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Singapore collaboration agreement will develop organic light emitting diodes

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Arrowhead Research Corporation announced that its majority-owned subsidiary, Unidym, has entered into a collaborative agreement with the Institute of Materials Research and Engineering ("IMRE") in Singapore to develop organic light emitting diodes ("OLEDs") incorporating transparent electrodes made of carbon nanotubes.

Arrowhead Research Corporation announced that its majority-owned subsidiary, Unidym, has entered into a collaborative agreement with the Institute of Materials Research and Engineering ("IMRE") in Singapore to develop organic light emitting diodes ("OLEDs") incorporating transparent electrodes made of carbon nanotubes.

Under the terms of the agreement, Unidym will provide IMRE researchers with access to its proprietary, carbon nanotube-based, transparent electrodes which IMRE will incorporate into its OLED devices.

An OLED is a thin-film, light-emitting device generally comprised of organic layers between two electrodes on a glass or flexible substrate. OLEDs are primarily used for display and lighting applications. They offer bright, colourful images with a wide viewing angle and low power consumption. According to iSuppli Corp., the market for OLEDs was $408 million in 2004 and is expected to reach $2.9 billion by 2011.

Carbon nanotube-based transparent electrodes have the potential to improve the performance of OLEDs while also reducing their production costs.

"We are pleased that Unidym has entered this collaboration with such a distinguished institution," said R. Bruce Stewart, Chairman of Arrowhead Research. "We will continue to look for strategic partners to integrate Unidym's transparent electrodes into optoelectronic systems."

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