Novaled AG is awarded Red Herring Europe 100 Winner 2008 and announces financial results for 2007

Novaled, a major know how and service provider for highly
efficient long lifetime OLEDs, announces today that the company is
winner of Red Herring 100 Europe 2008, an award given to the top 100
private technology companies each year. At the same time Novaled
releases the last year´s results proving the enterprises rapid growth.

Red Herring´s lists of top private companies are an important part
of the publication´s tradition of identifying new and innovative
technology companies and entrepreneurs. Novaled has been awarded for
its rapid growth and its determining contribution to the organic
electronic. Novaled supports Europe´s increasing role as a major
center of innovation in the global technology sector.

Novaled reached 8.6 Mio. USD* revenue in 2007 showing an
impressive growth rate of 67% versus the previous year mainly achieved
through material sales and contracted research. With costs of 12.5
Mio. USD the according EBT of 2007 was -3.6 Mio USD.

"2007 results showed remarkable growth compared to the global
OLED-players", said Harry Boehme, CFO of Novaled. "The Red Herring
Award demonstrates that Novaled is rightly counted among the leading
technology companies".

* value EUR /$ on 31 Dec 07

About OLEDs

OLEDs (organic light-emitting diode) are semiconductors made of
thin organic material layers of only a few nanometers thickness. They
emit light in a diffuse way to form an area light source. In a fast
growing display market OLEDs are key part of a revolution: the dream
of paper-thin, highly efficient displays with brilliant colors and
great flexibility in design is becoming reality. OLEDs represent the
future of a vast array of completely new lighting applications. By
combining color with shape, organic LEDs will create a new way of
decorating and personalizing people´s surroundings with light. At the
same time OLEDs offer the potential to become even more efficient than
energy-saving bulbs.

About Novaled

Novaled AG is a world leading company in the OLED field
specialized in high efficiency long lifetime OLED structures and an
expert in synthetic and analytical chemistry. The company offers
complete solutions to the organic electronic markets, commercializing
its Novaled PIN OLED(TM) technology along with its proprietary OLED
materials.

Novaled has developed long term partnerships with major OLED
players worldwide. Based on more than 380 patents granted or pending

Novaled has a strong IP position in OLED technology.

Main investors are Credit Agricole Private Equity, TechnoStart

TechFund Capital Europe and CDC Innovation. For more details please
visit www.novaled.com