VIDE VDC Display Systems Receives Additional Orders from L-3 Communications Business Editors/High-Tech Writers CAPE CANAVERAL, Fla.--(BUSINESS WIRE)--May 7, 2003--VDC Display Systems, a division of Video Display Corporation (NASDAQ:VIDE), reports that firm booked order backlog has reached record levels after being awarded $1.6 million dollars in additional orders from L-3 Communications' (NYSE:LLL) Link Simulation and Training division for visual display systems and accessories for the Navy F/A-18 and Air Force F-16 full-mission trainers for delivery over the next 12 months. The trainers provide for a typical range of training maneuvers - from formation flight, air refueling, weapons delivery, air-to-air and air-to-ground combat, emergency procedures, and take-off landings. VDC Display Systems provides its customized, visual-display solutions to the military and industrial training, command and control, design centers and 3-D virtual reality markets, and to the custom home theater market. Its custom products include the industry's highest rated, ruggedized visual display system that is used for all mission-critical shipboard applications on Navy carriers, Aegis class cruisers and destroyers. VDC Display Systems is a wholly owned division of Video Display Corporation, a leading supplier of a complete range of display products and components for the display industry. Its product line consists of a wide variety of electron optic parts for OEM cathode ray tube and monitor manufacturers; monochrome and color CRTs for medical, military, industrial and television applications; CRT and AMLCD monitor displays for specialty high performance instrumentation and ruggedized requirements; CRT projection display systems for military, industrial and consumer markets and a complete array of replacement parts for the consumer electronics industry. For more information, visit the Company's web site at videodisplay.com. Link Simulation and Training is a systems integration organization that delivers and supports training systems and equipment designed to enhance operational proficiency. Link's full range of services include conducting front-end analysis, program design, course development and production, interactive distance learning, simulator design and production, training implementation, training evaluation, training management and field support. Link has its headquarters operation in Arlington, TX and other major bases of operation in Binghamton, NY, Orlando, FL, Broken Arrow, OK, and Phoenix, AZ. This press release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such statements are based on management's current expectations and are subject to a number of factors and uncertainties which could cause actual results to differ materially from those described herein. --30--LK/at* CONTACT: Video Display Corporation, Atlanta Ronald D. Ordway, 770/938-2080 KEYWORD: TEXAS GEORGIA FLORIDA INDUSTRY KEYWORD: NETWORKING HARDWARE COMPUTERS/ELECTRONICS PRODUCT SOURCE: Video Display Corporation Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com *** end of story *** |