ATLANTA, March 2, 2010 (GLOBE NEWSWIRE) -- Video Display Corporation (Nasdaq:VIDE) announces that its Aydin Displays, Inc., subsidiary is emerging as a leading American display supplier in the rapidly growing command and control logistics market for Unmanned Aerial Vehicles (UAVs). With the receipt of several significant orders, the company has successfully built on its position as one of the leading worldwide reliable suppliers of high quality ruggedized military and industrial displays.
The most significant driving force behind this market has been the utilization of UAVs by the U.S. and other governments worldwide in areas of international conflict. It is estimated the United States market alone currently represents 50% of the worldwide UAV market. Future UAV worldwide market growth is expected to be double digit annually for at least 5-10 years. The company, as the premier U.S. manufacturer of reliable high quality special purpose displays, provides our customers a distinct benefit in providing long-term support to the UAV customer.
Aydin is currently supplying custom mission critical displays to the vast majority of the major manufacturers of UAVs. Typically Aydin's displays are installed in the command centers of airborne and ground base units which are required to fly and control the UAVs.
Aydin has a long history of innovation in display technology for all branches of the military, and is honored to once again be at the cutting edge of the sophisticated new technology associated with UAVs. The fusion of these technologies are giving enhanced situational awareness to battlefield commanders and saving the lives of soldiers on the front lines.
About Aydin Displays
As one of the fastest growing subsidiaries of Video Display Corporation, 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.globenewswire.com/newsroom/ctr%3Fd=172730%26amp;l=3%26amp;a=www.aydindisplays.com%26amp;u=http%253A%252F%252Fwww.aydindisplays.com" target="_top" rel="nofollow">www.aydindisplays.com.
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, 2008, 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.