USDC HOSTS EIGHTH ANNUAL
DISPLAY INDUSTRY INVESTORS CONFERENCE
Investment Interest Fueled by Display Industry's Continued
Growth
-The U.S. Display Consortium (USDC), a public/private partnership chartered with developing the flat panel display (FPD) industry infrastructure, today announced it will host its eighth annual Display Industry Investors Conference on Tuesday, March 18, in New York, N.Y. Co-sponsored by Needham & Co., the conference will feature presentations by senior executives from leading publicly traded companies within the display sector. Specifically, the conference will educate participants from prominent investment firms, brokerages, research houses and related financial institutions on the latest advancements, trends and business strategies associated with one of today's fastest growing technology sectors.
The investment community continues to embrace the display space, as it is one of the fastest growing sectors in the electronics industry. This market's continued strong growth record over the last few years is attributed to the shift from cathode ray tubes (CRTs) to flat panel displays (FPDs), along with increased demand for display-centric business and consumer electronics products. According to market research firm, DisplaySearch, the overall FPD industry experienced an impressive 31 percent increase in revenue growth in 2002 over the previous year*.
"FPDs are ubiquitous within our everyday lives, and can be found in products ranging from home computing, televisions and kitchen appliances to digital cameras, PDAs and cell phones, " noted Michael Ciesinski, president of the USDC. "But this technology's market potential doesn't stop there, as the market is extending its reach into new and exciting applications, including automotive infotainment, avionics instrumentation, home networking and theaters, and medical equipment. When compared to the negative growth patterns experienced within other technology sectors, it's clear why display technology-based companies have emerged as ideal investment candidates. With this background, the investors forum is designed to provide participants with the information they need to invest smartly and capitalize on the FPD's burgeoning market growth."
This year's conference will feature more than 20 speakers, including senior executives from Applied Films Corporation; Corning Inc.; iFire Technology Inc.; InFocus Corporation; Microvision, Inc.; Photon Dynamics, Inc.; Pixel Works, Planar Systems, Inc.; Southwall Technologies, Inc.; Three-Five Systems, Inc.; and Universal Display Corporation. In addition, iSuppli/Stanford Resources will be presenting an analysis and forecast of the $35-billion FPD Market.
New to the conference will be short tutorials that will explain important aspects of the FPD industry. The tutorials include:
1) "Steady Growth: LCDs for non-PC markets" - Presented by NEC
2) "The FPD Glass Market: a $1Billion + Opportunity" - Presented by Corning
3) "Emerging Displays-Is there a Rival to the LCD?" - Presented by USDC
USDC will also be presenting a three-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 the FPD industry.
The conference returns to the Grand Hyatt Hotel in New York City on Monday - 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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