10-05/06 :: May/June 2010
The Organic LED Bath Bar is just one example of WAC Lighting‘s many custom OLED capabilities. The fixture was designed and engineered with three panels fea- turing NOVALED Organic LEDs, the world’s most revolutionary nanotechnology light source. The transparent OLED panels provide a warm Natural White light, with a color temperature close to 3000 Kelvin. The energy efficient Orga- nic LEDs have a potential life up to 20,000 hours. In the off posi- tion, the OLEDs are 65 percent transparent. Exceptionally thin at just 1.7 millimeters, each Organic LED panel distributes quality, unifor- med glare-free light with a solid color rendering (CRI 92). The Organic LED Bath Bar is crafted of die cast aluminum and finished in Chrome. It is 26.5 in- ches wide and five inches tall, with a depth of three inches. The transparent OLED panels are designed with a 365-degree rotation to accent a wall or table- top surface.
“Our NOVALED Bath Bar prototype has created substantial excitement regarding the many design possibilities of new OLED technology,” explains Shelley Wang, President of WAC Lighting. “Demons- trating our company‘s vast custom capabilities, the Bath Bar‘s extremely thin and transparent adjustable Organic LED panels have captured the imagination of many architects, lighting planners and designers who visited us at LightFair International.”
Furthermore, Novaled demonstrates white top- emitting devices with a lifetime exceeding 50,000
h and a power efficiency of 30 lm/W at an initial luminance of 1,000 cd/m2
. This long lifetime
translates into continuous device operation for more than 5 years. By using Novaled’s proprietary doping technology, the device reaches a high power efficiency of 30 lm/W measured in an integrating sphere. Broad emission spectrum and good CIE color coordinates (0.46/0.42) were achieved in the devices, which is close to illuminant A and inside the US Department of Energy (DOE) quadrangles.
erlikon has successfully completed its CHF1,000 million rights offering. Of the 123,628,003
new shares initially offered to existing sharehol- ders other than the main shareholder Renova, 123,107,166 were subscribed and paid for in cash, representing a take-up ratio of approximately 99.6 %. Assuming the financial restructuring had already been completed by then, the implied consolidated net debt position of Oerlikon as of March 31, 2010, on an adjusted basis, would have amounted to approximately CHF561 million. On the same basis, the ratio of consolidated total equity to total assets as of March 31, 2010 would have amounted to ap- proximately 38.0%, compared to an actual ratio of reported consolidated total equity to total assets of approximately 10% as at March 31, 2010. The final size of the new credit facilities will amount to appro- ximately CHF1,476 million, split into Facility A with CHF435 million, Facility B with CHF572 million and