Apr 04, 2002 Phoenix, AZ
White Electronic Designs Corporation (NASDAQ: WEDC) announced today that its Display Products Division has received a $1.1 million order for optically enhanced and environmentally ruggedized displays using Super Bright Low Reflection (SBLR(TM)) technology.
The displays will be used in avionics applications such as Control Display Units (CDUs) for cockpit instrumentation in commercial business jets and air transport planes where the ambient light precludes the use of conventional flat panel displays.
"This order reflects the growing demand for avionics displays that are capable of managing ambient light in a way that guarantees image clarity and resolution in broad daylight. Our patented SBLR(TM) technology represents the leading edge of Display Enhancement Technology and it is fast becoming the standard by which other enhancement technologies are judged." Stated Hamid Shokrgozar, Chairman and CEO of White.
White Electronic Designs Corporation supplies the wired and wireless communications industry with semiconductor products that support network systems, switches, base stations, and other hardware platforms. The Company designs and manufactures innovative solutions for three high technology sectors in military and commercial markets; high-density memory products and multi-chip modules for data communications and telecommunications providers; ruggedized high-legibility flat panel display for commercial/military aircraft and ordnance delivery systems; interface storage and retrieval devices, and electromechanical assemblies for OEM's in commercial and military markets. White is headquartered in Phoenix, Arizona, and has design and manufacturing centers in Arizona, Massachusetts, Indiana, and Oregon. To learn more about White Electronic Designs Corporation's business, as well as employment opportunities, visit our website, http://www.whiteedc.com. To learn more about White Electronic Designs' subsidiary Panelview Incorporated, visit its website at http://www.Panelview.com.
This news release may contain forward-looking statements usually containing the words "believe", "expect" or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act. Future results of operations, projections, and expectations, which may relate to this release, involve certain risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, the factors detailed in the Company's Annual Report on Form 10-K and in the Company's other Securities and Exchange Commission filings.
