USDC Unveils Agenda for 10th Annual New York Display Industry Investment Conference

The U.S. Display Consortium (USDC), a public/private partnership chartered with developing the flat panel display (FPD) industry infrastructure, will host its tenth annual Display Industry Investment Conference on March 15, 2005 in New York, N.Y. Co-sponsored by Needham & Company, Inc., the conference aims to educate and provide updates to investment firms, research houses, brokerages and related financial institutions on the latest business trends, advancements and opportunities of one of the hottest sectors within the electronic industry -- FPDs.

According to market research firm DisplaySearch, the display market grew more than 40 percent in 2004 with more than $60 billion in revenues, and is expected to become a $63 billion industry in 2005.

"Now in its tenth year, USDC's Display Industry Investment Conference continues to draw significant interest among the investment community, as evidenced by the growing attendance each year. As more FPD technology-related companies go public or seek private funding, there is a heightened need to educate conference attendees on the latest trends and outlook for this industry," noted Michael Ciesinski, president of USDC.

dpiX LLC and Perkin-Elmer Corp. will co-chair a panel session on digital imaging and its applications to medical, security, explosive detection and non-destructive testing markets. Industry data will be presented by DisplaySearch, Insight Media and Weinstock Media Analysis. Companies already confirmed to present their business strategies include: Applied Films (NASDAQ:AFCO - News), Barco (Euronext:BAR), Brillian Corporation (NASDAQ:BRLC - News), Daktronix Inc. (NASDAQ:DAKT - News), eMagin Corp. (AMEX:EMA - News), Genesis Microchip Inc. (NASDAQ:GNSS - News), InFocus Corporation (NASDAQ:INFS - News), Orbotech Ltd. (NASDAQ:ORBK - News), Photon Dynamics, Inc. (NASDAQ:PHTN - News), Planar Systems Inc. (NASDAQ:PLNR - News), Southwall Technologies Inc. (OTCBB:SWTX - News), Three-Five Systems, Inc. (NYSE:TFS - News), Universal Display Corporation (NASDAQ:PANL - News) and White Electronics Designs Corp. (NASDAQ:WEDC - News).

"The display industry continues to generate considerable interest among investors, given the proliferation of FPDs in all kinds of electronic devices," stated Jim Ricchiuti, analyst at Needham & Company. "Declining LCD panel prices have fueled demand for LCD TVs and desktop monitors over the past year. Together with the rapid growth of portable display devices, including new, feature-rich cell phones, as well as large-screen projection systems in the home entertainment market, we believe the display market is poised for rapid growth over the next several years."

The Display Industry Investment Conference will be held at the Roosevelt Hotel in New York, N.Y. on March 15, from 8:00 a.m. to 5:00 p.m. To register for the conference or view a detailed conference agenda, please visit www.usdc.org. Although space is limited, companies interested in presenting at the conference should contact Heidi Hoffman at 408-277-2400, or via e-mail at heidi@usdc.org

About the U.S. Display Consortium

The USDC is an industry-led public/private partnership providing a common forum and cooperative R&D structure for flat panel display manufacturers and developers, FPD users and the supplier base. Headquartered in San Jose, Calif., the consortium's primary mission is to fund display manufacturing supply-chain R&D 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 can be found at www.usdc.org

About Needham & Company, Inc.

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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Contact:
USDC
Heidi Hoffman, (408) 277-2400
heidi@usdc.org
or
MCA
Stacey Voorhees, (650) 968-8900 x108
svoorhees@mcapr.com



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Source: U.S. Display Consortium

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