[March 29, 2012]

Novaled AG appoints new Chairman of its Supervisory Board

At their March 28, 2012 annual meeting, the shareholders of Novaled AG, a leader in the research, development and commercialization of technologies and materials that enhance the performance of OLEDs and other organic electronics, elected Dr. Wolfgang Ziebart as Chairman of Novaled's Supervisory Board. Ziebart succeeds Thilo von Selchow, who had completed his term as Chairman of the Supervisory Board.

In addition, Ernest E. Maddock was elected as a new member of Novaled's Supervisory Board and appointed as Head of the Supervisory Board's Audit Committee. Dr. Jan Blochwitz-Nimoth, co-founder of Novaled, resigned from the Supervisory Board but will continue to serve as Novaled's Chief Scientific Officer.

Ziebart and Maddock will hold their respective positions for terms of 3 years, effective March 28, 2012.

Ziebart is currently a member of the Automotive Advisory Board, AUPEO GmbH, and the supervisory boards of several other companies. From 2009 to 2010, he was the CEO of Artega Automobil GmbH & Co. KG, and from 2004 to 2008, he was the CEO of Infineon AG. Prior to this, he was a membr of the Boards of Directors of Continental AG and BMW AG.

Maddock has been with Lam Research for 14 years. He has served as the Company's Chief Accounting Officer since 2009 and prior to that was Senior Vice President and CFO at Lam Research. Maddock also heads and oversees information technology for Silfex, a division of Lam Research. From 2003 to 2008, he was Senior Vice President of Global Operations and prior to that was Director of Global Sales Finance at Lam Research.

Gildas Sorin, CEO of Novaled, said: "We are delighted that Dr. Wolfgang Ziebart and Ernest Maddock will join Novaled's Supervisory Board at a time when we are taking the next steps forward for Novaled. Ziebart's long-standing experience in managing publicly traded companies and Maddock's extensive industry experience will help us to further develop Novaled's business. We would also like to thank Thilo von Selchow for his commitment and consistently successful work in supporting Novaled's development."

About Novaled

Novaled AG is a leader in the research, development and commercialization of technologies and materials that enhance the performance of OLEDs (organic light-emitting diodes) and other organic electronics. Novaled offers OLED product manufacturers a unique combination of proprietary technology, materials and expertise, and is currently the only company licensing and selling organic conductivity doping technology and materials for use in the commercial mass production of display products in the OLED industry. Novaled has developed strategic partnerships with key OLED innovators and producers throughout the world and, with a broad portfolio of more than 500 patents granted or pending, has a strong IP position in OLED technologies, structures and materials. Commercially active since 2003, Novaled was founded in 2001 as a spin-off of the Technical University and the Fraunhofer (News - Alert) Institute of Dresden. Novaled is headquartered in Dresden with sales offices in Korea and Japan. For more information, please visit www.novaled.com.

About OLEDs

OLEDs (organic light-emitting diodes) are solid-state devices composed of multiple thin layers of organic materials often only a few nanometers thick that emit diffuse light when electricity is applied to them. Because they are an area light source, OLEDs are a key part of fulfilling the dream of the rapidly growing flat panel display market: paper-thin, highly- efficient displays with brilliant colors and excellent design flexibility. OLEDs may also lead to new lighting products that combine color and shape to create innovative decorative lighting applications and personalized environments. In addition, OLED lighting products have the potential to offer greater cost and energy savings than current lighting technologies.

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