Plextronics and Novaled to Collaborate on Development of Organic Lighting Technology
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PITTSBURGH, Pa. & DRESDEN, Germany--(Business Wire)-- Novaled AG, a leader in energy saving and long living OLEDs (Organic Light Emitting Diodes), and Plextronics, Inc., an international company that specializes in conductive organic inks for printed lighting, solar and other electronics, announced today that they have agreed to jointly develop doped and solution processed organic materials for OLED applications. OLED technology is expected to become a major ingredient of flat displays and drive a new era lighting innovation with its flexible design and energy efficiency advantages. The collaboration agreement specifies that the companies will combine their respective technologies to develop an advanced solution processible Hole Injection Layer (HIL) technology for OLEDs. By leveraging Plextronics` organic conductive ink technology and Novaled`s organic dopant technology, the companies will target these advanced HIL materials for use with solution processed polymer and small molecule emitters, as well as with vacuum deposited small molecule emitters. Novaled and Plextronics aim to offer a solution processed HIL with the same performance as a Novaled doped small molecule HIL deposited in a vacuum process. The Novaled doped HIL is part of the Novaled PIN OLED® technology, which has demonstrated some of the highest power efficiency together with a long lifetime. Plextronics and Novaled will co-market Plexcore® OC inks that incorporate Novaled dopant materials. "Novaled is well-known for its power efficient OLED technology and is considered to be a world leading supplier of doping material," says Andrew Hannah, President and CEO of Plextronics. "We expect that the combination of Plextronics` conductive ink for OLED - Plexcore® OC - and Novaled`s doping technologies will enable the high performance printing of OLED devices." "Plextronics is an international leader in organic ink", adds Gildas Sorin, CEO of Novaled. "It is Novaled`s strategy to partner with key industry players, like Plextronics, in order to enlarge our business offering for customers. Together with Plextronics, we are able to introduce the Novaled PIN OLED® technology to the world of printed electronics." About Plextronics About Novaled About OLEDs Plextronics Media Contact: Ms. Lori Lecker firstname.lastname@example.org Phone: + 00 1 412 423 2030, extension 111 or Novaled Media Contact: Ms. Anke Lemke email@example.com. Phone: +49 (0)351 796 5819 Copyright Business Wire 2009
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