updated 9/27/2010 12:16:22 PM ET 2010-09-27T16:16:22

ATLANTA, Sept. 27, 2010 (GLOBE NEWSWIRE) -- Video Display Corporation (Nasdaq:VIDE), an internationally recognized leader in design and manufacture of specialty niche market and rugged displays for commercial, industrial and military requirements, announced that its Aydin Displays, Inc. subsidiary has been selected to supply several different types of displays for the Halifax-Class Modernization (HCM) program. The modernization will include a new command and control system, a new radar capability, a new electronic warfare system and upgraded communication for the 12 Canadian frigates, which were commissioned between 1992 and 1997. The Halifax class multi-role patrol frigates are considered the backbone of the Canadian Navy. Aydin will be supplying nearly 1000 displays over the life of the program to be used in several different locations on the frigates including the CIC room and bridge. Displays will be mounted in various positions including racks, consoles and bulk head mounts. The Halifax frigates will utilize various sized rugged Aydin LCD's ranging from 17" up to 65" and utilize several new cutting edge technologies including LED backlights with sunlight readability and NVIS capabilities while meeting all the stringent Naval requirements for shock, vibration, and EMI. The initial contract awards totaled over $4.3M with follow on contracts expected to be awarded immediately.

About Aydin Displays

Aydin Displays is a leading provider in display manufacturing technology, servicing the industrial, military and air traffic control industries. Aydin offers a variety of industrial displays, rugged Military/COTS Flat Panel Displays, Military Panel PC Workstations, and Air Traffic Control Displays ranging in size from 6.4" to 57" and available in numerous mounting options. Many of its products comply with shock, vibration and EMI Military standards and can be customized to include options such as integrated touch screens. Aydin's unsurpassed commitment to quality creates unique solutions for their customers. For more information, visit Aydin's web site at www.aydindisplays.com.

Video Display Corporation designs, develops and manufactures unique solutions for display requirements for military, medical and industrial use with emphasis on high end training and simulation applications. Its product offerings include ruggedized CRT and AMLCD displays as well as complete projection systems utilizing VDC's Marquee(TM) line of projectors. Video Display Corporation operates eight display design and manufacturing plants plus additional sales facilities throughout the United States and Europe.

This document contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In addition, from time to time, Video Display Corporation or its representatives have made or may make forward-looking statements, orally or in writing. Such forward-looking statements may be included in, but are not limited to, various filings made by the Company with the Securities and Exchange Commission, press releases or oral statements made with the approval of an authorized executive officer of the Company. Actual results could differ materially from those projected or suggested in any forward-looking statements as a result of a wide variety of factors and conditions, including items discussed in the Company's Form 10-K for the year ended February 28, 2009, filed with the Securities and Exchange Commission. The Company undertakes no duty to publicly update forward-looking statements, whether as a result of new information, future events or otherwise.

© Copyright 2012, GlobeNewswire, Inc. All Rights Reserved

Discuss:

Discussion comments

,

Most active discussions

  1. votes comments
  2. votes comments
  3. votes comments
  4. votes comments

Data: Latest rates in the US

Home equity rates View rates in your area
Home equity type Today +/- Chart
$30K HELOC FICO 4.94%
$30K home equity loan FICO 5.19%
$75K home equity loan FICO 4.58%
Credit card rates View more rates
Card type Today +/- Last Week
Low Interest Cards 13.40%
13.40%
Cash Back Cards 17.92%
17.91%
Rewards Cards 17.12%
17.11%
Source: Bankrate.com