Jones Lang LaSalle


Universal Display Corporation Inc.
375 Phillips Boulevard,
Ewing 08618; 609-671-0980; fax, 609-671-0995.
Steven Abramson, president.
Home page: www.universaldisplay.com

Universal Display Corporation will showcase its new, 40,000 square-foot research laboratory at an invitation-only open house on Monday, May 22, 11:30 a.m. to 1:30 p.m.. Congressman Rush Holt is scheduled to speak on how Universal Display has led the revitalization of `Einstein Alley,' the high tech research corridor for Central New Jersey.

Universal Display is a pioneer in organic light emitting diode (OLED) technology that was incubated at Princeton University. OLEDs (naturally existing chemicals that glow when electrically charged) could revolutionize displays on TVs, cell phones, and even buildings. Consumer products using OLEDs are scheduled to debut in 2006.

The company's revenues doubled for the first quarter of this year, compared to last, thanks to a contract with a major display manufacturer. It owns or has exclusive license rights in approximately 725 issued and pending patents.