Planar Advance To Provide Improved Commander's Display in Abrams Tank; Announces Contract with Computing Devices Canada.BEAVERTON, Ore.--(BUSINESS WIRE)--Sept. 9, 1998--Planar Advance, the federal display products business unit of Planar Systems Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :PLNR), today announced a contract to supply its electroluminescent See electroluminescence and EL display. flat panel displays to Computing Devices Canada Ltd., a General Dynamics Company, for use in the second generation Forward Looking Infrared
A forward looking infrared (FLIR) is the North American English term for a camera that takes pictures using the infrared portion of the electromagnetic spectrum. (FLIR) display in the Abrams tank. This new thin film electroluminescent (TFEL) FLIR display is much higher resolution than the current display, approximately 170 lines per inch Lines per inch (LPI) is a measurement of printing resolution in systems that use a halftone screen. Specifically, it is a measure of how close together the lines in a halftone grid are. Higher LPI indicates greater detail and sharpness. in a 16 x 9 aspect ratio, providing the tank commander a much wider field of view. Planar's TFEL display assemblies (display glass plus electronic drivers) were developed for the Army's M1A2 Abrams tank, under the System Enhancement Project (SEP 1. SEP - Someone Else's Problem. 2. (tool) SEP - A SASD tool from IDE. ), to replace a smaller CRT (1) (C RunTime) See runtime library. (2) (Cathode Ray Tube) A vacuum tube used as a display screen in a computer monitor or TV. The viewing end of the tube is coated with phosphors, which emit light when struck by electrons. used currently. The initial shipment, beginning in September 1998, will be for 122 displays with an option for 120 more. The Army expects to upgrade 1,079 of its M1A2 tanks to the SEP configuration. M1A2tanks are also used by the US Marine Corps, the National Guard, and several foreign nations. "We believe the Planar TFEL product sets a new standard for displaying FLIR sensor data," said Al Herman, vice president and general manager of Planar Advance. "We are pleased that its performance has enabled us to participate in the upgrade project for the Army's M1A2 tank." The Planar TFEL technology has proven to be the most reliable display for the severe environmental requirements for vetronics (vehicle electronics), field tactical systems, surface and subsurface navy installations, and fixed and rotary winged aircraft. There are over 30,000 Planar TFEL displays in military operations throughout the world, including the Abrams tanks which currently have Planar TFEL displays in the driver's and gunner's positions. Planar Advance Inc., the federal displays division of Planar Systems Inc., began designing, developing, and manufacturing high-performance displays in 1980 and is currently the largest supplier of qualified display modules for military cockpits in the world. Planar Systems Inc. is a worldwide leader in the development, manufacture, and marketing of high performance commercial flat-panel display components, CRTs and flat panel based display products for federal markets, and display systems for specialized applications. The primary market sectors that Planar serves today are medical, industrial, instrumentation, defense, communications, transportation, and business/office. The Company has operations in both the United States and Europe. For more information, visit Planar's website at www.planar.com. Established in 1948 and employing over 1,200 people, Computing Devices Canada is Canada's premier defense electronics company, and a leading supplier of both EL and AMLCD integrated flat panel display products to militaries around the world. CDC See Control Data, century date change and Back Orifice. CDC - Control Data Corporation is a wholly-owned subsidiary of General Dynamics of Falls Church, Virginia Falls Church is an independent city in Virginia, United States. The population was 10,377 at the 2000 census. This city is a part of the Washington Metropolitan Area. A much larger number of people reside in Greater Falls Church . General Dynamics (NYSE NYSE See: New York Stock Exchange :GD) supplies sophisticated defense systems to the United States and its allies. The company employs more than 31,000 people and has annualized annualized Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared. sales of approximately $5 billion. "Safe Harbor" Statement Under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: The Statements which are not historical facts contained in this release are forward looking statements that involve risks and uncertainties, including but not limited to, product demand and market acceptance risk, the effect of economic conditions, the impact of competitive products and pricing, product development, commercialization and technological difficulties, capacity and supply constraints or difficulties, the results of financing efforts, actual purchases under agreements, the effects of the Company's accounting policies, and other risks detailed in the Company's Securities and Exchange Commission filings. Planar and the Definition of Quality are registered trademarks of Planar Systems Inc.
CONTACT: Planar Advance Inc.
Richard Groppi, 503/614-4114
rich_groppi@planar.com
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