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Plextronics Named One of the Fastest Growing Companies in Pittsburgh: Ranks #3 in Manufacturing, #14 in the City

Plextronics Media Contact:
Lori Lecker
Phone: 412-423-2030, ext. 111
E-mail: llecker@plextronics.com


Pittsburgh, PA, September 1, 2009 - At an awards ceremony last week hosted by the Pittsburgh Business Times, Plextronics, Inc. was named the third fastest-growing manufacturing company in Pittsburgh and the fourteenth-fastest-growing company citywide. The company's materials and inks, which are developed at its headquarters in Hamar, PA, enable the mass production of printed electronic devices, such as low-cost organic solar cells and high-efficiency lighting.

In an accompanying Pittsburgh Business Times article, Plextronics is credited with “staying calm” during tough economic times.  When asked about how the recession has changed the company’s strategy, Plextronics’ CEO Andy Hannah said, “We haven’t changed our growth strategy at all during the recession. For Plextronics, it’s about staying focused on the fundamentals of our business and making smart decisions about the future of our company. The recession has had little, if any, impact on our strategy.”

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® 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 seven years, Plextronics scientists have refined and further developed this technology to deliver exceptional performance for printed electronics.  For more information about Plextronics, visit www.plextronics.com.
                                                                                 

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