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Lumiotec signed a new OLED technology license agreement with Universal Display - and will integrate UDC's technology and materials into their OLED lighting products. Lumiotec will pay license fees and running royalties to UDC, and the term of the agreement runs through December 31, 2015.

Lumiotec OLED lampsLumiotec OLED lamps

Lumiotec says that they will start delivering sample panels next month (February 2012) - mainly 145x145 mm square panels - with warm white color and 40 lm/W efficiency. The company will start mass production these panels by April. Lumiotec also says that they are developing high-efficient natural white panels - and these will be released sometime during 2012.