Universal Display Corporation, enabling energy-efficient displays and lighting with its UniversalPHOLED technology and materials, announced that the company has been added to the NASDAQ Clean Edge Green Energy Index. The company’s addition to the index became effective on Monday, March 22, 2010.

The addition to the NASDAQ Clean Edge Green Energy Index highlights Universal Display’s role in developing and providing energy-efficient UniversalPHOLED technology and high quality, state-of-the-art UniversalPHOLED materials to developers and manufacturers of OLED displays and lighting products.

Displays and lighting panels made with UniversalPHOLED technology and materials have the potential to be up to four times more energy efficient than other OLEDs and, thus, consume less power. UniversalPHOLED technology and materials are also eco-friendly and provide numerous environmental benefits.

Today, a variety of smart phones and other portable electronics contain OLED displays using UniversalPHOLED technology and materials. UniversalPHOLED technology and materials are also enabling the continued advances in white OLED performance reported by the company through the U.S. Department of Energy Solid State Lighting initiative and by a number of its partners around the world.