Video Display Corporation Acquires Interest In Vision Technologies, Inc.
VTI, VDC Display Systems and Aydin Displays, Inc are all currently under separate contracts to supply display systems and camera systems to several Domestic and International Naval Programs. These systems are being utilized for Destroyers, Frigates and Aircraft Carriers and others. The companies currently are heavily supporting the Canadian Navy Halifax Frigate Upgrade Program (HCM) and the US Navy Aegis Modernization Program (AMOD) with their respective display and camera technologies.
About Video Display
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 and AMLCD displays as well as complete projection systems utilizing VDC's Marquee(TM) line of projectors. Video Display Corporation operates eight display design and manufacturing plants plus additional 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 for the year ended February 28, 2010, 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.
CONTACT: Video Display Corporation Ronald D. Ordway 770-938-2080
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