Dave Savastano11.20.14
Universal Display announced it ranked 140th on Deloitte’s Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. In its 10th year ranking as a Technology Fast 500 award winner, and seventh year consecutively, Universal Display grew 829% from 2009 through 2013.
Steven V. Abramson, Universal Display’s president and CEO , credits the growing OLED display market and the expanding product portfolios of the company’s customer base with their 829% revenue growth.
“Universal Display is supporting customers who are introducing a range of innovative, new products, and we believe that there are myriad of opportunities for growth in this early stage of the OLED market,” Abramson said. “We will continue to advance the development and commercialization of our high performance, highly energy-efficient PHOLED technology and materials for a range of current and emerging display and lighting applications. Our OLED technologies are a key source for innovation, and the foundation for building shareholder value.”
Universal Display previously ranked 170th as a Technology Fast 500 award winner for 2013. Overall, 2014 Technology Fast 500™ companies achieved revenue growth ranging from 135% to 123,678% from 2009 to 2013, with an average growth of 1,640%.
Steven V. Abramson, Universal Display’s president and CEO , credits the growing OLED display market and the expanding product portfolios of the company’s customer base with their 829% revenue growth.
“Universal Display is supporting customers who are introducing a range of innovative, new products, and we believe that there are myriad of opportunities for growth in this early stage of the OLED market,” Abramson said. “We will continue to advance the development and commercialization of our high performance, highly energy-efficient PHOLED technology and materials for a range of current and emerging display and lighting applications. Our OLED technologies are a key source for innovation, and the foundation for building shareholder value.”
Universal Display previously ranked 170th as a Technology Fast 500 award winner for 2013. Overall, 2014 Technology Fast 500™ companies achieved revenue growth ranging from 135% to 123,678% from 2009 to 2013, with an average growth of 1,640%.