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To: CJacks who wrote (4712)6/17/1998 12:17:00 PM
From: TokyoMex  Read Replies (2) | Respond to of 8798
 
Founder and Chairman of the Board of Universal Display Corp. Finalist in the Ernst & Young LLP 1998 Greater Philadelphia Entrepreneur of the Year Award

BALA CYNWYD, Pa.--(BUSINESS WIRE)--June 17, 1998--Universal Display Corp. (UDC) (NASDAQ:PANL), a developer of flat panel display technology, announced Wednesday that Sherwin I. Seligsohn has been named as a finalist in the Emerging Growth category of the 1998 Ernst

Young LLP Entrepreneur of the Year.

Seligsohn is the founder, chairman of the board and chief executive officer of Universal Display Corp. He is one of three finalist in the Emerging Growth category.

"I was flattered by this recognition and honored to be a finalist for such a prestigious award," said Seligsohn. "I have spent my career creating value from the ground up and to be honored for my passion makes this recognition even more important to me.

"I believe our transformation technology will change the way we see information and since we are a visual society, it is going to help all of us to be more productive and competitive.

"When you work with the scientists we do, who were the Distinguished Inventors of the Year in 1998 recognized by the Intellectual Property Owners Association, it makes my job easier," stated Seligsohn.

The rapidly growing display market is currently estimated at $35 billion annually worldwide, comprised mostly of cathode ray tube (CRT) and liquid crystal display (LCD) technologies.

OLEDs are seen as a future replacement technology for CRTs and LCDs, due to their brightness, high resolution, energy efficiency and cost effectiveness. The company currently holds five patents and over 30 patents pending on its OLED technology.

UDC has had a strategic research partnership with Princeton University and the University of Southern California (USC) for the Organic Light Emitter Project since 1994.

Recently, the partnership was extended through 2002, the Universities became shareholders in UDC, and UDC committed to continue funding the Project for the next five years for applications such as flat panel displays, lasers and light generating devices. UDC is the exclusive licensee of all technology developed in the project.

UDC is a member of the United States Display Consortium (USDC) a cooperative industry/government effort aimed at developing an infrastructure to support a North American flat panel display (FPD) industry.

UDC is part of a team including Princeton, USC and Hughes Electronics which is working under a $3 million award from the U.S. Department of Defense Advanced Research Projects Agency (DARPA) for the continued development of ultra light-weight, full-color OLED flat panel display technology.

UDC and Princeton are also teaming on a Phase I STTR grant from the National Science Foundation and a grant from the New Jersey Commission on Science and Technology.

This news release contains statements of a forward-looking nature relating to the future financial performance of Universal Display Corp.

Investors are cautioned that such statements are only predictions and that actual events or results may differ materially.

In evaluating such statements, investors should specifically consider the various factors which could cause actual results to differ materially from those indicated by such forward-looking statements, including the matters set forth in the company's Annual Report for the year ended Dec. 31, 1997 on Form 10-K and the Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission and in the company's other reports and documents filed from time to time with the Securities and Exchange Commission.

All statements in this press release that are not historical are forward-looking statements.

Such statements are subject to risks and uncertainties that could cause actual results to differ materially for Universal Display from those projected, including, but not limited to, uncertainties relating to technological approaches, product development, manufacturing, and marketing acceptance, uncertainties related to cost and pricing of Universal Display products, dependence on collaborative partners, and other competition, risks relating to intellectual property of others and the uncertainties of patent protection.

These are discussed in periodic reports filed with the SEC, including the company's annual report on Form 10-K for the year ended Dec. 31, 1997 and quarterly report on Form 10-Q.

Universal Display Corp. expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in Universal Display Corp.'s expectations with regard thereto or any change in events, conditions, or circumstances on which any such statements are based.

CONTACT:

Universal Display Corporation

Dean Ledger, executive VP, 800/599-4426

KEYWORD: PENNSYLVANIA NEW JERSEY

BW1238 JUN 17,1998



To: CJacks who wrote (4712)6/17/1998 12:18:00 PM
From: TokyoMex  Respond to of 8798
 
Ziff-Davis and VisionQuest 2000 Inc. Announce Alliance;

Business/Technology Editors

REPEATING...

LA JOLLA, Calif.--(BUSINESS WIRE)--June 17, 1998--

VisionQuest 2000's Marketing Tracking Services Will Be Included

In ZD Market Intelligence's StoreBoard

Ziff-Davis (NYSE:ZD) and VisionQuest 2000 Inc. today announced an agreement that allows inclusion of VisionQuest's monthly shelf-presence data in the StoreBoard monthly channel sales reports. The agreement also permits VisionQuest 2000 to include StoreBoard data in its reports to clients. StoreBoard is a decade-old channel tracking service issued by ZD Market Intelligence (formerly Computer Intelligence).

The combination of information enabled by this agreement will provide sales, marketing, and technology executives with a more accurately assessed market outlook on which to base business projections and decisions.

"VisionQuest 2000 does meticulous work defining what is going on inside technology stores. It was clear to us that their work is a perfect complement to StoreBoard's sell-through data. Our agreement with VisionQuest 2000 allows us to offer our customers an even more robust set of marketing tools than we offered before," said George B. Meier, managing director of StoreBoard.

Commented Ernie Raper, VisionQuest 2000's president and founder, "Our company's main focus is analyzing and sizing markets. We wanted to incorporate sell-through data in our research, and ZD Market Intelligence is known for its expertise and accuracy in this area. By integrating our analysts' research with StoreBoard data, both VisionQuest 2000 and StoreBoard customers will receive a more complete package."

ZD Market Intelligence and VisionQuest 2000 will provide each other with monthly updates of their respective data. ZD Market Intelligence will receive VisionQuest 2000's complete supplier shelf-presence data by retail channel, as obtained from store audits. Data will include total SKU (stock-keeping unit) count by supplier, end-caps, rebates, and promotional displays, provided by supplier and by retail channel. ZD Market Intelligence will, in turn, provide VisionQuest 2000 with its sales data and analysis.

"As a result of StoreBoard's partnership with VisionQuest 2000, StoreBoard's Marketplace Supplement can now offer an advertising survey, an improved PC inventory report, a price band report and an in-store promotion survey, all in addition to StoreBoard's existing comprehensive sell-through data. These are the kinds of tools professional marketing people need to succeed in this fast-moving industry," StoreBoard's Meier summarized.

StoreBoard provides monthly sales data and analysis on PCs, printers and peripheral products sold within selected U.S. distribution channels: PC Superstores, Office Superstores, Consumer Electronics Stores, Mail Order Resellers, Corporate Account Dealers and Local Assemblers.

With StoreBoard, technology sales and marketing executives can:

-- obtain an objective view of overall channel performance

-- track competitive sales through multiple channels of distribution

-- explore growth potential in new markets

-- determine the marketing effectiveness of product launches and advertising campaigns

-- track Point-of-Sale marketing effectiveness

About VisionQuest 2000

Founded in 1991, VisionQuest 2000 provides expert information and analysis on a wide range of technology products for business and consumers. Headquartered in Moorpark, Calif., VisionQuest's research staff collects detailed data from store audits at retail outlets across the United States, reseller ads in trade journals, mail order catalogs and on-line catalogs.

About ZD Market Intelligence

ZD Market Intelligence, formerly Computer Intelligence, is a leading provider of sales and marketing solutions to a wide spectrum of computer and telecommunications companies. More than 10,000 users access ZD Market Intelligence data on a regular basis.

ZD Market Intelligence's extensive research capabilities provide a variety of products and services that help companies sell and market more effectively. All are based on proprietary-information databases of technology usage and buying activity in large- to medium-size businesses and homes.

Headquartered in La Jolla, ZD Market Intelligence has U.S. offices in Cambridge, Mass., Norwalk, Conn.; Sunnyvale, Calif.; and Dallas, Texas. European headquarters are in Paris, with sales offices in the United Kingdom, Germany and Spain, and sales agents in Belgium and Switzerland. Samples of ZD Market Intelligence's extensive market data and research results, timely commentary from industry authorities and previews of upcoming technology events are available on the company's World Wide Web site, www.zdintelligence.com (formerly www.ci.zd.com).

Ziff-Davis is a leading integrated media and marketing company focused on computing and Internet-related technology, with principal platforms in print publishing, trade shows and conferences, online content, market research and education. The company provides global technology companies with marketing strategies for reaching key decision-makers.

--30--cd/bos gk/bos

CONTACT: ZD Market Intelligence,

Glenn Grant, 800/880-0973

glenn-grant@zd.com

OR

Rogers Communications

Judith Vanderkay or Ruth Ann Burns, 781/224-1100

jvanderkay@rogerscom.com or rburns@rogerscom.com

KEYWORD: CALIFORNIA

INDUSTRY KEYWORD: COMED COMPUTERS/ELECTRONICS PUBLISHING TELECOMMUNICATIONS INTERACTIVE/MULTIMEDIA/INTERNET

Today's News On The Net - Business Wire's full file on the Internet

with Hyperlinks to your home page.

URL: businesswire.com

BW1184 JUN 17,1998



To: CJacks who wrote (4712)6/17/1998 12:19:00 PM
From: TokyoMex  Read Replies (3) | Respond to of 8798
 
Ziff-Davis Launches Storeboard Peripherals Market Research; New Reports Track CD-ROM, Digital Camera and Scanner Markets

LA JOLLA, Calif.--(BUSINESS WIRE)--June 17, 1998--Ziff-Davis (NYSE:ZD) today announced the launch of new StoreBoard channel tracking reports that cover the computer peripheral market categories of CD-ROM drives, digital cameras and scanners. StoreBoard is offered through ZD Market Intelligence (formerly Computer Intelligence), one of the market-research industry's leading providers of fact-based sales and marketing solutions.

The new StoreBoard Peripherals reports provide monthly sell-through data across the Retail, Dealer and Mail Order channels. StoreBoard subscribers can now watch market shares and trends for the CD-ROM drives, digital cameras and scanners they and their competitors have sold each month, by models and in by channels. This information can be used to track product distribution, revamp sales efforts and develop successful product-marketing plans.

"Our new StoreBoard Peripherals reports provide sales and marketing decision-makers with important additions to their channel-tracking information, along with the current market analysis that's necessary to make strategic market decisions," said Greg Falzon, Managing Editor, StoreBoard. "StoreBoard Peripherals information gives our customers the extra edge they need to stay competitive in the fast pace of today's technology marketplace."

The StoreBoard Peripherals database incorporates sales data since January 1998. High-level market changes and current market analyses are illuminated through monthly summary graphs and charts. StoreBoard Peripherals reports include buying patterns, market trends and market share for peripheral product segments and vendors in the retail, corporate, and mail-order channels. All data in StoreBoard Peripherals is continually aggregated into what will become a rolling 24-month survey. Internet subscribers also receive the Marketplace Supplement, a monthly survey of vendor, advertising that has appeared in major-market newspapers.

Product information in StoreBoard Peripherals is presented in easy-to-understand tables and charts, and is tabulated by manufacturer, model and detailed product attributes. For example, information on CD-ROM drives includes data on speed, interface, function and form factor; digital camera attributes include storage, interface, picture capacity and resolution; and scanner attributes include pages per minute, interface, resolution, and form factor. Reports are delivered in a multi-tab spreadsheet file obtained via the Internet or e-mail.

StoreBoard Peripherals reports are available by annual subscription from ZD Market Intelligence. Charter subscribers will receive data for the first quarter of 1998 at no extra charge. StoreBoard Peripherals can be purchased through the ZD Market Intelligence Web site at www.zdintelligence.com, or by calling ZD Market Intelligence toll-free at 800-645-5795.

ZD Market Intelligence is a leading provider of sales and marketing solutions to a wide spectrum of computer and telecommunications companies. More than 10,000 users access ZD Market Intelligence data on a regular basis. ZD Market Intelligence's extensive research capabilities provide a variety of products and services that help companies sell and market more effectively. All are based on proprietary-information databases of technology usage and buying activity in large to medium-size businesses and homes.

Headquartered in La Jolla, ZD Market Intelligence has U.S. offices in Cambridge, Mass., Norwalk, Conn.; Sunnyvale, Calif.; and Dallas, Texas. European headquarters are in Paris, with sales offices in the United Kingdom, Germany and Spain, and sales agents in Belgium and Switzerland. Samples of ZD Market Intelligence's extensive market data and research results, timely commentary from industry authorities and previews of upcoming technology events are available on the company's World Wide Web site, www.zdintelligence.com (formerly www.ci.zd.com).

Ziff-Davis is a leading integrated media and marketing company focused on computing and Internet-related technology, with principal platforms in print publishing, trade shows and conferences, online content, market research and education. The company provides global technology companies with marketing strategies for reaching key decision-makers.

CONTACT:

Rogers Communications,

Judith Vanderkay, or

Ruth Ann Burns, 781/224-1100

jvanderkay@rogerscom.com

rburns@rogerscom.com

or

ZD Market Intelligence,

Glenn Grant, 800/880-0973

glenn-grant@zd.com

KEYWORD: CALIFORNIA

BW1173 JUN 17,1998