International DisplayWorks, Inc. Announces Stock Offering

International DisplayWorks, Inc. (IDW) (Nasdaq:IDWK), a
manufacturer and designer of liquid crystal displays (LCDs), modules
and assemblies, today announced that it has filed with the Securities
and Exchange Commission a preliminary prospectus supplement for the
sale of 9,500,000 shares of its common stock pursuant to its existing
shelf registration statement relating to the proposed offering. IDW
has also granted the underwriters in the proposed offering an option
to purchase up to an additional 1,425,000 shares to cover
overallotments.
   The proposed offering is expected to be priced during the week of
January 23, 2006. 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. When available, a copy of the prospectus relating to
the offering may be obtained from Deutsche Bank Securities Inc., 60
Wall Street, 4th Floor, New York, NY 10005, or from the offices of any
of the underwriters identified above.
   The 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.
   The shelf registration statement relating to the forgoing has
previously been filed and declared effective by the Securities and
Exchange Commission. These securities may not be sold nor any offers
to buy be accepted, and any offers may be withdrawn or revoked,
without obligation or commitment of any kind, prior to the time that
the prospectus supplement and related prospectus are delivered in
final form. This press release shall not constitute an offer to sell
or a solicitation of an offer to buy nor shall there be any sale of
these securities in any state in which such offer, solicitation or
sale would be unlawful prior to registration or qualification under
the securities laws of any such states.

   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.