Universal Display Corporation to Showcase Phosphorescent OLED Technologies and Materials at SID Display Week 2013

  Universal Display Corporation to Showcase Phosphorescent OLED Technologies
  and Materials at SID Display Week 2013

Display Week 2013

Business Wire

EWING, N.J. -- May 20, 2013

Universal Display Corporation (NASDAQ: PANL), enabling energy-efficient
displays and lighting with its UniversalPHOLED^® technology and materials,
today announced that it will showcase the company’s latest advances at the
2013 Society for Information Display (SID) International Symposium, Seminar,
and Exhibition, being held from May 19-24, 2013 in Vancouver, British
Columbia. The company will also exhibit a variety of prototypes and concept
devices to demonstrate the benefits of its OLED technologies and
high-performance UniversalPHOLED materials. The company will exhibit at Booth
#514 from May 21-23 at the Vancouver Convention Centre.

Universal Display’s development of OLED display, lighting, and next-generation
technologies, including flexible OLEDs, has driven key advances and
accelerated the path to commercialization. Global display manufacturers have
been increasingly introducing OLED devices, including the leading smartphones
and other mobile products, and Universal Display’s technology and materials
are currently found in most OLED products on the market. Universal Display is
also delivering OLED advances to its partners to help accelerate their
commercialization of white OLED lighting and flexible OLED products.

While Universal Display’s red phosphorescent OLED emitter materials have been
the standard for manufacturers’ use in the OLED market over the past several
years, the company recently began selling commercial volumes of green
phosphorescent OLED emitter and host materials. As more products are brought
to market by OLED device manufacturers, and as innovative, next-generation
technologies are introduced, the company expects to expand its presence in the
display and lighting markets.

“This year we can truly say that OLED technology has entered the mainstream,
with OLED displays in the hands of millions of consumers worldwide,” said
Steven V. Abramson, President and Chief Executive Officer of Universal
Display. “Our proprietary UniversalPHOLED technology and materials are a
driving force in the development and commercialization of beautiful,
energy-efficient OLED displays and white OLED lighting. With manufacturers
reporting expanded production and plans to invest more in OLED development and
production, there are ample opportunities for Universal Display to grow, drive
further advances to realize OLED’s vast potential, and build shareholder
value.”

This year SID's Symposium will include a variety of technical and business
events, including the 9^th Annual SID/Cowen 2013 Display Investors'
Conference, where Sidney D. Rosenblatt, Universal Display’s Executive Vice
President and Chief Financial Officer, will participate in a session titled
“Who’s Got Next - Part I – OLEDs, the Technology of Tomorrow is Here”; and the
Monday Technical Seminars, where Dr. Ruiqing Ma, Director, Flexible PHOLED
Lighting at Universal Display, will speak on flexible display technologies.
During the technical symposium, Dr. Ma and Dr. Michael Weaver will chair
sessions highlighting progress in flexible OLED technologies and white OLED
lighting, respectively, and Dr. Xin Xu will present a paper, co-authored by
Dr. Michael Weaver and Dr. Julie Brown, titled “Phosphorescent Stacked OLEDs
for Warm-White Lighting Applications” on Friday, May 24 from 9:00-10:20 a.m.
in Ballroom B.

With a comprehensive patent portfolio and technical expertise that covers
these and other OLED technologies worldwide, Universal Display licenses its
state-of-the-art OLED technologies, sells its proprietary UniversalPHOLED
materials, and provides customized technology development and transfer
services for its OLED display and lighting customers. Universal Display is
transitioning from a New Jersey company that does business in foreign markets
to an international company that’s headquartered in Ewing, N.J.

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 SID

Society for Information Display is comprised of the top scientists, engineers,
corporate researchers, and business people of the display industry. SID was
formed in 1962 to promulgate display technology, and that work continues
today, publishing a monthly Journal of the SID, Information Display magazine,
and our annual Digest of Technical Papers, which are presented at our annual
spring Display Week Symposium and Exhibition. These publications are available
online without additional charge for members.

SID's Symposium began in 1963 and has about 70 technical events, comprised of
400 oral and poster presentations, as well as associated events: Business
Conference, Investors' Conference, Sunday Short Courses, Monday Technical
Seminars, Industry Awards Lunch, Market Focus Conferences, Exhibitors' Forum,
and I-Zone peer-reviewed prototypes. SID has chapters located throughout the
world; members are free to choose which chapter they wish to belong to, and
many chapters webcast their technical meetings, some of which are available to
members as recorded webinars free of charge. For more information,
visitwww.sid.org.

AboutUniversal Display Corporation

Universal Display Corporation (PANL) 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 3,000 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 visitwww.universaldisplay.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.

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, 2012. Universal Display Corporation
disclaims any obligation to update any forward-looking statement contained in
this document.

Contact:

Universal Display Corporation
Media Contact:
Gregory FCA
Matt McLoughlin, 610-228-2123
matt@gregoryfca.com
or
Investor Relations:
Gregory FCA
Joe Hassett, 610-228-2110
joeh@gregoryfca.com
 
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