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Idemitsu and Sony to Jointly Develop Materials for OLED.

PR Newswire Europe, November, 2005

TOKYO, Japan, November 29 /PRNewswire/ --

- Agreement Reached for Mutual Use of Each Company's OLED-Related Patents

TOKYO, Japan, November 29 /PRNewswire/ --

Idemitsu Kosan Co., Ltd. Sony Corporation Idemitsu Kosan Co., Ltd. (hereafter Idemitsu) and Sony Corporation (hereafter Sony) have signed a Memorandum Of Understanding (MOU) on November 28, 2005 to jointly develop new superior Organic Light-Emitting Diode (hereafter OLED) luminous materials. And to promote the joint development, they have agreed to the mutual use of each company's OLED-related patents, i.e. material patents and component patents. The formal contract is expected to be signed at the end of January 2006.

OLED is a self-luminous display, which emits light by...

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