Global OLED Technology LLC (GOT) and OLEDWorks Sign Patent License Agreement

ROCHESTER, N.Y., Dec. 2, 2011 /PRNewswire/ -- OLEDWorks LLC announced today that Global OLED Technology LLC (GOT) and OLEDWorks LLC have signed a patent license agreement.  Under the terms of the royalty-bearing license, OLEDWorks is granted the right to use certain GOT patents in connection for the production of OLED lighting-related products.

Michael Boroson, CTO of OLEDWorks, states, "We are very pleased to have access to this important patent portfolio.  We believe that the technology developed at Kodak and now owned by GOT offers a superior approach for OLED lighting." 

Global OLED Technology LLC continues to fully invest in, develop and license intellectual property that originated with Eastman Kodak Company. 

OLEDWorks LLC is a Rochester NY based company established in 2010 for production of OLED lighting panels.

About OLEDWorks - OLEDWorks LLC was founded in July of 2010 with a mission to develop and manufacture the world's best OLED lighting. The OLEDWorks team is comprised of pioneers and inventors in the OLED field.  Each individual has broad experience of process and product development in OLED technology.  OLEDWorks' team members average more than 10 years of OLED experience. For more information, please visit www.oledworks.com.

SOURCE OLEDWorks