Entries were judged on a variety of criteria

Squires said there is a frenzied pace of amazing discoveries in light-related applications. However, it was clear new work would be limited in commercial application by raw material costs. Access to high quality, affordable quantum dots emerged as the key ingredient for a number of these exciting developments. When coupled with high-throughput, inexpensive manufacturing such as screen printing, we believe wide market penetration is inevitable.

The University of Arizona pioneering technology makes significant improvements over prior art. Organic LED / OLED based displays now have the potential to be manufactured using very high volume, low cost roll-to-roll print processing on inexpensive substrates.In addition to the potential to deliver a significantly lower price point, this technology can also provide, higher definition, increased viewing angles, lower power consumption and reduced response time for an enhanced picture, all in a very thin, light weight, format. These characteristics enable display technologies to flourish in environments that have previously been uneconomical or simply not viable.

In winning the Red Dot award, Vierti was selected from over 3,000 entries from 49 countries in the product design category of the international Red Dot design competition. Entries were judged on a variety of criteria, including degree of innovation, functionality and ergonomics. In winning the category, Lutron joins other product design innovators like Apple, Sony, Mercedes-Benz and Aston Martin.The Red Dot design competition is one of the largest and most renowned design competitions in the world. Since 1955, it has been staged by The Design Zentrum Nordrhein Westfalen in Essen, Germany. Competition winners – including Vierti(TM) -- are displayed in the organization's Red Dot Design Museum, also located in Essen. With one of the world's largest permanent exhibitions of contemporary design, the museum attracts 120,000 visitors a year.