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Technology Stocks : SI Diamond Technology (SIDT)

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To: barb loucks who wrote (19)9/27/1996 9:25:00 PM
From: barb loucks   of 623
 
Actually SIDT's prototype uses a diamond field emission lamp for large area digitized billboards. Here is the press release.

AUSTIN, Texas--(BUSINESS WIRE)--Sept. 9, 1996-- SI Diamond Technology Inc announced today the completion of its first scaleable proof-of-concept prototype for large area digitized billboards utilizing its proprietary diamond field emission lamp technology (DFEL).

The device is a 16-pixel structure that is matrix addressable in a time frame corresponding to that of the final product. The final billboard product is expected to include 320 by 240 color pixels
operating at video rate.

"This represents a major milestone in the validation and viability of the diamond field emission technology," said Dr. Zvi Yaniv, SIDT's president and COO, "and is an important step toward demonstrating a high resolution large area color video display. We are in the lifetime testing phase of our lamps and we know they currently last several hundred hours with luminance of up to 10,000 fL. We are working on verifiable proof of a 10,000 hour lifetime capability."

The current demonstration model, completed a month ahead of schedule, is in operation at SIDT's Austin facility.

Austin-based SI Diamond is an innovative developer of thin-film diamond technology with potential for a variety of applications including flat panel displays and high luminance lamps. Through its
Plasmatron subsidiary, the company also develops and installs industrial coating systems. SIDT's Diamond Tech One subsidiary provides advanced packaging, assembly, and prototyping services
for electronic components and systems. SI Diamond trades on NASDAQ under the symbol
"SIDT."

CONTACT: SI Diamond Technology, Inc.
Trey Fecteau, 512/250-2709
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