Long-lived exciplex emission is observed in blend films of poly[9,9-dioctylfluorene-co-N-(4-methoxy-phenyl)diphenylamine] (TFMO) and the soluble silole derivative 2,5-bis-(2,2-bipyridin-6-yl)-1,1-dimethyl-3,4-diphenylsilacyclopentadiene (PyPySPyPy). The exciplex is characterized by a long-lived (approximately 40-90 ns) component in both the photoluminescence and electroluminescence spectra, which is red-shifted relative to the emission of the pristine materials. In addition to exciplex emission, delayed fluorescence from the TFMO singlet state is observed and is attributed to exciton regeneration through the interfacial exciplex state. Comparing blend films made using chlorobenzene and p-xylene solvents, we find that exciplex lifetime and exciton regeneration in the blend film are sensitive to the choice of solvent and the resulting morphology of the blend film. The exciplex emissive lifetime can be correlated to changes in photoluminescence quenching and efficiency of light-emitting diodes.