Life in the Fast Lane: Universal Display Corp.

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Contracts Awarded

Expansions

Deaths

Corrections or additions?

These articles were prepared for the November 29, 2000 edition of

U.S. 1 Newspaper. All rights reserved.

Life in the Fast Lane: Universal Display Corp.

If one Princeton technology company — GeePS.com — is

helping wireless

devices deliver advertisements, another is totally revolutionizing

the wireless device itself. Last week at a meeting in London,

Universal

Display Corporation announced new developments in its flat panel

displays

with Organic Light Emitting Device (OED) technology.

The company, which was incubated at Princeton University and also

has research from the University of Southern California, develops

and makes flat panel displays using the technique of organic

light-emitting

diodes (OLEDs).

According to Michael S. Weaver, UDC’s senior scientist, UDC can mass

produce high-resolution, full-color display panels that use less

power.

Soon OLEDs could replace cathode ray tubes and liquid crystal displays

in the $40 billion annual electronic display market (U.S. 1, February

25, 1998).

UDC can put these display panels on flexible, differently shaped

devices

at a relatively inexpensive cost. “OLEDs are beginning to enter

the market place as a competitive display technology,” says

Weaver.

They will have bright colors, wide viewing angle, and can deliver

full motion video.

On November 1 UDC gave stock to PPG Industries in exchange for PPG’s

agreement to develop and produce proprietary chemicals that OLED

manufacturers

need. Last month, also in exchange for stock, UDC bought the rights

to the OLED patent portfolio of Motorola and now has the exclusive

license to 103 US patents associated with OLED technology, plus it

has 50 patents pending in the United States and others world wide.

UDL trades as PANL on the Nasdaq National Market. It has 11,000 square

feet at Phillips Boulevard, including a pilot production line and

more than 2,500 square feet of clean room space.

Universal Display Corporation Inc. (PANL), 375Phillips Boulevard, Ewing 08618. Steven Abramson, president.609-671-0980;fax, 609-671-0995. www.universaldisplay.comTop Of PageContracts AwardedAriel Corporation (ADSP), 2540 Route 130, Suite128, Cranbury 08512-3507. Jay H. Atlas, president. 609-860-2900; fax,609-860-1155. www.ariel.comAriel recently added Ira Fuchs, vice president for informationtechnologyat the Andrew Mellon Foundation, to its board. Its SS7-enabled BypaSS7network access system has been selected by MegaWorld for a nationalInternet backbone access service. The firm does engineering,development,and manufacturing of digital signal processors.In MegaWorld’s co-location facilities, the Ariel system will be usedfor wholesale managed dial-up 56K and Basic Rate ISDN ports toInternetService Providers and Competitive Local Exchange Carriers. The $6million contract calls for Ariel to sell 33,600 network access ports(50 DS3s) over the next two years.Nassau Broadcasting Partners LP (NBCR), 619 AlexanderRoad, Box 1350, Princeton 08540. Louis F. Mercatanti Jr., CEO.609-419-0300;fax, 609-419-0143. www.nbplp.comNassau Radio Network has an exclusive five-year contract with thePort Authority Trans-Hudson Corp. (PATH) to provide headline news,financial reports, weather, sports, traffic, advertisers’ messages,and PATH service updates to more than 67.3 million commuters annually(www.NassauVision.com). It will partner with www.iSyndicate Inc.,which has infrastructure and application solutions, to provide thisservice (www.isyndicate.com).UCCnet, 1009 Lenox Drive, Suite 115, Lawrenceville08648. Paul Benchener, president/COO. 609-620-4600; fax, 609-620-4601.Home page: www.uccnet.org.On November 14 UCCnet took a major step toward synchronizing thecatalogsof global companies. It helped to launch an international standardssystem, EAN.UCCC, which has interoperability with systems in Austria,the Netherlands, Germany, Switzerland, Australia, and Canada —all connecting with UCCnet Global Registry. This will letinternationalbusiness-to-business trading partners communicate with synchronizeddata according to the same standards.This Internet-based universal trading community is a wholly-ownedsubsidiary of Uniform Code Council Inc. (July 19, 2000).Top Of PageExpansionsHopewell Valley Community Bank, 4 Route 31, Box999, Pennington 08534. James Hyman, CEO. 609-466-2900; fax,609-730-9144.www.hucbonline.comOn Friday, December 1, less than two years after it opened, the bankwill pay a 10 percent stock dividend to shareholders of record asof November 15. Its first monthly profit was in August.Top Of PageDeathsBetty Redfield , 59, on November 14. She was a seniorsecretaryat Covance in the Carnegie Center. She was also a romance fictionwriter, and had been published in three consecutive U.S. 1 SummerFiction issues. Her last submission was a tale of a hostage crisisat a commuter train station (U.S. 1, July 26, 2000).Rosemary Nicol Ricco , 60, on November 22. She had beenan executive secretary with ETS.Lynne J. Cushman , 60, on November 25. She had been a managingdirector at Berlitz.Max Gershon Frankel , 79, on November 26. He had been directorof graduate studies in mental retardation at Kean College and taughtat the College of New Jersey.Corrections or additions?This page is published by PrincetonInfo.com— the web site for U.S. 1 Newspaper in Princeton, New Jersey.

CE – US1

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