VDC's Aydin Displays Chosen for New Aircraft.ATLANTA -- Video Display Corporation (NASDAQ-NMS:VIDE vi·de v. Abbr. v. See. Used to direct a reader's attention. [Latin vid  , sing. ) announces that its Aydin Displays, Inc. subsidiary has been selected by BAE Systems BAE SystemsBritish manufacturer of aircraft, missiles, avionics, naval vessels, and other aerospace and defense products. BAE Systems was formed (1999) from the merger of British Aerospace (BAe) with Marconi Electronic Systems. in Greenlawn, NY to supply rugged 24" 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 monitors for use in all the Mission Tactical Display Consoles on the new P8A Multi-Mission Maritime Aircraft (MMA (Microcomputer Managers Association, Inc.) A membership organization with chapters throughout the U.S. that was devoted to educating personnel responsible for personal computers. It disbanded in 1996. Mma - A fast Mathematica-like system, in Allegro CL by R. Fateman, 1991. ). The Aydin Displays 24" Rugged Flat Panel Display was selected by BAE Systems for its severe ruggedization characteristics while being extremely light weight for airborne applications. Its superior high-resolution (1920 H x 1200 V) display performance includes Aydin's new flicker compensation technology used for displaying waterfall images used in sonar applications. Aydin's new flicker compensation technology allows the user to select a specific predefined viewing window on the display to apply flicker compensation, thus allowing the user to run both rapidly-changing video without smear and sonar images at the same time. The initial $2.6M contract calls for Aydin to supply displays for seven prototype (P8A) MMA aircraft for testing. Follow-on contracts to supply the expected orders for an additional 108 planes are anticipated. This does not include foreign military sales That portion of United States security assistance authorized by the Foreign Assistance Act of 1961, as amended, and the Arms Export Control Act of 1976, as amended. This assistance differs from the Military Assistance Program and the International Military Education and Training Program . Typically, foreign military, which currently use the P3C aircraft for anti-submarine warfare, are expected to upgrade to the newly designed P8A aircraft in the future. Ultimately, the US Navy's expected requirement for 108 planes is to take place over the next several years. Each P8A aircraft will be equipped with five or six of BAE's Mission Tactical Display Consoles located over the aircraft's wing. Each console will feature two Aydin 24" wide-screen, multifunction displays which equates to 10 to 12 displays per aircraft. One of the two displays in each console is designed to include a SAW (Surface Acoustic Wave A surface acoustic wave (SAW) is an acoustic wave traveling along the surface of a material having some elasticity, with an amplitude that typically decays exponentially with the depth of the substrate. ) touch screen. "This represents a significant award for Aydin," stated Ron Ordway, 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 Video Display Corporation. "The program is one of the most prestigious display programs of this type to be awarded in several years. For Aydin to have been selected by BAE Systems shows the level of confidence the Navy has in the performance, quality, and longevity of Aydin's products. Aydin Displays' monitors will be an integral part of this next generation aircraft used for anti-submarine warfare, reconnaissance and intelligent gathering." Video Display Corporation designs, develops and manufactures unique solutions for display requirements for military, medical and industrial use, with emphasis on high-end training and simulation applications. Its product offerings include ruggedized 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. and AMLCD (Active Matrix LCD) See active matrix. displays as well as complete projection systems utilizing VDC's Marquee(TM) line of projectors. Video Display Corporation operates 11 display design and manufacturing plants plus eight sales facilities throughout the United States and Europe. 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 Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended February 28, 2005, 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. |
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