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),
announced today that it has received an initial tooling order from a
leading printer manufacturer for monochrome displays to be included in
five laser printer models. Volume production is expected to begin
within the next three months, and the total value is expected to be up
to $6 million over the next 12 months, subject to IDW's ability to
continuously meet the customer's purchase order and quality
requirements. This is IDW's first engagement with this customer.
Tom Lacey, Chairman and Chief Executive Officer of International
DisplayWorks, commented, "We continue to capture market share and
expand our base of top-tier OEM customers across multiple end
markets. This contract win is a further validation of our efforts and
serves to further diversify our revenue stream. IDW is quickly
developing a reputation for high quality, service and price within the
market and we are optimistic on the prospects for further contract
wins."
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.
Specifically, changes in market conditions for the product or other
factors beyond IDW's control could result in a materially different
revenue forecast. 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.