Business Wire via NewsEdge Corporation Business Editors/Technology Editors EWING, N.J.--(BUSINESS WIRE)--July 23, 2008--Universal Display Corporation (NASDAQ:PANL), a key innovator behind today and tomorrow’s displays and lighting through its UniversalPHOLED™ technology, today announced a $1,918,878, two-year U.S. Department of Energy (DOE) contract to develop a ceiling-based white OLED lighting system. Universal Display plans to use Armstrong World Industries as a key subcontractor to fulfill the requirements of the grant. Funded through the U.S. DOE Office of Energy Efficiency and Renewable Energy, this Solid-State Lighting (SSL) Program award supports the DOE’s long-term commitment to advance the development and market introduction of energy-efficient, solid-state white light sources for general illumination. During this...
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