Plextronics and Novaled to Collaborate on Development of Organic Lighting Technology

Tue Sep 8, 2009 10:52am EDT

* Reuters is not responsible for the content in this press release.

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

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
Phone: + 00 1 412 423 2030, extension 111
Novaled Media Contact:
Ms. Anke Lemke
Phone: +49 (0)351 796 5819 

Copyright Business Wire 2009

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