e2v and VDC Agreement to Improve Service Levels for North American Firefighters.ATLANTA -- Video Display Corporation (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 :VIDE vi·de v. Abbr. v. See. Used to direct a reader's attention. [Latin vid  , sing. ) today announces its acquisition of all Pevicon assets and business of e2v Technologies Limited of Chelmsford, England. The business is intended to be integrated into VDC's existing infra-red (IR) Teltron Technologies facilities in Birdsboro, Pennsylvania Birdsboro is a borough in Berks County, Pennsylvania, eight miles (13 km) southeast of Reading. In the past, Birdsboro was noted for its large foundries and machine shops, all of which are no longer in operation. . Under the terms of the Agreement, Video Display Corporation will purchase all inventories of raw materials and surplus finished product as well as all required production equipment and Intellectual Property Data Packages relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the Pevicon camera tube manufacturing business. In accordance with the Agreement, VDC's Teltron Technologies division will supply e2v Technologies, for no less than three years, with all Pevicon camera tubes required by e2v technologies to satisfy its after sale support activities worldwide. Additionally e2v has appointed VDC VDC Volts Direct Current VDC Venture Development Corporation VDC Vehicle Dynamic Control VDC Village Development Committee (Nepal) VDC Virtual Data Center VdC Verband der Cigarettenindustrie as an authorized North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. service and repair center for its Argus (R) (P4438) and P4428USN Pevicon tubed Thermal Imaging Camera range, which will give North American users of these cameras access to an in-territory support facility. Following the sale of its Pevicon camera tube manufacturing business, e2v Technologies will continue to develop its range of solid state sensor equipped thermal imaging cameras for supply to firefighters worldwide which will continue to be marketed under the Argus(R)2 and Argus(R)3 brands. About e2v Technologies e2v Technologies is a specialist supplier of RF, microwave and sensing component and sub-systems with a leading position within many of the niche markets which it operates in. e2v's range of high-power electronic tubes typically constitute the enabling technology behind a diverse range of applications from the transmission of TV signals to life saving cancer radiotherapy machines. Its sensor technology capabilities are wide ranging, as it supplies image sensors for space mission instruments, such as the Hubble Space Telescope Hubble Space Telescope (HST), the first large optical orbiting observatory. Built from 1978 to 1990 at a cost of $1.5 billion, the HST (named for astronomer E. P. Hubble) was expected to provide the clearest view yet obtained of the universe. , and fire fighters around the world use e2v's Argus(R) thermal imaging cameras for critical support in saving lives. e2v has two manufacturing sites in the UK and employs approximately 1300 people with direct sales offices in the UK, USA, France and Germany. About Video Display Corporation 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 United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. 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. |
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