USDC Inaugurates Display Industry CEO Forum

Industry Executives to Discuss Customer Requirements
and Future Trends 

SAN JOSE, CA, January 31, 2002 - The U.S. Display Consortium (USDC) announced today the first CEO Forum for the flat panel display industry. The forum will be held on February 13, 2002 at the DoubleTree Hotel Guest Suites in Phoenix, Arizona. USDC will host more than 50 CEOs and senior managers at a forum providing high-level interaction to address challenges facing the display industry and the means to capitalize on emerging opportunities.

"The display industry has been through a tremendous transformation in the past few years, as product demand has moved beyond portable PCs to many new applications. While these changes have identified some roadblocks for the industry, it is vital to focus on the new avenues of opportunity that are being created," said Michael Ciesinski, President and CEO of USDC. "USDC intends to create a forum where the industry's decision makers can come together to dialogue, build their knowledge base, and agree on the directions needed to develop our industry to its full potential."

The audience of senior executives will hear from several leading organizations within the display industry. Presentations include:

• The Customers' Expectations & Requirements from Displays & Electronics Providers
  Robert Akins, Manager, Display Design Center, Motorola Corporation

• Defense Electronics
  John Pellegrino, Ph.D., Director, Sensors and Electron Devices Directorate, U.S. Army Research Laboratory

• Panel Session: Equity Market Outlook for Technology Companies
  Ido Stern, Executive Director, CIBC World Markets
  Jim Ricchiuti, Vice President, Needham and Company

• Venture Capital's View of Successful Funding Strategies
  Steve Ciesinski, Partner, Earlybird

• Wireless Products
  Kenn Walker, Director, Philips Electronics

• Strategy and Future Requirements from Partners
  Candace Petersen, Ph.D., Vice President Product and Services, InFocus Corporation

• Panel Session: Outlook for 2002
  Jack Saltich, President & CEO, Three-Five Systems, Inc.Tom Edman, President & CEO, Applied Films Corporation Greg Sheppard, Vice President, iSuppli Corporation

All of the companies participating in the forum play a role in the $25B flat panel display market that, according to market research firm Stanford Resources, Inc., will grow to $70B by 2005. PCs, cellular telephones, digital cameras and personal digital assistants (PDAs) are important and viable display markets. New applications driven by consumers' desire for enhanced communications devices will include includes e-books, information kiosks, home theaters and new forms of electronic signage.

For more information, please contact:
US Display Consortium
Heidi Hoffman
84 W. Santa Clara Street, Ste. 790
San Jose, CA 95113
(408) 993-8111
heidi@usdc.org

About the U.S. Display Consortium
The U.S. Display Consortium is an industry-led public/private partnership providing a common platform for flat panel display and flexible microelectronics manufacturers and developers, FPD users, and the supplier base. Headquartered in San Jose, Calif., the consortium’s primary mission is to fund supply-chain projects and share the results with USDC member companies. The USDC also provides a communication channel among industry, government and the financial communities for display issues; sponsors workshops to broaden the impact of technological developments; and educates consumers on the importance of displays in providing access to information technology. More information about the USDC can be found at www.usdc.org