International DisplayWorks, Inc. Announces Pricing of Offering of Common Stock

International DisplayWorks, Inc. (IDW) (Nasdaq:IDWK), a
manufacturer and designer of liquid crystal displays (LCDs), modules
and assemblies, today announced that it has priced a public offering
of 10,800,000 shares of its common stock at $5.80 per share. IDW has
also granted the underwriters an option to purchase up to an
additional 1,620,000 shares to cover over-allotments, if any. Net
proceeds before expenses from the offering are expected to be
approximately $59.0 million. Net proceeds from the offering are
anticipated to be used for general working capital, and possibly for
acquisition of technology, asset and companies, or paying down some or
all or IDW's existing revolving line of credit. At the completion of
the offering, IDW expects to have approximately 42,852,829 shares
issued and outstanding.
   The sole book-running manager of the offering is Deutsche Bank
Securities Inc. The co-lead manager is Needham & Company, LLC, and the
co-managers are Oppenheimer & Co. and Roth Capital Partners. Copies of
the final prospectus relating to the offering may be obtained from
Deutsche Bank Securities Inc., 60 Wall Street, 4th Floor, New York, NY
10005, from the offices of any of the underwriters identified above,
or from the SEC's Web site at www.sec.gov.
   The offering will be made pursuant to an effective registration
statement. This press release shall not constitute an offer to sell or
the solicitation of an offer to buy nor shall there be any sale of
these securities in any jurisdiction in which such offer, solicitation
or sale would be unlawful prior to registration or qualification under
the securities laws of any such jurisdiction.

   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.