OLED Update May 2005

May 31, 2005
Samsung 40-inch OLED

* PRODUCT DEVELOPMENTS:
Samsung Electronics develops 40-inch OLED for ultra-slim TVs…TMD showcases 3.46- inch QVGA OLED…eMagin showcases near-to-eye virtual imaging technology

* RESEARCH & DEVELOPMENT:
Philips, Novaled push white OLED efficacy to 25 lm/W…Universal Display achieves 200 dpi transparent OLED…CDT achieves 100,000 hour lifetime for blue polymers

* BUSINESS NEWS:
CDT and Sumitomo Chemical announce P-OLED joint venture…Sumitomo Chemical acquires Lumation LEP business from Dow…Kodak licenses OLED technology to Fuji

* CONTRACT AWARDS:
Universal Display awarded $1.7 million to develop wristwatch phone

* EQUIPMENT & MATERIALS:
Litrex ships large inkjet production systems…Vitex Systems receives system order from Korean OLED maker…Universal Display acquires Tokki deposition equipment for flexible OLED displays

* FINANCIAL RESULTS:
eMagin…Universal Display…Cambridge Display Technology