Innolux Display Corporation Selects Photon Dynamics as Sole Vendor for Array Test and Repair Solutions
June 10 2008 - 9:00AM
PR Newswire (US)
Photon Dynamics Receives Major Order for Generation 6 Production
Line SAN JOSE, Calif., June 10 /PRNewswire-FirstCall/ -- Photon
Dynamics, Inc. (NASDAQ:PHTN), today announced that Innolux Display
Corporation has selected the ArrayChecker(TM) and ArraySaver(TM)
products as the sole array test and repair solutions for its
generation six production line in Chunan, Taiwan. Equipped with the
ParagonAVIOS(TM) Sensor Technology, Photon Dynamics' innovative
core technology, the production-proven ArrayChecker delivers
enhanced system throughput and reliable panel defect detection
capabilities, and has achieved unrivaled customer acceptance. The
ArraySaver product line is Photon Dynamics' market leading LCD
array repair system which utilizes multiple wavelength laser
technology to repair defects in flat panel displays during and
after array fabrication. "Time-to-market and cost reduction are two
of the most critical challenges for our customers. Our
market-leading, production-proven technology offers our customers
an optimal solution for fast ramp up and production flexibility.
This multiple-system order reaffirms our innovative technology
leadership, commitment to exceptional customer support, as well as
a thorough understanding of our customers' needs," said Jeffrey
Hawthorne, president and chief executive officer of Photon
Dynamics. "We are highly gratified to continue our invaluable,
long-standing business relationship with Innolux since the
inception of its generation five T0 factory and we will continue to
help our customer optimize manufacturing efficiency and lower total
cost of ownership." About Innolux Display Corporation Innolux
Display Corp. (INNOLUX), a Foxconn Group company based in Taiwan's
"Silicon Valley" Hsin-Chu Southern Science Industrial Park, is the
first firm in Taiwan that integrates the upstream TFT-LCD panel
production to downstream system assembly. The major products are
TFT-LCD panel module for monitor product of desktop monitors, and
display units for medium- and small-sized applications such as
cellular phones, portable DVD players, etc. Future product
development will continue to address medium- and small-sized
TFT-LCD related products while large-sized LCD TVs will be the
major products. Innolux continues to research and develop new
technology and focus on manufacturing high-quality and
high-performance products. About Photon Dynamics, Inc. Photon
Dynamics, Inc. (NASDAQ:PHTN) is a global supplier utilizing
advanced machine vision technology for market leading liquid
crystal display (LCD) flat panel display test and repair systems
and for high performance digital imaging systems for defense,
surveillance, industrial inspection and medical imaging
applications. For more information about Photon Dynamics, visit its
website at http://www.photondynamics.com/. "Safe Harbor" Statement
under the Private Securities Litigation Reform Act of 1995 This
release includes forward-looking statements intended to qualify for
the safe harbor from liability established by the Private
Securities Litigation Reform Act of 1995. These forward-looking
statements generally can be identified by phrases such as PDI or
its management "believes," "expects," "anticipates," "foresees,"
"forecasts," "estimates" or other words or phrases of similar
import. Similarly, statements in this release that describe our
business strategy, outlook, objectives, plans, intentions or goals
also are forward-looking statements. All such forward-looking
statements are subject to certain risks and uncertainties that
could cause actual results to differ materially from those in
forward-looking statements. These forward-looking statements are
based on current expectations on the date of this press release and
involve a number of uncertainties and risks including but not
limited to: cancellation or delay of the purchase order by customer
which would resulting termination of our exclusive supply
relationship, and those risks and uncertainties described in the
section entitled "Management's Discussion and Analysis of Financial
Condition and Results of Operations" under the caption "Factors
Affecting Operating Results" in Photon Dynamics' Annual Report on
Form 10-K for the year ended September 30, 2007 and the Quarterly
Report on Form 10-Q for the quarter ended March 31, 2008 as filed
with the Securities and Exchange Commission. As a result, actual
results may differ substantially from expectations. Photon Dynamics
undertakes no obligation to update or revise any forward-looking
statements, whether as a result of new developments or otherwise.
DATASOURCE: Photon Dynamics, Inc. CONTACT: So-Yeon Jeong, Vice
President, Investor Relations and Marketing Communications of
Photon Dynamics, Inc. +1-408-360-3084, Web site:
http://www.photondynamics.com/
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