Investment Interest Increasing as Multiple Applications
Drive Consumer Demand
SAN JOSE, Calif., August 19, 2005¾The U.S. Display Consortium (USDC), a public/private partnership chartered with developing the flat panel display (FPD) industry infrastructure, today announced that it will host the second annual Display Technology and Supply Chain Investment Conference on Thursday, September 22, 2005, in San Francisco, Calif. Co-sponsored by the noted investment banking firm of WR Hambrecht + Co, the conference features presentations by senior executives from publicly traded and privately-held companies within the electronic display sector. The conference will also include exploration of technology and markets with keynotes and panel discussions highlighting investment opportunities for prominent investment firms, brokerages, venture capitalists, research houses and related financial institutions.
The liquid crystal displays (LCD) segment of the FPD industry grew to $65B in 2005 and is expected to reach $80B by 2008, according to Paul Semenza of iSuppli/Stanford Resources, a market research firm that will present at the conference. “The market is being driven by the expansion of applications for large size LCDs, such as PC monitors, notebook computers and TV, and by smaller applications, such as mobile phones and digital cameras,” he explained. Corning, the world’s leading producer of flat panel display glass and Photon Dynamics, a worldwide supplier of yield management solutions, will be among the companies addressing the LCD market during the USDC conference.
The FPD market’s strong growth record over the last few years has been based on an increasing demand for display-centric business and consumer electronics products in every major geographic market. This growth is being fueled by huge investments in technology, capital equipment and materials, primarily in Asia and is resulting in larger, more efficient fabrication facilities. Another variable is the demand for smaller displays, with some needs met by the emergence of a viable OLED industry (organic light emitting diode display).
This year’s conference will feature more than 20 speakers, including senior executives from Applied Films Corporation; Corning Inc., eMagin Corp.; Genesis Microchip; In Focus Corporation; Orbotech; Photon Dynamics; Trident Microsystems; and Zoran. The rapidly growing OLED display market will be examined by Kodak, Cambridge Display Technology, Vitex Systems and Universal Display Corp. Brillian and Spatialight are among the companies who will address the liquid crystal on silicon (LCOS) market, now gaining prominence as a key component in latest generation TV sets.
The USDC conference will be held at the Omni Hotel San Francisco on Thursday, September 22, 2005. Information on the conference agenda, site and registration process can be found at this page . Companies interested in presenting at the conference should contact Heidi Hoffman at 408-277-2400 or heidi@usdc.org.
Contact:
Heidi Hoffman
USDC
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
About WR Hambrecht + Co
WR Hambrecht + Co (www.wrhambrecht.com) is an investment bank committed to using technology and auction processes to provide open and fair access to financial markets for all its clients. The firm’s impartial Internet-based auctions, like OpenIPO®, allow the market to determine pricing and allocation and have dramatically changed the financial services landscape. WR Hambrecht + Co provides underwriting and advisory services for technology and emerging growth companies, as well as equity research, sales and trading, full-service and online brokerage and private equity offerings for institutions and individuals. WR Hambrecht + Co is headquartered in San Francisco with offices in Boston, Chicago, London, New York and Philadelphia. The firm has financial backing from industry leaders including American Century, Crimson Ventures, epartners, Fidelity Ventures, Instinet Corporation, Novell, Park Avenue Equity Capital Partners, LP, Scudder Kemper, Texas Pacific Group, and W Capital Partners.
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