Aydin Displays Makes First Shipment for the U.S. Navy CDS Program
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ATLANTA--(Business Wire)-- Video Display Corporation (NASDAQ:VIDE) announces that its Aydin Displays Inc. subsidiary has made its first delivery of FAU`s (First Article Units) for the U.S. Navy CDS Program. Under its award of one of the largest Naval displays program granted in several years, Aydin Displays has succeeded in delivering the FAU`s nearly 2 months ahead of the Navy`s schedule. Art Mengel, president of Aydin Displays Inc., stated, "This significant accomplishment is a milestone achievement representing an important part of Aydin's future." Mengel further stated, "With the qualification phases of these units now in progress, full production will commence soon on significant orders currently booked and awaiting production release. The CDS displays are specifically designed to meet the stringent shock, vibration, EMI, and temperature requirements of the U.S. Navy while providing superior visual performance under all conditions." Aydin Displays Inc. was awarded the multiple-year contract to supply the U.S. Navy with 24-inch rugged flat panel monitors for the Common Displays System (CDS) Program. The contract will provide Aydin displays for the Navy`s CDS consoles in support of the DDG and Aegis Modernization. CDS is a family of displays that will be implemented across platform systems on Navy surface ships, submarines, and aircraft. CDS is designed to meet open architecture and open business model requirements with minimized lifecycle costs that will ensure its interoperability and the ability to handle frequent updates of the latest technology. The CDS product family consists of a series of display configurations based on standardized interchangeable components. The CDS displays also provide a robust capability to meet the Navy`s current and future needs for open systems, security features and cost effectiveness. CDS systems have an intended service life of 30 years. 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, 2008, 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. Video Display Corporation, Atlanta Ronald D. Ordway, 770-938-2080 Copyright Business Wire 2009
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