last year in 2010. The number of LED lamps is forecast to be nearly 1.66 billion (units) in the year 2015, representing an average annual growth rate of 115.3 percent (2010-2015).

Note: Market forecast data in this study report by ElectroniCast refers to consumption (use) for a particular calendar year; therefore, this data is not cumulative data. Market forecast data are provided in United States Dollars (US$).

Additionally, the new market research report, by ElectroniCast also provides the market data by the following regional segments:

·        Asia Pacific (Total)

o       The People’s Republic of China

o       Japan

o       Republic of Korea

o       Rest of Asia

           

# # #

This 589-page market forecast report is available immediately from ElectroniCast Consultants (fee $4,200). For detailed information on this or other services provided by ElectroniCast, please contact me at stephen_montgomery@electronicastconsultants.com

or...Theresa Hosking, Marketing/Sales; thosking@electronicastconsultants.com  

(Telephone/USA: 707/275-9397)

ElectroniCast Consultants – www.electronicast.com specializes in forecasting trends in technology forecasting, markets and applications forecasting, strategic planning and consulting. ElectroniCast Consultants, as a technology-based independent forecasting firm, serves industrial companies, trade associations, government agencies, communication and data network companies and the financial community.  Reduction of the risk of major investment decisions is the main benefit provided.  ElectroniCast Consultants’ goal is to understand the challenges and opportunities facing clients and to provide timely, accurate information for strategic planning. See our LED-Blog: http://electronicast-led.blogspot.com/

Lower Power Bills with LED Lighting

Monday, 15 August 2011             Impress Media Australia has slashed more than $500 from its annual power bill by replacing 80 fluorescent globes and tubes with LED (Light-Emitting Diode) lighting at its office.

The lighting overhaul also eliminates the need to regularly clamber up and down stepladders to change light globes as LED lights are predicted to last for 50,000 hours each – that’s more than 24 years of 40-hour working weeks!

While LEDs have replaced incandescent and fluorescent bulbs for many uses, such as traffic lights, flashlights and reading lamps in recent, the availability of compact fluorescent bulbs and fittings increasingly make them the best long-term choice for commercial and even residential lighting.

Impress Media selected LED lighting specialist Steve Hay of Electrical Solutions and LED Lighting to review its existing lighting, relocate a number of existing downlights and replace existing fluorescent lighting with LEDs.

As an example, in one 6x4-metre office, Steve replaced two fluoro tubes and four fluoro globes with five 18-watt LED downlights. As well as reducing power consumption from about 160 watts per hour to just 90 watts –less power than a single 100-watt incandescent globe – it boosted the amount of light in the room by more than 50 per cent, from less than 300 lumens to about 450 lumens.

Impress Media managing director John Harris said the lower power costs would take about three years to pay back the investment. “What I’m most happy about is not having to change any more bulbs,” he explained.

For more information about LED lighting, visit the Electrical Solutions and LED Lighting website at http://electricalsolutionsandleds.com/

Bruker: Advanced HB-LED Production Metrology

Bruker Introduces Dimension Edge PSS Atomic Force Microscope for Advanced HB-LED Production Metrology

 

SANTA BARBARA, Calif., Aug 15, 2011 (BUSINESS WIRE) -- Bruker today launched the Dimension Edge™ PSS Atomic Force Microscope (AFM), a production-environment AFM specifically tailored for patterned sapphire substrate (PSS) metrology in high brightness light-emitting diode (HB-LED) manufacturing.

The Dimension Edge PSS is an easy-to-operate AFM that delivers resolution far beyond traditional optical techniques while at the same time providing precise 3D profile information to control the most advanced PSS processes. The system performs automated measurement, data collection, data analysis and report generation on 2- to 6-inch wafers for production metrology applications, and offers a multitude of AFM capabilities essential for LED R&D. The Dimension Edge PSS comes with Bruker's exclusive AutoMET™ software package, which greatly improves manufacturing productivity by fully automating AFM data collection and analysis report generation to provide a PASS/FAIL output for technician operation.

"Driven by ever increasing performance and cost demands, HB-LED manufacturers are looking to PSS technology to deliver critical process improvements, and the Dimension Edge PSS is instrumental in controlling these advanced processes," said Mark R. Munch, Ph.D., President of the Bruker Nano Surfaces Division. "The Dimension Edge PSS provides rapid process feedback with its speed of measurement and unmatched precision and resolution."

"With the release of the Dimension Edge PSS, Bruker continues to demonstrate its commitment to superior AFM performance and usability for both researchers and production environments," added David V. Rossi, Vice President and General Manager of Bruker's AFM Business. "The Dimension Edge PSS brings reliable AFM metrology into industrial applications, enabling the highest resolution measurements, and providing simple pass or fail measurement criteria for operator ease of use."

About Dimension Edge PSS             The Dimension Edge PSS system utilizes the strengths of the Dimension Edge AFM along with proprietary software to provide a turnkey production metrology solution for patterned sapphire substrate manufactures. These features combine to allow for technician level operation and a system ideal for production environments. Bruker's automation software package is designed specifically to meet the production needs of HB-LED manufactures. The software can easily be configured to measure between one to nine wafers at multiple points per wafer, including automated data analysis and reporting, providing measurement details to the engineer and a PASS/FAIL indicator to the operator.

About Bruker Corporation              Bruker Corporation is a leading provider of high-performance scientific instruments and solutions for molecular and materials research, as well as for industrial and applied analysis. For more information about Bruker Corporation, please visit www.bruker.com .

SOURCE: Bruker Corporation

        Bruker Nano Surfaces Division

        Stephen Hopkins, +1 520-741-1044 x1022

        Marketing Communications

        steve.hopkins@bruker-nano.com