Video Display Corp Receives Follow-On Contract for Airborne Displays
ATLANTA, June 3, 2013 (GLOBE NEWSWIRE) -- Video Display Corporation
(Nasdaq:VIDE), an internationally recognized leader in design and manufacture
of specialty niche market and rugged displays for commercial, industrial and
military requirements, announced that its Aydin Displays, Inc. subsidiary has
received a follow-on production contract valued at approximately $3M for its
24" Airborne Display. This award was received from a leading Prime Contractor
of military systems and is a continuation of a long term production program
that is scheduled to last for several more years. Deliveries under this
contract are expected to begin in the third quarter of 2013 and continue
through the end of the year. An additional follow-on production order valued
in excess of another $3.5M is expected later this year under the program
expected to exceed a total of $30 million during its projected term.
Aydin's 24" Airborne Display was designed specifically to perform in a
military airborne environment. The display also includes state of the art
electronics for advanced signal processing, touch screen capabilities and
optical enhancements including Aydin's proprietary optical bonding.
"Aydin continues to supply high end displays to many major military programs.
This production contract for airborne displays validates Aydin's position in
the airborne community," said Art Mengel, Divisional President of Aydin
About Aydin Displays
Aydin Displays is a leading provider in display manufacturing technology,
servicing the industrial, military and air traffic control industries. Aydin
offers a variety of industrial displays, rugged Military/COTS Flat Panel
Displays, Military Panel PC Workstations, and Air Traffic Control Displays
ranging in size from 6.4" to 65" and available in numerous mounting options.
Many of its products comply with shock, vibration and EMI Military standards
and can be customized to include options such as integrated touch screens.
Aydin's unsurpassed commitment to quality creates unique solutions for their
customers. For more information, visit Aydin's web site at
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
for the year ended February 28, 2013, 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
CONTACT: Video Display Corporation, Atlanta
Ronald D. Ordway, CEO and Chairman
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