Universal Display Corporation (Nasdaq:PANL) is a leader in developing and delivering state-of-the-art, organic light emitting device (OLED) technologies, materials and services to the display and lighting industries. Founded in 1994, Universal Display currently owns or has exclusive, co-exclusive or sole license rights with respect to more than 1,200 issued and pending patents worldwide.
Universal Display Corporation, enabling energy-efficient displays and lighting with its UniversalPHOLED technology and materials, yesterday announced that the company has entered into an OLED technology license agreement with Pioneer Corporation. Under the arrangement, Pioneer will be licensed to access and use Universal Display’s proprietary UniversalPHOLED phosphorescent and other OLED technologies and materials for the manufacture and sale of OLED lighting products.
“Having worked with Pioneer for a number of years to support their passive-matrix OLED display business, we are pleased to enter into this new business arrangement with Pioneer for their use of our proprietary UniversalPHOLED materials and technology in OLED lighting products,” said Steven V. Abramson, President and Chief Executive Officer of Universal Display. “With the extensive expertise and experience that Pioneer has developed in OLED manufacturing and product development, Pioneer is well positioned to become a strong player in the OLED lighting field.”
In 2003, Pioneer introduced the first OLED display product to use Universal Display’s phosphorescent OLED technology and materials. Based on this product launch, the companies, along with Nippon Steel Chemical Company (NSCC) and Tohoku Pioneer Corporation, were awarded the grand prize of the 10th annual Advanced Display of the Year (ADY) award, in the Display Materials and Components category, at the 2005 FINETECH JAPAN conference. Since then, Pioneer has developed and marketed a variety of passive-matrix OLED products for automotive, consumer electronics and other applications. Based on a strong foundation, Pioneer is now well prepared to take the next step into OLED lighting using Universal Display’s proprietary UniversalPHOLED technology and materials.
For more information about Universal Display, please visit www.universaldisplay.com
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NetScout Systems, Inc. (Nasdaq:NTCT) will showcase the end-to-end management of service delivery as a provider of InteropNet, the specialized, high-speed network that supports exhibitors, conference sessions and attendees of Interop New York, the world’s leading business technology event, taking place at the Javits Convention Center from October 3-7, 2011. The nGenius® Service Assurance Solution will provide unified views of converged service traffic, including applications, voice, video and multimedia flowing across the InteropNet’s multi-tier, multi-location service delivery environment.
NetScout Systems, Inc. engages in the design, development, manufacture, marketing, sale, and support of unified service delivery management, service assurance, and application and network performance management solutions worldwide.
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MedAssets, Inc. (NASDAQ:MDAS) announced an innovative, comprehensive solution suite designed to help hospitals more effectively manage the clinical, operational and financial aspects of oncology infusion centers. The MedAssets Oncology Assessment and Management Solutions address the fast-growing sector of hospital-owned cancer centers.
MedAssets, Inc. provides technology enabled products and services for hospitals, health systems, and other non-acute healthcare providers in the United States. It operates in two segments, Spend and Clinical Resource Management, and Revenue Cycle Management.
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Cleantech Transit Inc (CLNO)
Cleantech Transit, Inc. (CLNO) is pleased to announce it has met its funding requirement to secure the Company’s ability to earn in 25% of the 500KW Merced Project.
The Company is in the final stages of closing its initial interest in the Merced Project and is currently working on completing the necessary documentation and expects closing the transaction soon. As previously announced Cleantech has the option to earn up to 40% of the Merced Project and the Company plans to continue to work towards increasing its interest in the Merced Project as they move ahead.
Biomass consists of growing plants or the remains of growing things. Examples include trees, grasses, algae, ocean plants, agricultural and food processing wastes, and fertilizer. Woodchips and other woody material can be burned to produce heat, steam or electricity (i.e. energy produced via combustion). Farm products such as corn, sugarcane molasses, agricultural residues, or energy crops can be used to produce heat or used as transportation fuels (processes include combustion, fermentation, and gasification).
Cleantech Transit Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector. Cleantech Transit Inc has expanded its focus to invest directly in specific green projects that could maximize shareholder value. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech Transit Inc. has selected to invest in Phoenix Energy (www.phoenixenergy.net).
For more information about CLNO, visit www.cleantechtransitinc.com
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JDS Uniphase Corporation (NASDAQ:JDSU) announced a new segment for its Industry View campaign that highlights JDSU experts and customers as they discuss topics including 100G and next generation networks at the annual European Conference and Exhibition on Optical Communications (ECOC) 2011 held last week in Geneva, Switzerland. “JDSU is working closely with customers to reduce the size, cost and power of our optical component technology for next generation networks,” said Brandon Collings, chief technology officer of Optical Communications at JDSU. “We align our technologies with customers’ needs it’s a very collaborative and iterative process that allows us to come out with disruptive new solutions that really help advance their product lines.”
JDS Uniphase Corporation provides communications test and measurement solutions, and optical products for telecommunications service providers, wireless operators, cable operators, network-equipment manufacturers, and enterprises worldwide.
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