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Microcap & Penny Stocks : PixTech (PIXT) Field Emission Displays -- Ignore unavailable to you. Want to Upgrade?

To: greg nus who wrote (127)	4/29/1998 9:50:00 AM
From: Joe Griffin	Read Replies (2) \| Respond to of 213

PixTech, Inc. Addresses Hambrecht & Quist's 26th Annual Technology Conference HAMBRECHT & QUIST TECHNOLOGY '98 CONFERENCE, SAN FRANCISCO, April 28 /PRNewswire/ -- Jean-Luc Grand-Clement, Chairman & CEO of PixTech, Inc.(Nasdaq: PIXT; Easdaq) presented yesterday at the Hambrecht & Quist Annual Technology Conference. In his presentation, Mr. Grand-Clement gave an overview of the Company, its growth strategy and target markets. Below are some key points of the presentation. PixTech, Inc., based in Santa Clara, CA and Rousset, France, is an advanced flat-panel display company dedicated to commercializing its high-quality FED technology. The company has employed a unique cooperative strategy to rapidly advance FED technology toward high-volume manufacturing and wide market acceptance. FEDs are expected to be the most cost-effective ''thin'' alternative to traditional ''thick'' cathode ray tube (CRT) displays and today's ''thin'' liquid crystal display (LCD) technologies. They also offer a variety of advantages including high viewing quality, low power consumption, wide temperature tolerance, and ease of manufacturing. PixTech's current focus is on achieving high-volume manufacturing. Initial manufacturing took place at its pilot plant in Montpellier, France, FED manufacturing will move to the next level at Unipac, the company's manufacturing partner, located in Taiwan. The Company expects to produce its first displays at Unipac by mid-1998. PixTech has identified a number of key market opportunities among the myriad applications for display technologies. The market can be divided between ''portable'' displays, i.e. those less than 8 inches diagonal, and larger displays such as computer monitors, televisions and ''jumbo'' screens. FED technology is expected to address the needs of both market segments. PixTech is currently focusing efforts on OEM applications requiring displays 8 inches and less in diameter in targeted markets including: * Medical instrumentation: Portable, durable, bright displays for medical professionals in the field. * Industrial instrumentation and measurement: Both portable and stationary displays. PixTech is also focusing on displays under 8 inches for use in large markets such as automobile dashboards, airline passenger entertainment, and palmtop computers. Finally, PixTech is currently adapting FED technology to accommodate large displays targeting the consumer and computer markets, which represent the bulk of the long-term market opportunity. The company expects to produce its first prototype 15 inch monitor in 1998. SOURCE: PixTech, Inc.