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Aydin Displays, Inc. Awarded U.S. Navy Contract.

Business Editors

ATLANTA--(BUSINESS WIRE)--March 23, 2004

Video Display Corporation (NASDAQ: VIDE) announces that its Aydin Displays, Inc. subsidiary has been awarded a significant contract by the United States Navy to upgrade 20.1" flat panel displays and to provide new displays for use on the Navy's Smartship Program. Aydin Displays is a leading provider of rugged flat panel displays to the U.S. Navy for use on board ships and aircraft.

At the dawn of the 21st Century, the U.S. Navy's Smartship Program answers the challenges of reducing manpower while increasing efficiency and safety. Installation and integration of the latest technologies provides the fleet with automatic digital control and status monitoring for its vital operational systems. Key to the Smartship program are the rugged flat panel displays designed and manufactured by Aydin, headquartered in Birdsboro, PA.

The improved displays will replace older Aydin displays used for bridge navigation and status as part of the Navigation Sensor System Interface (NAVSSI) program. The new dual-mode displays can provide both traditional NAVSSI capability as well as interface with the new Integrated Bridge System (IBS) to provide real-time graphical ship's position, electronic charts, and hazards to navigation. In addition to meeting every technical specification provided by the Navy, Aydin also exceeded the expectations of Navy program managers through aggressive cost-reduction and leveraging of manufacturing efficiencies. Aydin is an ISO 9002:2000 certified company.

Currently, the U.S. Navy intends to upgrade over 250 Aydin displays already installed on combatant and support ships. In the next few years, all U.S. Navy ships will have Aydin's upgraded 20.1" displays. Pending orders are for over 300 new displays. The total potential value for upgraded and new displays on this multi-year program exceeds $6M.

About Video Display Corporation:

Video Display Corporation designs, develops and manufactures unique solutions for display requirements for military, medical and industrial use with particular emphasis on high end training and simulation applications. Its product offerings include ruggedized CRT and AMLCD monitor displays for specialty high performance as well as complete projection systems utilizing VDC's Marquee line of video projectors. Video Display Corporation is a publicly held Company (NASDAQ:VIDE) headquartered in Tucker, Georgia with 11 manufacturing and eight sales facilities in 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.
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Publication:Business Wire
Geographic Code:1USA
Date:Mar 23, 2004
Words:497
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