Based on acceptance of the first Aixtron Gen2-OVPD system for the mass production of OLEDs by RiTdisplay Corporation in 2005, the Company plans to drive forward its strategy to introduce its OVPD technology to a broader OLED display and lighting market, with the goal to achieve revenue contributions in 2007.

Accordingly, AIXTRON expects to achieve a share of at least 3% in the small molecule (SM) OLEDs deposition equipment market (total market size of US$ 220 million by the end of 2007.

In addition to its development of OLED displays, Epson has researched the characteristics of OLED as an electronic device. Specifically, Epson has succeeded in creating a print head that uses OLED as a light source (OLED print head), opening the way for utilization of OLED as a new printing technology for printers.

At present, electro-photographic printing technologies for copiers and printers use either laser or LED light sources. Epson merged the many years of expertise it had accumulated in printing and display technology, and partnered with Sumitomo Chemical Co., Ltd. to jointly develop a super bright OLED that can be used in printing. Printing tests using a prototype of an OLED-based print head have produced printouts quality comparable to or better than those produced by conventional laser printers.

The Company reported a net profit of $10.2 million for the fourth quarter, including an overall gain of $15.9 million from the sale, in two tranches, of its shares in Litrex, its former subsidiary. For the full year the loss was $13.8 million, a decrease of $8.8 million, or 39%, compared with the 2004 loss (before the cumulative effect of accounting change) of $22.6 million.
Highlights for 2005:

• Reported revenues of $18.1 million for the year, an increase of 36% from 2004
• Successful sale of remaining equity in Litrex Corporation to Ulvac of Japan.
• Formation of Sumation™ - 50/50 JV with Sumitomo Chemical of Japan incorporating Dow Chemical P-OLED IP acquired by Sumitomo and licensed by Sumitomo to the JV
• New revenue streams established through distribution of Litrex ink jet printers and sales of materials
• Strong progress in materials development

CDT welcomes the announcement by Sumation - its joint venture partner with Sumitomo Chemical - of rapid progress in the development of long lifetime, high efficiency light emitting polymers for full color, video capable PLED displays.

Following a previous announcement in December, CDT now reports the achievement of blue fluorescent devices (CIEx=0.14, y=0.21) with 12,500 hours lifetime(1) from an initial luminance of 400 cd/m², and an efficiency of 9cd/A.

This new phenomenon, called electrophosphorescence, allows OLEDs to be used in high-efficiency, full-color displays. But perhaps more importantly, it allows for the emergence of a new generation of interior illumination sources. By combining the light emissions of red, green, and blue electrophosphorescent OLEDs, we can generate light that the eye perceives to be white -- and do it very efficiently.

OLED display manufacturer Univision Technology Inc. recently revealed that it has received investment worth $40 million from Warbug Pincus LLC, which will be used for its OLED capacity expansion plans.

According to Univision, it plans to increase capacity at its third OLED production line in its facility in Hsinchu, northern Taiwan.

Universal Display Corporation today announced results for the fourth quarter and year end 2005. For the twelve months ended December 31, 2005, Universal Display had revenues of $10,147,995, compared to $7,006,913 in 2004. Revenues continued to grow year-over-year, driven by contract research revenue and development chemicals sales revenue, both of which indicate increased pre-commercial activity in the development and commercialization of Universal Display’s proprietary phosphorescent OLED (PHOLED™) technology. For the year, the Company reported a net loss attributable to common shareholders of $15,801,612 or $(0.56) per diluted share, versus a net loss of $15,906,198, or $(0.59) per diluted share in 2004.

In 2005, Universal Display continued to build a solid foundation for future growth in the display industry, said Sidney D. Rosenblatt, Chief Financial Officer of Universal Display. We generated consistent improvement in our financial fundamentals, with revenues and operating cash flow exhibiting continued traction, and we end the year with a solid balance sheet. At the same time, we established a robust platform for OLED research and commercialization with the expansion of our headquarters facility. We believe that 2006 will show a number of financial and technological advances for Universal Display.

DisplaySearch is proud to announce that nine leading companies in the OLED and emerging display technology markets and DisplaySearch will present during the OLEDs and Emerging Technologies session at the upcoming 8th Annual DisplaySearch US Flat Panel Display (FPD) Conference. Executives from CDT, Clairvoyante, DisplaySearch, Eastman Kodak, iFire, IGNIS Innovation, Qualcomm, Samsung SDI and UDC will be on hand to present the latest technology innovations in OLEDs, MEMs, electronic ink, solid state displays and flexible displays.
The 8th Annual DisplaySearch US FPD Conference is being held at Loews Coronado Bay Resort in San Diego on March 21-23, 2006.

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Birmingham's National Motorcycle Museum is the venue for the third annual international solid-state lighting conference and exhibition, euroLED 2006. Held from May 16 to May 18, the event aims to unite leading experts from the LED, electroluminescent and organic LED industries and provide updates and free workshops on the latest technology and specific market sectors.

Day one of the event covers solid state lighting technologies and the market, with speakers from firms such as iSuppli, Cree, Kyocera, Nat Semi and Mesophotonics. Day two moves on to LED applications, and features presentations from Philips, Oxley, CML and Hella. The third day of the conference focuses on the DTI Global Watch missions to Japan in November last year and to the US in March 2006. The speakers will describe these two countries' applications of LEDs in areas such as healthcare, lighting, transportation, and optical design.