We fabricated red organic light emitting diodes(OLEDs) utilizing tis(8-hydroxyquinoline) aluminum $(Alq_3)$ doped with $5\%$ of (4-(dicyanomethylene)-2-i-propyl-6-(1,1,7,7-tetramethyljulolidyl-9-enyl)-4H-pyran) (DCJTI) and investigated the driving and modulation characteristics for applying to the electro-optical conversion device. To improve the driving characteristics of red OLEDs, 3 V of offset voltage, which is equal to the turn on voltage, Is applied to the device. Offset voltage enhanced the optical EL output and reduced the rise time of EL waveforms of red OLEDs, and hence the cutoff frequency is increased with increasing applied voltage. The optical pulse of 100 MHz has been obtained from red OLEDs. Therefore, we confirmed that the red OLEDs can be applied to the fields of optical communication as an electro-optical conversion device.