The "Display-Centric World"
Is The Focus of Keynote Address At Display Industry Investors Conference
New Speakers Also Added to USDC Conference Agenda
The U.S. Display Consortium (USDC), a public/private partnership chartered with developing the flat panel display (FPD) industry infrastructure, today announced that Matt Medeiros, former CEO of Philips Components, will present the keynote address at the USDC's eighth annual Display Industry Investors Conference on Tuesday, March 18, in New York, N.Y. Medeiros' presentation-"Wake Up! It IS a Display-centric World!"- will provide insights into the display-centric world we live in and its future. In addition, the keynote will explain what it will take for FPD manufacturers to succeed in this new ecosystem, as well as highlight trends that are becoming increasingly common in the sector.
A seasoned Silicon Valley visionary with more than two decades of experience in the high-tech sector, Medeiros most recently served as chairman of the board for LG.Philips LCD, the liquid crystal display (LCD) joint venture between Philips Electronics and LG Electronics, and also as president and chief executive officer of Philips Components, a division of Royal Philips Electronics. In three short years LG.Philips LCD has blossomed from what initially started as a $1.6 billion dollar venture into the world's largest manufacturer of LCDs, with a market capitalization topping $12 billion. In his pivotal role at Philips Components, he is credited with raising the visibility of Philips Components in the consumer electronics, mobile communications, automotive infotainment and PC peripherals spaces by leveraging the division's strong portfolio in displays, storage and connectivity. According to media reports, Medeiros' entrepreneurial spirit, business acumen and charismatic leadership have been instrumental in bringing many of tomorrow's advanced digital solutions to the marketplace
Co-sponsored by Needham & Co., a leading investment bank, the conference will also feature short tutorials explaining important aspects of the FPD industry. The tutorials include:
In addition, senior executives from Applied Films Corporation; Cambridge Display Technology; Corning Inc.; iFire Technology Inc.; InFocus Corporation; Genesis Microchip; Microvision, Inc.; Orbotech Ltd.; Photon Dynamics, Inc.; Pixelworks, Inc.; Planar Systems, Inc.; Southwall Technologies, Inc.; Three-Five Systems, Inc.; and Universal Display Corporation will also present, educating participants from prominent investment firms, brokerages, research houses and related financial institutions on the latest advancements, trends and business strategies associated with the display industry. iSuppli/Stanford Resources will present an analysis and forecast of the $35-billion FPD market during the lunch break.
Commenting on the FPD industry, Jim Ricchiuti, principal of Needham & Co., noted, "While 2002 was a difficult year for most, if not all stocks in the FPD food chain, Wall Street has reset estimates to lower, more reasonable levels. So the stage could be set for some of these stocks to move higher as investors gain more confidence in the ability of companies to meet and possibly exceed estimates as we go through the year."
USDC will also be presenting a two-hour FPD technology and investment tutorial on March 17, 2003. The tutorial is geared to research analysts and other investment industry professionals who are seeking an in-depth understanding of FPD technologies, applications and companies driving the market.
The conference returns to the Grand Hyatt Hotel in New York City on Monday and Tuesday, March 17-18, 2003. More information on the conference agenda, site and registration process can be found at www.usdc.org Companies interested in presenting at the conference should contact Dianne Eidson at 408-277-2400 or dianne@usdc.org
The USDC sponsors summits throughout the year to gain industry consensus on impediments to the deployment of new display technologies, and to identify critical supply chain projects that can speed product development and implementation.
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
Needham & Company, Inc. is a privately held, full-service investment bank headquartered in New York City, specializing in technology and biotechnology/life sciences, with offices also in Boston, Menlo Park and San Francisco. In addition to investment banking, Needham services include institutional sales and trading, asset management and venture capital. Needham & Company, Inc. also produces comprehensive equity investment research on more than 350 technology and life sciences companies and regular studies on specific niche sectors within these industries. For more information, please see www.needhamco.com.
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