SI Diamond Technology Names Display Industry Pioneer, Zvi Yaniv, Executive Vice President and Chief Operating Officer: Yaniv Founder of OIS and Father of Leading Display Technology, To Direct SIDT Operations and Strategy.AUSTIN, Texas--(BUSINESS WIRE)--June 6, 1996--Dr. Zvi Yaniv, a pioneer in the development of the US Display industry and one of the nation's most respected technologists and display entrepreneurs, has been named executive vice president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of SI Diamond Technology, Inc. (Nasdaq: SIDT SIDT Solomon Islands Development Trust SIDT Store Interrupt Descriptor Table SIDT Support Initiatives in Development Trust (India) ). Dr. Yaniv was the founder of OIS Noun 1. OIS - agency that oversees the intelligence relationships of the Treasury's offices and bureaus and provides a link between the Intelligence Community and officials responsible for international economic policy Office of Intelligence Support Optical Imaging Systems, Inc., the premiere US supplier of flat panel color liquid crystal displays. Yaniv served as president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of OIS from 1987 to 1992, leading the company during its years of development and commercialization of advanced displays and sensors. OIS, a publicly traded company publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. , is the largest U.S. manufacturer of active matrix liquid crystal displays, with a current market capitalization Market Capitalization A measure of a public company's size. Market capitalization is the total dollar value of all outstanding shares. It's calculated by multiplying the number of shares times the current market price. This term is often referred to as market cap. of approximately $380 million. "Zvi Yaniv adds a new dimension to SIDT in operational and technical excellence," according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Dr. Howard K. Schmidt, SIDT chairman and CEO. "Zvi is a uniquely qualified and talented individual, recognized as an international leader in flat panel display A thin display screen for computer and TV usage. The first flat panels appeared on laptop computers in the mid-1980s, and the LCD technology became the standard. Stand-alone LCD screens became available for desktop computers in the mid-1990s and exceeded sales of CRTs for the first time and electronics technology, and he will make an important contribution to executing SIDT's vision and adding value for our shareholders." "I am very excited about this opportunity," says Yaniv. "I believe that field emission displays are the display technology of the future, and that the technology and talent at SI Diamond positions us to be the leader in the next generation of this critical technology. I believe I have developed a set of organizational, technical, and management skills that are well suited to the business challenges facing SIDT, and I look forward to working with Dr. Schmidt, SIDT's vice chairman Mark Eller, and the rest of the SIDT team as we address the tremendous opportunity." Prior to joining SIDT, Dr. Yaniv was president and founder of Advanced Technology Incubator, Inc., a technology consulting company focused on bringing novel ideas and concepts to market through the creation of new ventures. In that capacity, he also was a founder of Kent Display Systems, Inc., which focuses on commercialization of reflective liquid crystal displays. Dr. Yaniv is an internationally recognized authority in electro-optics, liquid crystal technology, and amorphous semiconductors, and holds more than sixty patents in displays and electronics. He is generally regarded as the father of the diode active matrix liquid crystal display, one of the leading display technologies in commercial production today. About SIDT Austin-based SI Diamond is an innovative developer of thin-film diamond technology with potential for a variety of applications including flat panel displays and high luminance The amount of brightness, measured in lumens, that is given off by a pixel or area on a screen. For example, dark red and bright red would have the same chrominance, but a different luminance. lamps. Through its Plasmatron subsidiary, the company also develops and installs industrial coating systems. SIDT's Diamond Tech One subsidiary provides advanced packaging, assembly, and prototyping services for electronic components and systems. SI Diamond trades on Nasdaq under the symbol "SIDT." CONTACT: SI Diamond Technology, Inc. Trey Fecteau, 713/529-9040 |
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