Plextronics Wins Technical Development Materials Award from IDTechEx at the 2008 Printed Electronics USA Conference

PITTSBURGH, Dec. 12 /PRNewswire/ — Plextronics, Inc. — an international
technology company that specializes in printed solar, lighting and other
organic electronics — was awarded the 2008 Technical Development Materials
Award by IDTechEx. The company was presented with the honor at the Printed
Electronics 2008 Awards dinner in San Jose on December 3.

A panel of judges, which was comprised of an independent international
advisory board, was charged with finding the most impressive material
development in all of printed electronics during the last 12 months.
Plextronics’ launch of its Plexcore(R) PV 1000 and Plexcore(R) PV 2000 ink
systems for use in research-scale printed solar cell development was chosen as
the winner.

Andy Hannah, President and CEO of Plextronics, said, “We are very proud of
this new ink system — it enables our customers access to the materials and
technology that can help them consistently achieve state-of-the-art OPV
efficiencies, potentially nearing world-record champion results.”

Developed around Plextronics’ organic photovoltaic technology — which was
certified by NREL earlier this year at 5.98 percent efficient — next
generations of the Plexcore(R) PV ink systems will be designed for use in
pilot and early manufacturing lines, further advancing commercial production
on an industry-wide level.

Raghu Das, CEO of IDTechEx, had this to say about the Plextronics win:
“The materials developed by Plextronics are clearly world-class and are
helping the industry as a whole to accelerate OPV development efforts,” he
said. “The company is at the forefront of organic material development, and is
consistently building on its core strengths of materials and process
technology. I expect we’ll continue to see this kind of innovation from
Plextronics.”

Hannah also added, “To have our efforts recognized by IDTechEx is
extremely gratifying for us. This is an exciting day for our company and, most
importantly, for all of our employees whose hard work, ideas and dedication
are responsible for creating award-winning products.”

About Plextronics, Inc.

Plextronics, Inc. is an international technology company that specializes
in printed solar, lighting and other organic electronics. Headquartered in
Pittsburgh, PA., the company’s focus is on organic solar cell and organic
light emitting diodes (OLED), specifically the conductive inks and process
technologies that enable those and other similar applications.

With a company vision of enabling 15 billion printed electronic devices by
2015, Plextronics is creating technology capable of commercial-scale
manufacturability and performance. The company’s device design, process
technology and Plexcore(R) branded inks enable the formation of active
electrical layers — the key drivers of printed electronics.

The privately held company was founded in 2002 as a spinout from Carnegie
Mellon University, based upon conductive polymer technology developed by Dr.
Richard McCullough. Over the past six years, Plextronics scientists have
refined and further developed this technology to deliver exceptional
performance for printed electronics.

Specific to Plexcore(R) PV — It is a ready-to-use ink system that
consistently delivers world-class performance for printed solar power. The ink
system consists of a p/n photoactive ink and a custom-designed hole transport
ink that are solution-processable.

In printed solar cells, sunlight is collected in the photoactive layer to
create charge carriers. When voltage is applied to the device, these carriers
are separated into positive and negative charges that create power. The
combination of the Plexcore(R) PV inks in a printed solar cell enables
consistently improved device efficiency, which results in the ability to
convert more sunlight into power.

For more information about Plextronics, visit http://www.plextronics.com.

[Via http://www.prnewswire.com]

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