Aydin Displays Receives Airborne Displays Contract Valued in Excess of $2M
14 Juni 2010 - 4:19PM
Video Display Corporation (Nasdaq:VIDE), an internationally
recognized leader in design and manufacture of specialty niche
market and rugged displays for commercial, industrial and military
requirements, announced that its Aydin Displays, Inc. subsidiary
has received a contract valued in excess of $2 Million for 24"
Airborne Displays. This award was received from a major OEM
supplier of military systems. Shipment under the contract is
scheduled to begin in the third quarter of 2010. The expected
completion date is prior to the end of the Company's fiscal
year. The receipt of an additional follow on order, comparable in
value to the initial $2+ Million, is anticipated within the next 30
to 60 days.
Aydin's 24" Airborne Display was designed specifically to
perform in a military airborne environment and has passed all of
the required military certifications including temperature, EMI,
airborne vibration, altitude and rapid decompression. The
display also includes state of the art electronics for advanced
signal processing, touch screen capabilities and optical
enhancements, including Aydin's proprietary optical bonding.
"Aydin has a reputation for providing military displays that can
withstand harsh environments in both naval and ground mobile
applications," commented Art Mengel, President of Aydin
Displays. "This award now validates Aydin's reputation in
airborne applications as well. We are proud to have been selected
as the exclusive supplier for this project and believe that it will
result in additional airborne opportunities for Aydin Displays in
the near future."
About Aydin Displays
As a Video Display's subsidiary, Aydin Displays, Inc., is a
leading provider in display manufacturing technology, servicing the
industrial, military and air traffic control industries. Aydin
offers a variety of industrial displays, rugged Military/COTS Flat
Panel Displays, Military Panel PC Workstations, and Air Traffic
Control Displays ranging in size from 6.4" to 57" and available in
numerous mounting options. Many of its products comply with shock,
vibration and EMI Military standards and can be customized to
include options such as integrated touch screens. Aydin's
unsurpassed commitment to quality creates unique solutions for
their customers. For more information, visit Aydin's web site at
www.aydindisplays.com.
About Video Display Corporation Video Display
Corporation designs, develops and manufactures unique solutions for
display requirements for military, medical and industrial uses with
emphasis on high-end training and simulation applications. Its
product offerings include ruggedized LCOS, DLP LED, CRT and AMLCD
displays as well as complete projection display systems utilizing
VDC Display Systems Marquee(TM) and ESCP line of projectors. Video
Display Corporation operates eight sales, design and manufacturing
facilities throughout the United States and Europe. For more
information, visit the Company's web site at
www.videodisplay.com.
This document contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended.
In addition, from time to time, Video Display Corporation or its
representatives have made or may make forward-looking statements,
orally or in writing. Such forward-looking statements may be
included in, but are not limited to, various filings made by the
Company with the Securities and Exchange Commission, press releases
or oral statements made with the approval of an authorized
executive officer of the Company. Actual results could differ
materially from those projected or suggested in any forward-looking
statements as a result of a wide variety of factors and conditions,
including items discussed in the Company's Form 10-K for the year
ended February 28, 2009, filed with the Securities and Exchange
Commission. The Company undertakes no duty to publicly update
forward-looking statements, whether as a result of new information,
future events or otherwise.
CONTACT: Video Display Corporation
Ronald D. Ordway
770-938-2080
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