PIXT - Time for flat panels to rock and roll.
______________________________________________________ SAN JOSE, Calif.--(BUSINESS WIRE)--Feb. 23, 1999--
Investors Conference to Target New Investment Opportunities in the $15 Billion FPD Market
Technology trends and new investment opportunities in emerging markets for flat panel display (FPD) manufacturing will be among the topics discussed at the USDC Investors Conference, sponsored by the U.S. Display Consortium and investment firm Needham & Company, to be held at the Marriott Marquis in New York, N.Y., on Tuesday, March 2. ... Accudyne Corporation, Advanced Display Systems, Applied Films Corporation (NASDAQ:AFCO), Colorado MicroDisplay, Display Research Labs, Elsicon Inc., FAS Technologies, FED Corporation, Photon Dynamics (NASDAQ:PHTN), PixTech (NASDAQ:PIXT), Planar Systems Inc. (NASDAQ:PLNR), S-Vision, SI Diamond Technology (OTC BB:SIDT), Siliscape, Stellar Display Corporation, Supertex (NASDAQ:SUPX), Three-Five Systems (NYSE:TFS), Universal Display Corporation (NASDAQ:PANL) and White Electronic Design Corporation (AMEX:WHT). The USDC Investors Conference will be held at the Marriott Marquis, located at 1535 Broadway, New York, N.Y., on Tuesday, March 2, from 8 a.m. to 7 p.m. Attendance is free. For more information or to register for the Investors Conference, contact Michelle Alt, USDC, by phone: 408/277-2400; fax: 408/277-2490; or e-mail marcom@usdc.org.
__________________________________________________________________________ PixTech Announces Joint Development Agreement With Large CRT Manufacturer
Cooperative Agreement Focuses on 15-20" Flat CRT's
Company Demonstrates World's First 15" FED Color Display
SANTA CLARA, Calif., and ROUSSET, France, Feb. 9 /PRNewswire/ -- PixTech, Inc. (Nasdaq: PIXT - news) today announced it has entered into a joint development program with one of the world's largest Japanese CRT manufacturers. Under the terms of the agreement the parties will share certain technologies and intellectual property with the specific goal of developing a 15-inch ''flat CRT'' prototype for multi-media desk top computer applications using field emission technology.
Dieter Mezger, PixTech's President and CEO, stated, ''This agreement represents the opportunity to combine our Japanese partner's extensive CRT development and manufacturing experience with PixTech's leading FED technology. We believe that this is a major step toward FED application for large screens.''
In addition, PixTech announced it demonstrated several prototypes of the world's first 15'' FED Color Display during the Display Works Conference in San Jose on Feb. 3, 1999. The company had previously announced the fabrication of these displays on December 18, 1998.
''Today's announcement represents a continuation of this work by merging FED and CRT technology and we believe it has the potential to expedite the development cycle of a ''flat'' alternative to today's large CRT monitor,'' Mr. Mezger continued.
About PixTech, Inc.
PixTech designs, develops and manufactures field emission displays (FEDs), a new type of flat-panel display. The Company operates a flat-panel display pilot manufacturing facility in Montpellier, France and an R&D facility and sales office in Santa Clara, Calif. PixTech is currently developing high-volume manufacturing capabilities for its FEDs in Taiwan, under a contract manufacturing arrangement with Unipac, a Taiwanese AM-LCD manufacturer. PixTech has also established a marketing partnership with Sumitomo Corporation, its exclusive distributor in Japan. More information is available from the Company's web site at pixtech.com.
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