News-Spot | Business News | Dec 16, 2011

German Federal President Awards Novaled’s Founders Team for the Deutscher Zukunftspreis 2011

Novaled AG, a leading company in OLED and organic electronics technology and materials, is pleased to announce that three of Novaled’s founders have been rewarded with the prize “Deutscher Zukunftspreis 2011” for Innovation and Technology by the Federal President Christian Wulff.

The team of Prof. Karl Leo (Technical University of Dresden and Fraunhofer IPMS Dresden), Dr. Jan Blochwitz-Nimoth (Novaled AG) and Dr. Martin Pfeiffer (now Heliatek GmbH) received in Berlin the Deutscher Zukunftspreis – the German federal president’s prize for Innovations in Science and Technology. This annual prize honours creative teams of people realizing breakthrough achievements in science and the subsequent industrial exploitation of these new scientific results. “I am very glad that this team won the award”, said German Federal President Wulff. “…the topic of this team is particularly promising because it really can make happen the energy turnaround (towards green energy).”

„We are very happy about this precious award which is an honor and great recognition of the work of the Novaled team and our partners”, says Dr. Blochwitz-Nimoth, Chief Scientific Officer of Novaled. “At the same time the award is motivating us, to make our vision become reality to significantly improve our life in the 21st century with the help of organic electronics.”

The winners team made remarkable developments in the field of Organic Electronics. At the Technical University Dresden they developed unique OLED technologies able to radically reduce the energy consumption of an OLED product. These technologies find their application in new generations of flat panel display, low power lighting and efficient and flexible solar cells.

Karl, Jan, and Martin are at the origin of a strong Organic Electronics cluster in Saxony; especially with the creation of Novaled AG and Heliatek GmbH (a producer of organic solar cell products).

The spin-off Novaled has meanwhile successfully commercialised its OLED technologies and materials. Both are used for mass production and can be found in products like new generation flat panel displays (e.g. mobile phone displays) and in energy efficient OLED lightings and Organic Solar Cells.

About Novaled:
Novaled AG is a world leader in the OLED (Organic Light Emitting Diode) field and specializes in high efficiency long lifetime OLED structures and is an expert in organic electronics. The company is known for its Novaled PIN OLED® technology, its proprietary OLED materials and the customized OLED products and services. Novaled has developed long term partnerships with major OLED producers throughout the world. Based on more than 500 patents granted or pending, Novaled has a strong IP position in the field of OLED technology. Since 2003 the spin off of Technical University (IAPP) and Fraunhofer (IPMS) Dresden is active in the market. Novaled has some 120 staff worldwide with headquarters in Dresden and offices in Korea and Japan. The company was named No. 1 in a list of ‘up and coming’ world market leaders by the German newspapers Handelsblatt and Wirtschaftswoche. Its main investors include eCAPITAL, Crédit Agricole Private Equity, TechnoStart, TechFund and CDC Innovation. For further details please visit www.novaled.com.

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