International Displayworks (NASDAQ:IDWK)
Historical Stock Chart
From Feb 2020 to Feb 2025
![Click Here for more International Displayworks Charts. Click Here for more International Displayworks Charts.](/p.php?pid=staticchart&s=N%5EIDWK&p=8&t=15)
International DisplayWorks, Inc. (IDW) (NASDAQ:IDWK)
today announced that Steve Gerisch has joined the Company as Vice
President of Sales. The appointment furthers the Company's goal of
enhancing and strengthening its core management team.
Mr. Gerisch joins IDW after spending approximately nine years with
Hitachi. During his initial eighteen months at Hitachi, he
dramatically increased the Company's 19-inch and 21-inch monitor
business by increasing revenues through major tier-one OEMs including
Dell and Gateway. As a result of his efforts, he was then internally
recruited to the Hitachi Display group where he grew notebook TFT
sales with the same kind of dramatic results. While serving as
Director of Strategic Accounts, Mr. Gerisch also organized and
combined the engineering, sales, quality and service into a single
cohesive group. He and his group received many customer awards,
including the Platinum Supplier award from Dell. More recently he grew
Hitachi's small form factor TFT business by selling numerous platforms
to their customer base, once again concentrating on large volume
opportunities in many different market spaces. Prior to joining
Hitachi, Mr. Gerisch spent fourteen years with OKIDATA, gaining OEM
design wins for not only printers, but also disk drives and modems. He
began his career with Texas Instruments' Digital Systems group.
In conjunction with this appointment, the Company also announced
that Brad Ferrell, who since the Company's inception has led its
strong, near 100% annual revenue growth, will become Vice President of
Business Development.
"Steve's extensive experience as a key sales executive helps us
round out our management expansion initiative," commented Tom Lacey,
Chairman and CEO of IDW. "He has established a proven track record for
capturing large, high-volume supply agreements, for cultivating and
maintaining close customer relationships and for developing and
leading high-performing sales organizations. He gained significant
exposure to the display industry, including both small and large form
factors, and brings a deep portfolio of industry relationships. With
more than 24 years of proven success, and exceptional persistence and
determination, he is the ideal executive to continue our rapid growth.
Steve brings experience in pricing strategies, business and employee
development, channel management and competitive analysis. I'd also
like to congratulate Brad Ferrell on his new position. As one of IDW's
original employees, Brad has been a key contributor to our success and
this new assignment will leverage his exceptional skills for our
continued business expansion."
Mr. Gerisch added, "I am extremely excited to have earned this
position. The industries and markets we serve are growing
exponentially, and price and quality continue to be the deciding
factor in winning sales opportunities. I will leverage the Company's
excellent reputation for quality manufacturing and low-cost production
capabilities to further IDW's current growth initiatives and look
forward to working with Tom, Brad and the rest of the IDW team to
share these competitive advantages with prospective customers."
About International DisplayWorks
International DisplayWorks, Inc. is a manufacturer and designer of
high quality liquid crystal displays, modules and assemblies for a
variety of customer needs including OEM applications. IDW operates
466,000 square feet of manufacturing facilities in the People's
Republic of China (PRC). Sales offices are located in US, Europe, Hong
Kong, Singapore, and China. Copies of IDW's 10-K and other documents
as filed with the SEC are available through a link on our web site:
www.idwk.com.
NOTE: The foregoing is news relating to International
DisplayWorks, Inc. ("IDW") and contains forward-looking statements,
which are made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. The forward-looking
statements involve risks and uncertainties that could cause actual
results to differ materially from the forward-looking statements. When
used in this release, the words "anticipate," "believe," "estimate,"
"expect" and similar expressions as they relate to IDW or its
management, including without limitation, IDW and its subsidiaries,
are intended to identify such forward-looking statements. IDW's actual
results, performance or achievements could differ materially from the
results expressed in, or implied by these forward-looking statements.
For more detailed information the reader is referred to IDW's 10-K and
other related documents filed with the Securities and Exchange
Commission. This does not constitute an offer to buy or sell
securities by the Company and is meant purely for informational
purposes.