Universal Display Corporation (Nasdaq: OLED), enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, congratulates Dr. Mark Thompson, Professor of Chemistry and Chemical Engineering and Materials Science at USC Dornsife College of Letters, Arts and Sciences and Scientific Advisory Board member of Universal Display Corporation (UDC), on his induction into the National Academy of Engineering (NAE). Professor Thompson became a member of the NAE on October 4, 2020 at the Academy’s virtual annual meeting.
The National Academy of Engineering cited Professor Thompson for his “development of highly efficient electrophosphorescent materials for organic light emitting devices used in displays and lighting worldwide.” Professor Thompson was one of 86 new members and 18 international members named to the Academy, one of the highest professional honors in the engineering profession. According to the NAE, Academy membership honors those who have made outstanding contributions to “engineering research, practice, or education, including, where appropriate, significant contributions to the engineering literature” and to “the pioneering of new and developing fields of technology, making major advancements in traditional fields of engineering, or developing/implementing innovative approaches to engineering education.” Members are elected to NAE membership by their peers (current NAE members) and the election is the culmination of a yearlong process.
“We would like to congratulate Mark on this well-deserved recognition and prestigious honor,” said Steven V. Abramson, President and Chief Executive Officer. “As one of the founding fathers of phosphorescent technology, Mark’s fundamental contributions have been truly significant in enabling the OLED industry. UDC’s long-standing relationship with Professor Thompson dates back to 1994 and we look forward to continuing our collaborative work to further enable the adoption of bright, beautiful, brilliant OLED technology around the world.”
About Universal Display Corporation
Universal Display Corporation (Nasdaq: OLED) is a leader in the research, development and commercialization of organic light emitting diode (OLED) technologies and materials for use in display and solid-state lighting applications. Founded in 1994, the Company currently owns, exclusively licenses or has the sole right to sublicense more than 5,000 patents issued and pending worldwide. Universal Display licenses its proprietary technologies, including its breakthrough high-efficiency UniversalPHOLED phosphorescent OLED technology that can enable the development of low power and eco-friendly displays and solid-state lighting. The Company also develops and offers high-quality, state-of-the-art UniversalPHOLED materials that are recognized as key ingredients in the fabrication of OLEDs with peak performance. In addition, Universal Display delivers innovative and customized solutions to its clients and partners through technology transfer, collaborative technology development and on-site training.
Headquartered in Ewing, New Jersey, with international offices in China, Hong Kong, Ireland, Japan, South Korea and Taiwan, and wholly-owned subsidiary Adesis, Inc. based in New Castle, Delaware, Universal Display works and partners with a network of world-class organizations. To learn more about Universal Display Corporation, please visit https://oled.com/.
Universal Display Corporation and the Universal Display Corporation logo are trademarks or registered trademarks of Universal Display Corporation. All other company, brand or product names may be trademarks or registered trademarks.
All statements in this document that are not historical, such as those relating to the impact of the COVID-19 pandemic on the Company and otherwise, the Company’s technologies and potential applications of those technologies, the Company’s expected results and future declaration of dividends, as well as the growth of the OLED market and the Company’s opportunities in that market, are forward-looking financial statements within the meaning of the Private Securities Litigation Reform Act of 1995. You are cautioned not to place undue reliance on any forward-looking statements in this document, as they reflect Universal Display Corporation’s current views with respect to future events and are subject to risks and uncertainties that could cause actual results to differ materially from those contemplated. These risks and uncertainties are discussed in greater detail in Universal Display Corporation’s periodic reports on Form 10-K and Form 10-Q filed with the Securities and Exchange Commission, including, in particular, the sections entitled “Risk Factors” in Universal Display Corporation’s Annual Report on Form 10-K for the year ended December 31, 2019 and subsequent Quarterly Reports on Form 10-Q. Universal Display Corporation disclaims any obligation to update any forward-looking statement contained in this document.
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